Coca-Cola FEMSA (NYSE: KOF) CIO files Form 3 on BL Units
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
COCA COLA FEMSA SAB DE CV executive Thiago Fernandes Vieira de Oliveira, the Chief Information Officer, filed an initial ownership report showing indirect holdings of 4,969 BL Units. These Units are held through an employee trust structure for his benefit.
Each BL Unit consists of three Series B shares and five Series L shares, and the Units are held by an employee trust controlled by Fomento Economico Mexicano, with the reporting person participating as a beneficiary rather than holding the shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fernandes Vieira de Oliveira Thiago
Role
Chief Information Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | BL Unit | -- | -- | -- |
Holdings After Transaction:
BL Unit — 4,969 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 the Coca-Cola FEMSA (COCSF) Form 3 filing report?
The Form 3 reports the Chief Information Officer’s initial indirect ownership of 4,969 BL Units in Coca-Cola FEMSA. It establishes his baseline equity position as a company insider, without indicating any recent purchase or sale transactions.
How many BL Units does the Coca-Cola FEMSA CIO indirectly hold?
The CIO indirectly holds 4,969 BL Units in Coca-Cola FEMSA. These Units are recorded as held for his benefit in an employee trust, providing an initial snapshot of his indirect equity exposure as a newly reported insider.
How are BL Units structured at Coca-Cola FEMSA (COCSF)?
Each BL Unit consists of three Series B shares and five Series L shares of Coca-Cola FEMSA. This bundled structure means the CIO’s reported 4,969 Units represent a combined interest in both Series B and Series L share classes through the Unit format.
Are the Coca-Cola FEMSA BL Units held directly by the CIO?
No, the BL Units are held indirectly for the CIO’s benefit by an employee trust. The trust is controlled by Fomento Economico Mexicano, and the CIO participates as a beneficiary rather than directly holding the underlying shares himself.
What entity holds the Coca-Cola FEMSA BL Units for the CIO?
The BL Units are held by Banco Mercantil del Norte, S.A., Grupo Financiero Banorte, Trust No. 204124, described as the Employee Trust. This trust is controlled by Fomento Economico Mexicano and holds the securities for the CIO’s benefit as a participant.