Mexican Economic Development director reports trust holdings

Mexican Economic Development Inc. director Michel Gonzalez Maximino Jose filed an initial Form 3 reporting indirect holdings of the company’s securities.

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Form Type

Rhea-AI Filing Summary

Mexican Economic Development Inc. director Michel Gonzalez Maximino Jose filed an initial Form 3 reporting indirect holdings of the company’s securities. The filing lists 1,384,426,997 B Units held through a voting trust and 5,635,016 BD Units held through a separate trust for his benefit and family members. Footnotes explain that each B Unit and BD Unit represents underlying Series B and Series D shares, and that his economic interest is limited to securities he has contributed directly or indirectly to the voting trust.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Michel Gonzalez Maximino 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 — 5,635,016 shares (Indirect, By Trust)

Footnotes (4)

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 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).
F4. 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.

FAQ

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

What does the FMX Form 3 filed by Michel Gonzalez report?

The Form 3 reports director Michel Gonzalez’s indirect holdings of Mexican Economic Development Inc. securities. It shows large positions in B Units and BD Units held through trusts, providing a baseline of his beneficial ownership under Section 16 reporting rules.

How many B Units in FMX are reported on this Form 3?

The filing reports 1,384,426,997 B Units held indirectly via a voting trust. Each B Unit represents five Series B shares without par value, so these units convey exposure to a substantial pool of underlying Series B equity.

How many BD Units in FMX are reported on this Form 3?

The Form 3 lists 5,635,016 BD Units held indirectly through a trust. Each BD Unit consists of one Series B share, two Series D-B shares, and two Series D-L shares, all without par value, giving a mixed exposure to multiple share series.

Are these FMX holdings on the Form 3 direct or indirect?

All reported holdings are indirect. The B Units are held by an irrevocable voting trust where he is an indirect participant, while the BD Units are held in a separate trust for his benefit along with other family members, as described in the footnotes.

Does the FMX Form 3 reflect a new buy or sell transaction?

The Form 3 does not show any buy or sell transaction; it is an initial ownership report. The entries are classified as holdings, with transaction codes absent and no reported changes in share counts from purchases or sales.

What ownership disclaimer does Michel Gonzalez make in the FMX filing?

He disclaims pecuniary interest in securities held by the voting trust except for those he contributed directly or indirectly. The footnote states the report should not be deemed an admission that he is the beneficial owner of all trust-held securities for Section 16 or other purposes.

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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^*

Michel Gonzalez Maximino 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	5,635,016⁽³⁾	I	By Trust⁽⁴⁾

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 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.

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).

4. 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.

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