FMX director reports B and BD unit holdings
Mexican Economic Development Inc. director Mariana Garza Laguera Gonda has filed an initial Form 3 reporting her ownership of B Units and BD Units in the company.
Rhea-AI Filing Summary
Mexican Economic Development Inc. director Mariana Garza Laguera Gonda has filed an initial Form 3 reporting her ownership of B Units and BD Units in the company. The filing shows large indirect holdings of B Units through a voting trust, as well as additional B Units and BD Units held directly and through joint accounts and a spouse.
Each B Unit consists of five Series B Shares without par value. BD Units consist of one Series B Share, two Series D-B Shares and two Series D-L Shares, and some BD holdings are represented by American Depositary Shares, with each ADS representing 10 BD Units. The filing describes several positions where she disclaims beneficial ownership beyond her pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
garza laguera gonda mariana
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | B Units | -- | -- | -- |
| holding | B Units | -- | -- | -- |
| holding | BD Units | -- | -- | -- |
| holding | BD Units | -- | -- | -- |
| holding | B Units | -- | -- | -- |
| holding | BD Units | -- | -- | -- |
| holding | BD Units | -- | -- | -- |
Holdings After Transaction:
B Units — 1,384,426,997 shares (Indirect, By Voting Trust);
B Units — 38,000 shares (Direct);
BD Units — 13,277,400 shares (Direct);
B Units — 24,512 shares (Indirect, By Joint Account);
BD Units — 4 shares (Indirect, By Joint Account);
BD Units — 14,000 shares (Indirect, By Spouse)
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 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.
- F5. 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).
- 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 filed by Mariana Garza Laguera Gonda report?
The Form 3 reports Mariana Garza Laguera Gonda’s initial ownership of FMX B Units and BD Units. It details large indirect holdings via a voting trust and additional direct and indirect positions, establishing her baseline beneficial ownership for Section 16 reporting purposes.
How many B Units does the FMX director report through the voting trust?
The filing shows 1,384,426,997 B Units held indirectly through a voting trust. These securities are deposited in an irrevocable voting trust where each participant has shared voting power, and the reporting person disclaims pecuniary interest except for securities she contributed.
What are FMX B Units and how are they structured?
B Units reported in the filing each consist of five Series B Shares without par value. This structure means every B Unit represents a bundle of five underlying Series B Shares, which are the basic equity securities referenced in the director’s indirect and joint holdings.
What direct holdings of FMX BD Units does the director report?
The Form 3 shows direct ownership of 13,127,400 BD Units and an additional 150,000 BD Units. These positions are separate from indirect BD Units held through joint accounts or a spouse and help establish the director’s direct equity exposure to the company’s BD Unit structure.
How does the FMX director describe beneficial ownership for joint and trust accounts?
For voting trust and joint account holdings, the director disclaims beneficial ownership except to the extent of her pecuniary interest. She notes shared voting power in the voting trust and specific portions of B and BD Units owned within joint accounts and a trust where she is a beneficiary.
AI-generated analysis. How Rhea-AI works. Not financial advice.
