Mexican Economic Development director reports unit holdings

Q: What does the FMX Form 3 filing by Francisco Jose Calderon Rojas report?

The Form 3 reports initial beneficial ownership in Mexican Economic Development Inc. It shows large indirect holdings of B Units via a Voting Trust and smaller direct holdings of BD Units, establishing the director’s baseline ownership for future SEC reporting.

Q: How many B Units does the FMX director report in the Voting Trust?

The director reports 1,384,426,997 B Units held indirectly through a Voting Trust. Each B Unit represents five Series B Shares, so this position reflects substantial exposure, with shared voting power among trust participants under the irrevocable trust structure.

Q: What are BD Units in the FMX Form 3 filing?

BD Units are composite securities made up of one Series B Share, two Series D-B Shares and two Series D-L Shares. The filing notes 21,787 BD Units held directly, all without par value, outlining the director’s direct multi-class equity exposure.

Q: How much does the FMX director hold directly versus indirectly?

The director reports indirect holdings of 1,384,426,997 B Units through a Voting Trust and direct holdings of 21,787 BD Units. This distinction clarifies where voting and economic interests sit between trust-held and personally held securities.

Q: What is the role of the Voting Trust in the FMX ownership structure?

The Voting Trust is an irrevocable trust holding B Units, where participants share voting power over deposited securities. The director is a trust participant and disclaims pecuniary interests beyond securities he contributed directly or indirectly to the trust structure.

Q: Does the FMX Form 3 indicate new insider buying or selling activity?

The Form 3 does not show new trades; it records existing positions. Both entries are characterized as holdings, establishing baseline ownership rather than reporting open-market purchases, sales, option exercises, gifts, or other transactional activity.

Mexican Economic Development Inc. director Francisco Jose Calderon Rojas has filed an initial Form 3 reporting existing holdings in company units.

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Filing Sentiment

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Form Type

Rhea-AI Filing Summary

Mexican Economic Development Inc. director Francisco Jose Calderon Rojas has filed an initial Form 3 reporting existing holdings in company units. The filing shows indirect ownership of 1,384,426,997 B Units through a Voting Trust and direct ownership of 21,787 BD Units. Each B Unit represents five Series B Shares, while each BD Unit consists of one Series B Share, two Series D-B Shares and two Series D-L Shares, all without par value. The Voting Trust is an irrevocable trust where participants share voting power, and the reporting person disclaims pecuniary interests beyond securities he has contributed directly or indirectly to the trust.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Calderon Rojas Francisco Jose

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 — 21,787 shares (Direct)

Footnotes (3)

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 a 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 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).

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the FMX Form 3 filing by Francisco Jose Calderon Rojas report?

The Form 3 reports initial beneficial ownership in Mexican Economic Development Inc. It shows large indirect holdings of B Units via a Voting Trust and smaller direct holdings of BD Units, establishing the director’s baseline ownership for future SEC reporting.

How many B Units does the FMX director report in the Voting Trust?

The director reports 1,384,426,997 B Units held indirectly through a Voting Trust. Each B Unit represents five Series B Shares, so this position reflects substantial exposure, with shared voting power among trust participants under the irrevocable trust structure.

What are BD Units in the FMX Form 3 filing?

BD Units are composite securities made up of one Series B Share, two Series D-B Shares and two Series D-L Shares. The filing notes 21,787 BD Units held directly, all without par value, outlining the director’s direct multi-class equity exposure.

How much does the FMX director hold directly versus indirectly?

The director reports indirect holdings of 1,384,426,997 B Units through a Voting Trust and direct holdings of 21,787 BD Units. This distinction clarifies where voting and economic interests sit between trust-held and personally held securities.

What is the role of the Voting Trust in the FMX ownership structure?

The Voting Trust is an irrevocable trust holding B Units, where participants share voting power over deposited securities. The director is a trust participant and disclaims pecuniary interests beyond securities he contributed directly or indirectly to the trust structure.

Does the FMX Form 3 indicate new insider buying or selling activity?

The Form 3 does not show new trades; it records existing positions. Both entries are characterized as holdings, establishing baseline ownership rather than reporting open-market purchases, sales, option exercises, gifts, or other transactional activity.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/18/2026 - 07:20 PM

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Calderon Rojas Francisco Jose

(Last)

(First)

(Middle)

AVENIDA GENERAL AYALA 601

BELLA VISTA

(Street)

MONTERREY

NUEVO LEON

64410

(City)

(State)

(Zip)

MEXICO

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
MEXICAN ECONOMIC DEVELOPMENT INC [ FMX ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
B Units	1,384,426,997⁽¹⁾	I	By Voting Trust⁽²⁾
BD Units	21,787⁽³⁾	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)

Explanation of Responses:

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").

2. 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 a 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.

3. 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).

Remarks:

Exhibit 24 - Power of Attorney

	Sergio Rodriguez Perez, Attorney in Fact	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR