Coca-Cola FEMSA (NYSE: KOF) CLO discloses 15,601 BL Units via trust
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
COCA COLA FEMSA SAB DE CV insider Camila Lopes Amaral Westin Pereira, the Chief Legal Officer, filed an initial Form 3 reporting indirect ownership of 15,601 BL Units. These Units are held for her benefit in an Employee Trust, with each Unit consisting of three Series B Shares and five Series L Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lopes Amaral Westin Pereira Camila
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | BL Unit | -- | -- | -- |
Holdings After Transaction:
BL Unit — 15,601 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 Form 3 filed for COCA COLA FEMSA (COCSF) show?
The Form 3 reports that Chief Legal Officer Camila Lopes Amaral Westin Pereira indirectly holds 15,601 BL Units. These Units are held in an Employee Trust for her benefit rather than as a direct personal share account.
Did the COCA COLA FEMSA (COCSF) Form 3 disclose any insider buying or selling?
No transactions such as buying or selling were disclosed. The filing only records an existing indirect holding of 15,601 BL Units as of the reporting date, serving as an initial ownership statement for the insider.
How are the BL Units held for the COCA COLA FEMSA (COCSF) insider?
The 15,601 BL Units are held by Banco Mercantil del Norte, S.A., Trust No. 204124, known as the Employee Trust. This trust is controlled by Fomento Economico Mexicano, S.A.B. de C.V., with the insider participating as a beneficiary.
What is inside each BL Unit reported for COCA COLA FEMSA (COCSF)?
Each BL Unit consists of three Series B Shares and five Series L Shares. The Form 3 clarifies this structure so investors understand that the 15,601 reported Units represent bundled holdings of both Series B and Series L shares.
Is the COCA COLA FEMSA (COCSF) insider’s ownership direct or indirect?
The ownership is indirect. The Form 3 classifies the position as held "By Employee Trust," meaning the Units are legally held in a trust structure for the insider’s benefit, rather than directly in her own name.