Mexican Economic Development (NYSE: FMX) director reports BD Unit stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Mexican Economic Development Inc. director Elane B Stock has filed an initial Form 3 reporting beneficial ownership in BD Units. The filing shows direct ownership of 21,250 BD Units, which are held through American Depositary Shares. Each ADR represents 10 BD Units composed of multiple underlying share series.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stock Elane B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | BD Units | -- | -- | -- |
Holdings After Transaction:
BD Units — 21,250 shares (Direct)
Footnotes (1)
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FAQ
What does the FMX Form 3 filed by Elane B Stock report?
It reports Elane B Stock’s initial beneficial ownership in BD Units of Mexican Economic Development Inc. The filing shows a direct position of 21,250 BD Units, establishing her baseline stake as a director without indicating any recent purchases or sales.
How many FMX BD Units does Elane B Stock beneficially own?
The Form 3 shows beneficial ownership of 21,250 BD Units. This figure represents her direct holdings after the reported event and serves as the starting point for tracking any future insider transactions or changes in her economic exposure to the company.
How are FMX BD Units represented through American Depositary Receipts (ADRs)?
The securities are held in the form of 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 with no par value.
Does the FMX Form 3 show any insider buying or selling activity?
No specific buy or sell transactions are identified in the data. The entry is categorized as a holding, indicating a reported ownership position rather than a new market purchase or sale, and provides a baseline for future Form 4 or Form 5 updates.
What type of security did the FMX director report owning on Form 3?
The director reported ownership of BD Units of Mexican Economic Development Inc. These BD Units are bundled securities made up of Series B, Series D-B, and Series D-L shares and are held via ADRs, which trade as American Depositary Shares in U.S. markets.