Coca-Cola FEMSA (COCSF) officer reports BL Unit trust holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Coca-Cola FEMSA operating officer for Brazil, Eduardo Pereyra Mendez, has filed an initial Form 3 showing indirect holdings in BL Units of the company. The filing reports 53,453 BL Units held indirectly through an Employee Trust for his benefit.
Each BL Unit consists of three Series B Shares and five Series L Shares, so the position represents a bundled ownership structure rather than single shares. The Units are held by Banco Mercantil del Norte, S.A., Trust No. 204124, an Employee Trust controlled by Fomento Economico Mexicano, S.A.B. de C.V., in which he participates as a beneficiary. This disclosure reflects existing beneficial ownership rather than a new purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pereyra Mendez Eduardo
Role
Operating Officer-Brazil
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | BL Unit | -- | -- | -- |
Holdings After Transaction:
BL Unit — 53,453 shares (Indirect, By Employee Trust)
Footnotes (1)
- The securities reported herein are held in the form of Units. Each Unit consists of three Series B Shares and five Series L Shares (a Unit). These securities are held for the benefit of the reporting person by Banco Mercantil del Norte, S.A., Institucion de Banca Multiple, Grupo Financiero Banorte, Trust No. 204124 (the "Employee Trust"), a trust controlled by Fomento Economico Mexicano, S.A.B. de C.V. in which the reporting person is a trust participant.
FAQ
What does Eduardo Pereyra Mendez report in his Form 3 for COCSF?
He reports an existing indirect position of 53,453 BL Units of Coca-Cola FEMSA. These Units are held for his benefit in an Employee Trust, reflecting his initial beneficial ownership as an officer, not a new market transaction.
How are Coca-Cola FEMSA BL Units structured in this Form 3 filing?
Each BL Unit consists of three Series B Shares and five Series L Shares. The filing notes that the securities are reported in Unit form, meaning investors should view his position as bundled Units rather than individual Series B or Series L shares.
How many Coca-Cola FEMSA BL Units does the Employee Trust hold for Mendez?
The Form 3 shows 53,453 BL Units held indirectly for Eduardo Pereyra Mendez. This total represents his beneficial interest through the Employee Trust and is the amount reported as of the filing’s effective ownership date.
Who legally holds the BL Units reported for COCSF in this Form 3?
The BL Units are held by Banco Mercantil del Norte, S.A., Trust No. 204124. This Employee Trust is controlled by Fomento Economico Mexicano, S.A.B. de C.V., with Mendez participating as a beneficiary rather than holding the Units directly.
Is there any buy or sell transaction reported in this Coca-Cola FEMSA Form 3?
No explicit buy or sell transaction is reported; it is an initial ownership statement. The Form 3 simply records Mendez’s existing indirect holdings in BL Units through the Employee Trust, rather than documenting a new purchase or sale.
What is Eduardo Pereyra Mendez’s role at Coca-Cola FEMSA in this filing?
He is identified as an officer with the title Operating Officer-Brazil. The Form 3 links this executive position to his indirect beneficial ownership of BL Units held through the Employee Trust, clarifying his status as a reporting person.