Director of Betterware de Mexico (BWMX) reports 1.17M indirect shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
BETTERWARE DE MEXICO, S.A.P.I. DE C.V. director Jose de Jesus Valdez Simancas has filed an initial ownership report on Form 3. The filing shows indirect ownership of 1,165,000 Ordinary Shares held through Exponential Growth LP, establishing his starting equity position as a company insider rather than reporting a new transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SIMANCAS JOSE DE JESUS VALDEZ
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 1,165,000 shares (Indirect, By Exponential Growth LP)
Footnotes (1)
FAQ
What does the BWMX Form 3 filing by Jose de Jesus Valdez Simancas show?
The Form 3 filing shows Jose de Jesus Valdez Simancas as a director of Betterware de Mexico with indirect ownership of 1,165,000 Ordinary Shares held through Exponential Growth LP. It establishes his existing stake when he became subject to insider reporting rules.
Is the BWMX Form 3 ownership held directly or indirectly by the reporting person?
The Form 3 states the shares are held indirectly by the reporting person. The 1,165,000 Ordinary Shares are owned through Exponential Growth LP, with the nature of ownership described as “By Exponential Growth LP” rather than direct personal holdings.
What is the significance of a Form 3 filing for BWMX investors?
A Form 3 provides an insider’s initial ownership baseline when they become a reporting person. For BWMX, it shows a director’s 1,165,000-share indirect stake, helping investors understand insider equity alignment without indicating any recent purchases or sales.