CEMEX (CX) EVP Luis Echavez reports large direct holdings in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
CEMEX SAB DE CV executive Luis Echavez Hernandez filed an initial ownership report showing substantial direct holdings in the company. He reports 3,813,198 Ordinary Participation Certificates (CEMEX.CPO) traded on the Mexican Stock Exchange and 256,227 CX securities. These entries are classified as holdings rather than new purchases or sales, so the filing mainly documents his existing ownership position as Executive Vice President of Digital and Organizational Development.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Echavez Hernandez Luis
Role
EVP Digital and Org. Develop.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Participation Certificates (CEMEX.CPO) BMV MEXICO | -- | -- | -- |
| holding | CX | -- | -- | -- |
Holdings After Transaction:
Ordinary Participation Certificates (CEMEX.CPO) BMV MEXICO — 3,813,198 shares (Direct);
CX — 256,227 shares (Direct)
Footnotes (1)
FAQ
What does the Form 3 filing by CEMEX (CX) executive Luis Echavez show?
The Form 3 shows Luis Echavez’s existing ownership in CEMEX, not a new trade. He reports millions of Ordinary Participation Certificates and additional CX securities, establishing his baseline stake as an executive of the company.
How many CEMEX.CPO Ordinary Participation Certificates does Luis Echavez hold?
Luis Echavez reports holding 3,813,198 Ordinary Participation Certificates (CEMEX.CPO). These certificates represent his direct economic interest in CEMEX SAB DE CV and are traded on the Mexican Stock Exchange, according to the Form 3 disclosure.
How many CX securities on the NYSE does Luis Echavez report owning?
The Form 3 shows Luis Echavez directly holding 256,227 CX securities. This position is reported as a holding, meaning the filing records his existing stake rather than indicating a new purchase or sale of CX shares.
Does the CEMEX (CX) Form 3 indicate any insider buying or selling activity?
The Form 3 does not indicate insider buying or selling. It classifies the entries as holdings, with unknown transaction codes, meaning the document primarily establishes Luis Echavez’s ownership levels rather than recording new market transactions.
What is Luis Echavez’s role at CEMEX SAB DE CV in this Form 3?
Luis Echavez is identified as an officer of CEMEX SAB DE CV, serving as Executive Vice President of Digital and Organizational Development. The Form 3 links his reported holdings directly to his status as a senior company executive.
Are Luis Echavez’s CEMEX holdings reported as direct or indirect ownership?
Both reported positions are classified as direct ownership. The Form 3 lists the Ordinary Participation Certificates and CX securities with a direct ownership code, indicating the holdings are attributed personally to Luis Echavez rather than to related entities.