FMX counsel reports initial BD Unit holdings
Mexican Economic Development Inc. General Counsel Alejandro Gil Ortiz has filed an initial ownership report showing his holdings of BD Units.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | BD Units | -- | -- | -- |
| holding | BD Units | -- | -- | -- |
| holding | BD Units | -- | -- | -- |
Footnotes (3)
- F1. 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).
- F2. 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).
- F3. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the FMX Form 3 filing for Alejandro Gil Ortiz report?
How many FMX BD Units does Alejandro Gil Ortiz hold directly and indirectly?
What is a BD Unit in the FMX Form 3 for Alejandro Gil Ortiz?
How are FMX BD Units represented by ADRs in this Form 3 filing?
What is the role of the employee trust in Alejandro Gil Ortiz’s FMX holdings?
Does the FMX Form 3 for Alejandro Gil Ortiz show any recent buying or selling?
AI-generated analysis. How Rhea-AI works. Not financial advice.