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FMX (NYSE: FMX) general counsel reports direct and employee trust BD Units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Mexican Economic Development Inc. General Counsel Alejandro Gil Ortiz has filed an initial ownership report showing his holdings of BD Units. The filing lists 42,500 BD Units held directly, another direct holding of 120 BD Units, and 50,359 BD Units held indirectly through an employee trust.

The indirect position is held for his benefit by an employee trust controlled by Fomento Economico Mexicano, S.A.B. de C.V., with a bank acting as trustee. The footnotes also clarify that each ADR represents 10 BD Units, and each BD Unit is composed of specified Series B and Series D shares.

Positive

  • None.

Negative

  • None.
Insider Gil Ortiz Alejandro
Role General Counsel
Type Security Shares Price Value
holding BD Units -- -- --
holding BD Units -- -- --
holding BD Units -- -- --
Holdings After Transaction: BD Units — 42,500 shares (Direct); BD Units — 50,359 shares (Indirect, By Employee Trust)
Footnotes (1)
  1. The securities reported herein are held in the form of BD Units. Each BD Unit consists of one Series B Share, two Series D-B Shares and two Series D-L Shares, without par value ("Series D-B Shares" and "Series D-L Shares", respectively). The securities reported herein are held in the form of American Depositary Shares, evidenced by American Depositary Receipts ("ADRs"). Each ADR represents 10 BD Units. Each BD Unit consists of one Series B Share, two Series D-B Shares and two Series D-L Shares ("BD Unit"), without par value ("Series D-B Shares" and "Series D-L Shares", respectively). 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.
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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*
Gil Ortiz Alejandro
(Last) (First) (Middle)
AVENIDA GENERAL AYALA 601
BELLA VISTA
(Street)
MONTERREY O5 64410
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026 		3. Issuer Name and Ticker or Trading Symbol
MEXICAN ECONOMIC DEVELOPMENT INC [ FMX ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
General Counsel
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)
BD Units 42,500(1) D
BD Units 120(2) D
BD Units 50,359(1) I By Employee Trust(3)
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. The securities reported herein are held in the form of BD Units. Each BD Unit consists of one Series B Share, two Series D-B Shares and two Series D-L Shares, without par value ("Series D-B Shares" and "Series D-L Shares", respectively).
2. The securities reported herein are held in the form of American Depositary Shares, evidenced by American Depositary Receipts ("ADRs"). Each ADR represents 10 BD Units. Each BD Unit consists of one Series B Share, two Series D-B Shares and two Series D-L Shares ("BD Unit"), without par value ("Series D-B Shares" and "Series D-L Shares", respectively).
3. 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.
Remarks:
Alejandro Gil Ortiz 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.

Source: View Original Filing on SEC EDGAR

FAQ

What does the FMX Form 3 filing for Alejandro Gil Ortiz report?

The Form 3 filing reports initial holdings of BD Units by General Counsel Alejandro Gil Ortiz, including directly held units and additional units held indirectly through an employee trust established for his benefit.

How many FMX BD Units does Alejandro Gil Ortiz hold directly and indirectly?

The filing shows 42,500 BD Units directly in one account, 120 BD Units directly in another, and 50,359 BD Units held indirectly through an employee trust where he is a trust participant.

What is a BD Unit in the FMX Form 3 for Alejandro Gil Ortiz?

A BD Unit consists of one Series B Share, two Series D-B Shares, and two Series D-L Shares, all without par value. These components are detailed in the footnotes to clarify the economic interest represented.

How are FMX BD Units represented by ADRs in this Form 3 filing?

The filing explains that the securities are also held as American Depositary Shares (ADRs), where each ADR represents 10 BD Units. This structure allows trading of the underlying BD Units in U.S. markets through depositary receipts.

What is the role of the employee trust in Alejandro Gil Ortiz’s FMX holdings?

An employee trust controlled by Fomento Economico Mexicano, S.A.B. de C.V. holds 50,359 BD Units for his benefit. A bank serves as trustee, and Ortiz is a trust participant, reflecting indirect ownership of those units.

Does the FMX Form 3 for Alejandro Gil Ortiz show any recent buying or selling?

The Form 3 functions as an initial ownership report and lists holdings of BD Units, both direct and indirect. It does not categorize these entries as recent purchases or sales, only as positions held after the reported date.