Director at Grupo Aeromexico (AERO) buys 8,000 ADS on open market

Rhea-AI Filing Summary

Grupo Aeromexico, S.A.B. de C.V. director Andres Borrego reported an open-market purchase of 8,000 American Depositary Shares. The weighted average purchase price was $12.83 per ADS, with individual trades ranging from $12.80 to $12.86. Each ADS represents 10 common shares, and following this transaction he directly holds 8,000 ADS.

Insider Trade Summary

Net Buyer: 8,000 shares ($102,640)

Net Buy 1 txn

Insider Borrego Andres

Role Director

Bought 8,000 shs ($103K)

Type	Security	Shares	Price	Value
Purchase	American Depositary Shares	8,000	$12.83	$103K

Holdings After Transaction: American Depositary Shares — 8,000 shares (Direct)

Footnotes (1)

1. The reported transaction was effected in American Depositary Shares (ADSs), each representing 10 common shares. The price reported in Column 8 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $12.80 to $12.86, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Borrego Andres

(Last) (First) (Middle)

C/O GRUPO AEROMEXICO, S.A.B. DE C.V.

AV. PASEO DE LA REFORMA 243, 25 FL.

(Street)

CUAUHTEMOC MEXICO CITY 06500

(City) (State) (Zip)

MEXICO

(Country)

2. Issuer Name and Ticker or Trading Symbol
Grupo Aeromexico, S.A.B. de C.V. [ AERO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol
[AERO]

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
American Depositary Shares	(1)	03/19/2026		P		8,000		(1)	(1)	Common shares, without nominal value	(1)	$12.83(2)	8,000	D

Explanation of Responses:

1. The reported transaction was effected in American Depositary Shares (ADSs), each representing 10 common shares.

2. The price reported in Column 8 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $12.80 to $12.86, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

Remarks:

Due to the issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b) under the Securities Exchange Act of 1934 (the "Act"), the reporting person's transactions in the issuer's equity securities are exempt from Sections 16(b) and 16(c) of the Act. Power of Attorney previously filed with the SEC.

	/s/ Ernesto Gomez Pombo, as attorney-in-fact for Andres Borrego y Marron	03/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did AERO director Andres Borrego report?

Director Andres Borrego reported buying 8,000 American Depositary Shares in Grupo Aeromexico. The Form 4 shows this was an open-market purchase of ADSs, giving him a direct holding reported at 8,000 ADS after the transaction was completed.

At what price did the AERO director buy the 8,000 ADS?

The reported weighted average purchase price was $12.83 per American Depositary Share. Footnotes explain the ADSs were bought in multiple trades, with prices ranging from $12.80 to $12.86 each across the reported transactions.

How many Grupo Aeromexico (AERO) ADS does the director hold after the trade?

After the reported transaction, Andres Borrego directly holds 8,000 American Depositary Shares. This figure is shown as the total number of ADS beneficially owned following the transaction in the Form 4’s ownership column for this security.

What does each Grupo Aeromexico (AERO) ADS represent in common shares?

Each American Depositary Share represents 10 common shares of Grupo Aeromexico. The footnotes clarify this ratio, indicating that the ADSs provide indirect exposure to the company’s underlying common shares through this fixed 10-to-1 relationship.

Was the AERO insider transaction a purchase or a sale?

The filing states it was a purchase transaction, coded as an open-market buy. The transaction code “P” and the description identify it as a purchase in the open market or a private transaction, rather than a sale or derivative exercise.