Grupo Aeromexico (AERO) CCO sells 355,600 shares, retains 1.26M common
Rhea-AI Filing Summary
Grupo Aeromexico, S.A.B. de C.V. Chief Commercial Officer Aaron James Murray reported a sale of 355,600 common shares (through American Depositary Shares) on 2026-08-12 at a weighted average of $1.583 per underlying common share, in multiple trades between $1.577 and $1.597. After this sale, he holds 1,262,530 common shares, economically equivalent to 126,253 ADSs, all as direct ownership. The company notes its status as a foreign private issuer, making these equity transactions exempt from Sections 16(b) and 16(c) of the Exchange Act.
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Insights
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Insider Trade Summary
Net Seller: 355,600 shares
Net Sell
1 txn
Insider
Murray Aaron James
Role
Chief Commercial Officer
Sold
355,600 shs ($563K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common shares, without nominal value F1, F2 | 355,600 | $1.583 | $563K |
Holdings After Transaction:
Common shares, without nominal value — 1,262,530 shares (Direct)
Footnotes (2)
- F1. The reported sale was effected in American Depositary Shares (ADSs), each ADS representing ten common shares, following prior conversion of the reporting person's common shares into ADSs. The number of securities reported in Table I reflects the common shares underlying the ADSs sold. The reported price reflects the U.S. dollar weighted average sale price per underlying common share, calculated by dividing the ADS sale price by ten. The sales were effected in multiple transactions at prices ranging from $1.577 to $1.597 per underlying common share, inclusive. The reporting person continues to own the same number of ADSs previously reported in Table II on prior Forms 4, which are not impacted by the sales reported in this Form 4.
- F2. Represents shares of common stock held by the reporting person, which are the economic equivalent of 126,253 American Depositary Shares (ADSs).
Key Figures
Shares sold: 355,600 common shares
Weighted average sale price: $1.583 per underlying common share
Sale price range: $1.577–$1.597 per underlying common share
+3 more
6 metrics
Shares sold
355,600 common shares
Non-derivative sale on 2026-08-12 via ADSs
Weighted average sale price
$1.583 per underlying common share
Calculated from ADS sale prices divided by ten
Sale price range
$1.577–$1.597 per underlying common share
Multiple transactions within this price band
Shares owned after sale
1,262,530 common shares
Post-transaction direct holdings, equivalent to 126,253 ADSs
ADS equivalence
10 common shares per ADS
Each American Depositary Share represents ten common shares
ADSs equivalent to post-sale holdings
126,253 ADSs
Common shares held after sale expressed as ADS equivalents
Key Terms
American Depositary Shares (ADSs), foreign private issuer, Rule 3a12-3(b), Sections 16(b) and 16(c)
4 terms
foreign private issuer regulatory
"Due to the issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b)"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
Rule 3a12-3(b) regulatory
"status as a foreign private issuer pursuant to Rule 3a12-3(b) under the Securities Exchange Act of 1934"
Sections 16(b) and 16(c) regulatory
"transactions in the issuer's equity securities are exempt from Sections 16(b) and 16(c) of the Act"
FAQ
What insider transaction did Grupo Aeromexico (AERO) report in this Form 4?
Grupo Aeromexico’s Chief Commercial Officer Aaron James Murray sold 355,600 common shares on 2026-08-12. The sale was effected via ADSs, each representing ten common shares, with details converted to the underlying common share basis.
Are Grupo Aeromexico (AERO) insider trades in this filing subject to Section 16(b) and 16(c)?
The company states that, as a foreign private issuer under Rule 3a12-3(b), the reporting person’s equity transactions are exempt from Sections 16(b) and 16(c) of the Securities Exchange Act of 1934.
Was the AERO insider sale reported as part of a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as affirmative, and the footnotes do not state that the sale was made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.