America Movil (NYSE: AMX) CFO discloses indirect option stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
AMERICA MOVIL (AMX) Chief Financial Officer Carlos Jose Garcia Moreno Elizondo filed an initial Form 3 detailing indirect derivative holdings in Series B shares. The positions are held through Inmobiliaria Evian-Chamonix S.A. de C.V., where he is the majority shareholder.
The filing lists put options with exercise prices of $16.0000 and $17.0000 per ADR, each tied to 800,000 underlying Series B shares, and call options with exercise prices of $21.0000, $22.0000, and $23.0000 per ADR on 464,000, 144,000, and 344,000 underlying shares, respectively. All options are shown with an expiration date of August 21, 2026. The footnotes note that each ADR represents 20 Series B shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Garcia Moreno Elizondo Carlos Jose
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Put Option (right to sell) | -- | -- | -- |
| holding | Put Option (right to sell) | -- | -- | -- |
| holding | Call Option (right to buy) | -- | -- | -- |
| holding | Call Option (right to buy) | -- | -- | -- |
| holding | Call Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Put Option (right to sell) — 800,000 shares (Indirect, By Inmobiliaria Evian-Chamonix S.A. de C.V);
Call Option (right to buy) — 464,000 shares (Indirect, By Inmobiliaria Evian-Chamonix S.A. de C.V)
Footnotes (1)
- The securities reported herein are held in the form of 40,000 American Depository Receipts ("ADRs"). Each ADR represents 20 Series B Shares. The securities reported herein are held in the form of 23,200 ADRs. Each ADR represents 20 Series B Shares. The securities reported herein are held in the form of 7,200 ADRs. Each ADR represents 20 Series B Shares. The securities reported herein are held in the form of 17,200 ADRs. Each ADR represents 20 Series B Shares. The price reported in column 4 represents the exercise price per ADR. These derivative securities are held by Inmobiliaria Evian-Chamonix S.A. de C.V, a sociedad anonima de capital variable organized under the laws of Mexico ("Inmobiliaria Evian-Chamonix"). The reporting person is the majority shareholder of Inmobiliaria Evian-Chamonix.
FAQ
What does the AMX Form 3 filing by the CFO report?
It reports the Chief Financial Officer’s indirect holdings of derivative securities linked to America Movil Series B shares, including multiple put and call option positions with specified exercise prices and a common expiration date of August 21, 2026, held via Inmobiliaria Evian-Chamonix.
Are there any stock purchases or sales in this AMX Form 3?
No, the Form 3 lists existing derivative holdings, not stock purchases or sales. All five entries are categorized as holdings, with the transaction summary showing no buy or sell transactions and only unknown-code, holding-type derivative positions.
How are the AMX derivative positions in the Form 3 held?
The derivative securities are held indirectly through Inmobiliaria Evian-Chamonix S.A. de C.V., a Mexican company. The filing states the reporting person is the majority shareholder of this entity, which holds the put and call options on America Movil Series B shares.
What options and exercise prices are disclosed in the AMX Form 3?
The filing lists put options with exercise prices of $16.0000 and $17.0000 per ADR on 800,000 underlying Series B shares each, plus call options at $21.0000, $22.0000, and $23.0000 per ADR on 464,000, 144,000, and 344,000 underlying shares, respectively, all expiring August 21, 2026.
Does the AMX Form 3 show remaining derivative positions after transactions?
Yes, the derivative summary describes remaining put and call option positions on specified amounts of Series B shares, all with an expiration date of August 21, 2026, indicating the derivative holdings visible in this initial ownership report.