Copa Holdings (CPA) Executive Vicepresident reports 13,412 Class A shares on Form 3

Rhea-AI Filing Summary

Copa Holdings, S.A. filed an initial insider ownership report for Executive Vicepresident Robert Etienne Carey. The Form 3 shows he holds 13,412 shares of Class A Common Stock following the reported entry. A related footnote explains these shares represent restricted stock units, each giving a contingent right to receive one Class A share upon settlement.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Carey Robert Etienne

Role Executive Vicepresident

Type	Security	Shares	Price	Value
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 13,412 shares (Direct)

Footnotes (1)

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Accepted by SEC EDGAR 03/17/2026 - 02:29 PM Learn about SEC filing dates

FAQ

What does Copa Holdings (CPA) disclose in this Form 3 for Robert Etienne Carey?

The filing reports Executive Vicepresident Robert Etienne Carey’s initial ownership in Copa Holdings. It shows he holds 13,412 shares of Class A Common Stock through restricted stock units, establishing his starting equity position as an executive officer.

How many Copa Holdings (CPA) shares does Robert Etienne Carey report owning?

The Form 3 shows Robert Etienne Carey with 13,412 shares of Copa Holdings Class A Common Stock following the reported entry. This number reflects his equity exposure tied to restricted stock units granted by the company.

What type of equity does Robert Etienne Carey hold in Copa Holdings (CPA)?

His position consists of restricted stock units, or RSUs. Each RSU represents a contingent right to receive one share of Copa Holdings’ Class A Common Stock when the units settle, rather than currently issued shares from open-market purchases.

Does this Copa Holdings (CPA) Form 3 show any insider buying or selling activity?

The Form 3 functions as an initial ownership statement and does not report explicit buy or sell transactions. It primarily discloses Robert Etienne Carey’s existing holdings of 13,412 Class A shares via restricted stock units.

What is Robert Etienne Carey’s role at Copa Holdings (CPA) in this Form 3?

He is identified as an officer of Copa Holdings with the title Executive Vicepresident. The Form 3 links this executive role to his reported equity position of 13,412 Class A Common Stock shares via restricted stock units.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Carey Robert Etienne

(Last) (First) (Middle)

BUSINESS PARK NORTH TOWER

COSTA DEL ESTE

(Street)

PANAMA R1 0816-06819

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
Copa Holdings, S.A. [ CPA ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vicepresident

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock	13,412(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares represent restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock upon settlement.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Ambar Vargas, Attorney-in-fact	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.