Trust holdings disclosed for Mexican Economic Development (NYSE: FMX) director
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Mexican Economic Development Inc. director Bertha Paula Michel González reports indirect holdings in FMX through two Banco Invex trusts. The filing lists B Units held in an irrevocable voting trust where she is an indirect participant with shared voting power and a disclaimer of pecuniary interest except for securities she contributed. It also reports BD Units held in another Banco Invex trust for her benefit and that of other family members, reflecting indirect trust-based exposure rather than direct share ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
michel gonzalez bertha paula
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | B Units | -- | -- | -- |
| holding | BD Units | -- | -- | -- |
Holdings After Transaction:
B Units — 1,384,426,997 shares (Indirect, By Voting Trust);
BD Units — 4,340,202 shares (Indirect, By Trust)
Footnotes (1)
- The securities reported herein are held in the form of B Units. Each B Unit consists of five Series B Shares, without par value ("Series B Shares"). These securities are held by Banco Invex, S.A. Institucion de Banca Multiple, Invex Grupo Financiero, Trust No. 463 (the "Voting Trust"), an irrevocable voting trust in which the reporting person is an indirect trust participant. Each of the trust participants is deemed to have beneficial ownership with shared voting power over the securities deposited in the Voting Trust. The reporting person hereby disclaims having any pecuniary interests derived from the beneficial ownership of any securities (with shared voting power and with shared dispositive power) other than pecuniary interests derived by the reporting person's securities contributed directly or indirectly to the Voting Trust, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. For more information, see Item 7 of Fomento Economico Mexicano, S.A.B. de C.V.'s Annual Report on Form 20-F filed on April 24, 2025. 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). These securities are held for the benefit of the reporting person by Banco Invex, S.A. Institucion de Banca Multiple, Invex Grupo Financiero, Trust No. 4165, a trust in which the reporting person is participant, along with other family members.