Mexican Economic Development director files Form 3
Mexican Economic Development Inc. director Eva Maria Garza Lagüera Gonda filed a Form 3 reporting her beneficial holdings in B Units and BD Units of the company.
Rhea-AI Filing Summary
Mexican Economic Development Inc. director Eva Maria Garza Lagüera Gonda filed a Form 3 reporting her beneficial holdings in B Units and BD Units of the company. This filing does not show any new purchases or sales; it establishes her position as she became a reporting insider.
A Voting Trust holds 1,384,426,997 B Units in which she is an indirect trust participant with shared voting power and a limited pecuniary interest. She also reports direct holdings of 38,000 B Units, 6,900 B Units, 13,127,400 BD Units and 70,000 BD Units, plus smaller indirect positions in joint accounts of 24,512 B Units and 4 BD Units, where she again disclaims beneficial ownership beyond her economic interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
garza laguera gonda eva maria
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | B Units | -- | -- | -- |
| holding | B Units | -- | -- | -- |
| holding | BD Units | -- | -- | -- |
| holding | B Units | -- | -- | -- |
| holding | BD Units | -- | -- | -- |
| holding | BD Units | -- | -- | -- |
| holding | B Units | -- | -- | -- |
Holdings After Transaction:
B Units — 1,384,426,997 shares (Indirect, By Voting Trust);
B Units — 44,900 shares (Direct);
BD Units — 13,197,400 shares (Direct);
BD Units — 4 shares (Indirect, By Joint Account);
B Units — 24,512 shares (Indirect, By Joint Account)
Footnotes (7)
- F1. 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").
- F2. 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.
- F3. The securities reported herein are held in a joint account by the reporting person and family members of the reporting person. The reporting person owns 7,600 B Units within this joint account. The reporting person disclaims beneficial ownership except to the extent of her pecuniary interest.
- F4. 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).
- F5. The securities reported herein are held in a joint account by the reporting person and family members of the reporting person. The reporting person owns 2,665,480 BD Units, within this joint account. The reporting person disclaims beneficial ownership except to the extent of her pecuniary interest.
- F6. 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).
- F7. The securities reported herein are held in a joint account by the reporting person and family members of the reporting person. The reporting person indirectly owns 20% of the B Units within this joint account through BBVA Mexico, S.A., Institucion de Banca Multiple, Grupo Financiero BBVA Mexico, Trust No. F 404 797 3, for which she is the beneficiary. The reporting person disclaims beneficial ownership except to the extent of her pecuniary interest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the FMX Form 3 filing by Eva Maria Garza Lagüera Gonda report?
It reports her existing beneficial holdings in B Units and BD Units of Mexican Economic Development Inc. The filing is an initial ownership statement, not a record of new share purchases or sales, and details both direct and indirect positions with related ownership disclaimers.
How many B Units are held through the Voting Trust in the FMX Form 3?
The Form 3 shows 1,384,426,997 B Units held by a Voting Trust in which she is an indirect trust participant. She has shared voting power over these securities but disclaims pecuniary interest except for units she contributed directly or indirectly to the trust.
What direct holdings does Eva Maria Garza Lagüera Gonda report in FMX BD Units?
She reports direct ownership of 13,127,400 BD Units and 70,000 BD Units. The filing explains that each BD Unit consists of one Series B Share, two Series D-B Shares and two Series D-L Shares, all without par value, providing clarity on the underlying capital structure.
How are joint account holdings treated in the FMX Form 3 filing?
Joint account positions include 24,512 B Units and 4 BD Units, plus separate references in footnotes to larger joint holdings. She disclaims beneficial ownership in these joint accounts except to the extent of her pecuniary interest, reflecting that family members also share in these units.
Does the FMX Form 3 indicate any insider buying or selling activity?
No. The Form 3 lists holdings as of the reporting date but shows no transaction codes for purchases or sales. It is an initial statement of beneficial ownership, with all entries classified as holdings rather than new trades in the company’s securities.
How are American Depositary Receipts described in the FMX Form 3 footnotes?
The filing notes that some securities are held as American Depositary Shares represented by ADRs. Each ADR corresponds to 10 BD Units, and each BD Unit itself represents a bundle of one Series B Share, two Series D-B Shares and two Series D-L Shares, all without par value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
