CEMEX (NYSE: CX) VP gets 17,060 ADS; 7,687 shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CEMEX SAB DE CV VP of Global Enterprise Services Oscar Balmore Elizondo de la Garza reported equity compensation in CX American Depositary Shares. On June 15, 2026, 17,060 CX ADS were acquired at no cost as a grant linked to compensation plans from 2023, 2024 and 2025, including a 306-ADS technical cash-dividend adjustment. To cover tax obligations, 7,687 ADS were disposed of through a tax-withholding transaction at $12.25 per share, rather than an open-market sale. After these entries, he directly holds 25,584 CX ADS.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Elizondo de la Garza Oscar Balmore
Role
VP of Global Ent. Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | CX | 7,687 | $12.25 | $94K |
| Grant/Award | CX | 17,060 | $0.00 | -- |
Holdings After Transaction:
CX — 25,584 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 17,060 CX ADS
Tax-withheld shares: 7,687 CX ADS
Tax-withholding price: $12.25 per share
+3 more
6 metrics
Shares granted
17,060 CX ADS
Equity grant on June 15, 2026 from 2023–2025 plans and dividend adjustment
Tax-withheld shares
7,687 CX ADS
Shares withheld for taxes at $12.25 per share
Tax-withholding price
$12.25 per share
Value applied to 7,687 CX ADS used for tax withholding
Holdings after transactions
25,584 CX ADS
Directly owned by the executive following grant and tax withholding
ADS vested from plans
16,754 CX ADS
Vested from 2023, 2024 and 2025 compensation plans
Dividend adjustment grant
306 CX ADS
Additional ADS granted due to technical cash-dividend adjustment
Key Terms
American Depositary Shares, tax-withholding disposition, compensation plans, grant, award, or other acquisition
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
compensation plans financial
"corresponding to the compensation plans from 2023, 2024 and 2025 vested in favor..."
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did CEMEX (CX) report for Oscar Balmore Elizondo de la Garza?
CEMEX (CX) reported that VP Oscar Balmore Elizondo de la Garza received a share grant and related tax withholding in CX American Depositary Shares. These transactions reflect equity compensation vesting, not open-market buying or selling of the company’s stock.
What are the executive’s CEMEX (CX) holdings after these transactions?
Following the grant and tax-withholding disposition, the executive directly holds 25,584 CX American Depositary Shares. This figure reflects his updated position after the equity compensation vested and the related tax obligations were settled in shares.
Were the CEMEX (CX) insider transactions open-market trades?
No. The Form 4 shows a grant of 17,060 CX ADS at zero price and a 7,687-share tax-withholding disposition at $12.25. Both arise from equity compensation vesting, rather than voluntary open-market purchases or sales of CEMEX stock.