Mexican Economic Development (NYSE: FMX) executive reports unit holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Mexican Economic Development Inc executive Gerardo Estrada Attolini has filed an initial Form 3 reporting his ownership of the company’s unit securities. He directly holds 500 B Units and 439,163 BD Units. He also has an indirect interest in 77,879 BD Units held for his benefit by an employee trust controlled by Fomento Economico Mexicano, S.A.B. de C.V.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Estrada Attolini Gerardo
Role
Director of Corporate Control
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | B Units | -- | -- | -- |
| holding | BD Units | -- | -- | -- |
| holding | BD Units | -- | -- | -- |
Holdings After Transaction:
B Units — 500 shares (Direct);
BD Units — 439,163 shares (Direct);
BD Units — 77,879 shares (Indirect, By Employee 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"). 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 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
What does Gerardo Estrada Attolini’s Form 3 show for FMX?
The Form 3 shows his initial reported holdings in unit securities of Mexican Economic Development Inc (FMX). It lists both direct and indirect ownership in B Units and BD Units, establishing his baseline beneficial ownership as an officer of the company.
How many B Units does the FMX executive directly hold?
The executive directly holds 500 B Units. Each B Unit consists of five Series B Shares without par value, so the filing reflects his exposure through this bundled security structure rather than reporting the underlying Series B Shares separately.
What BD Unit holdings are reported for FMX’s officer?
He directly holds 439,163 BD Units. Each BD Unit contains one Series B Share, two Series D-B Shares and two Series D-L Shares, all without par value, giving him a significant position across multiple share series through these combined units.
What indirect FMX holdings does the Employee Trust hold?
The filing reports 77,879 BD Units held indirectly for his benefit by an Employee Trust. The trust is controlled by Fomento Economico Mexicano, S.A.B. de C.V., and he participates as a trust beneficiary, giving him an indirect economic interest in those units.
Does the Form 3 for FMX indicate any recent insider buying or selling?
No specific insider buying or selling is indicated. The entries are labeled as holdings with unknown transaction codes, consistent with an initial Form 3 that establishes existing ownership positions rather than recording new market transactions or option exercises.
What is the role of Gerardo Estrada Attolini at Mexican Economic Development Inc?
He is reported as an officer of Mexican Economic Development Inc with the title Director of Corporate Control. This senior role typically involves oversight of internal controls and financial governance, making disclosure of his equity interests important for transparency.