Copa Holdings (NYSE: CPA) director Manuel Orillac files initial Form 3

Rhea-AI Filing Summary

Copa Holdings, S.A. director Manuel Alberto Orillac filed an initial Form 3, which is the required statement of beneficial ownership for insiders. The data provided shows no reported purchases, sales, option exercises, gifts, or other insider transactions associated with this filing.

Key Terms

Form 3, beneficial ownership, reporting person

3 terms

Form 3 regulatory

"filed an initial Form 3, which is the required statement of beneficial ownership"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

beneficial ownership financial

"Form 3, which is the required statement of beneficial ownership for insiders"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

reporting person regulatory

"records Manuel Alberto Orillac as a director and initial reporting person"

Understanding Insider Trading Forms →

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

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1. Name and Address of Reporting Person^*

Orillac Manuel Alberto

(Last) (First) (Middle)

BUSINESS PARK NORTH TOWER

COSTA DEL ESTE

(Street)

PANAMA 0816-06819

(City) (State) (Zip)

PANAMA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
05/13/2026

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

3a. Foreign Trading Symbol

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

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

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

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)

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:

No securities are beneficially owned.

	/s/ Manuel Orillac	05/20/2026
	** 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.
* Form 3: SEC 1473 (03-26)

FAQ

What does Manuel Alberto Orillac’s Form 3 for CPA disclose?

The Form 3 for Copa Holdings, S.A. (CPA) records Manuel Alberto Orillac as a director and initial reporting person. It shows no insider purchases, sales, option exercises, gifts, or restructuring transactions in the summarized data.

Does the CPA Form 3 for Manuel Alberto Orillac show any insider trades?

No insider trades are shown in the summarized Form 3 data for Manuel Alberto Orillac. The transaction summary lists zero purchases, sales, exercises, gifts, tax withholdings, or restructurings for Copa Holdings, S.A. (CPA).

What is the role of the reporting person in Copa Holdings, S.A. (CPA)?

The reporting person, Manuel Alberto Orillac, is identified as a director of Copa Holdings, S.A. (CPA). Being a director makes him subject to insider reporting rules, including filing this initial Form 3 statement of beneficial ownership.

Are there any derivative positions reported in this CPA Form 3 filing?

The summarized Form 3 data for Copa Holdings, S.A. (CPA) shows no derivative positions. The derivative transaction count and derivative summary entries are zero, indicating no options or similar instruments reported in this filing excerpt.