FMX director reports major B and BD unit holdings
Mexican Economic Development Inc. director Paulina Garza Laguera Gonda has filed an initial Form 3 detailing her beneficial holdings of FMX units.
Rhea-AI Filing Summary
Mexican Economic Development Inc. director Paulina Garza Laguera Gonda has filed an initial Form 3 detailing her beneficial holdings of FMX units. The filing reports 1,384,426,997 B Units held indirectly through a Voting Trust, 38,000 B Units held directly, and additional B and BD Units held through joint and direct accounts. Footnotes explain that the units are bundled share packages, include ADR structures, and that she disclaims beneficial ownership beyond her pecuniary interest in the various trusts and joint accounts.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
garza laguera gonda paulina
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | B 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 — 38,000 shares (Direct);
BD Units — 13,127,400 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 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 FMX director Paulina Garza Laguera Gonda report on her Form 3?
She reports initial beneficial ownership of FMX units. This includes 1,384,426,997 B Units held through a Voting Trust, plus direct and joint holdings of B and BD Units, reflecting her economic and voting interests as a new reporting insider.
How many FMX B Units are held through the Voting Trust on this Form 3?
The Form 3 shows 1,384,426,997 B Units held indirectly via a Voting Trust. She is an indirect trust participant with shared voting power and disclaims pecuniary interest beyond securities she contributed directly or indirectly to the trust.
What direct B Unit holdings does the FMX director report?
She reports 38,000 B Units held directly in her own name. In addition, joint accounts hold further B Units, including 7,600 B Units attributable to her within one joint account, where she disclaims beneficial ownership except for her pecuniary interest.
What BD Unit holdings are disclosed in the FMX Form 3?
The filing lists 13,127,400 BD Units held directly and 2,665,480 BD Units in a joint account. BD Units are bundles of one Series B Share, two Series D-B Shares and two Series D-L Shares, and some positions are also represented by ADRs.
How are FMX ADRs and BD Units structured in this filing?
Certain securities are held as American Depositary Shares evidenced by ADRs. Each ADR represents 10 BD Units, and each BD Unit consists of one Series B Share, two Series D-B Shares and two Series D-L Shares, all without par value.
Does the FMX director fully own all B Units in the joint accounts?
No, she reports partial economic interests in joint accounts. One footnote states she indirectly owns 20% of the B Units in a joint account via a trust, and she disclaims beneficial ownership beyond her pecuniary interest in those units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
