Mexican Economic Development counsel sells 12,000 units

An Employee Trust held 50,359 BD Units for the General Counsel’s benefit, separately from his reported direct sales.

Available on EDGAR 11/10/2026 - 09:30 AM EST Accepted by SEC EDGAR 11/10/2026 - 09:30 AM EST Learn about SEC filing dates

Rhea-AI Filing Summary

FMX General Counsel Ortiz Alejandro Gil reported two direct sales of BD Units on November 6, 2026: 12,000 at $12.7254 each and 1,000 at $12.7894 each. The transactions were carried out in Mexican pesos, using a conversion rate of MXN 18.7655 per U.S. dollar.

The filing also lists 50,359 BD Units held for his benefit through the Employee Trust.

Insider Trade Summary

Net Seller: 13,000 shares

Net Sell 2 txns

Insider Gil Ortiz Alejandro

Role General Counsel

Sold 13,000 shs ($165K)

Type	Security	Shares	Price	Value
Sale	BD Units F1, F2	12,000	$12.7254	$153K
Sale	BD Units F1, F2	1,000	$12.7894	$13K
Holding	BD Units F1, F3	--	--	--
Holding	BD Units F4	--	--	--

Holdings After Transaction: BD Units — 43,626 units (Direct); BD Units — 50,359 units (Indirect, By Employee Trust)

Footnotes (4)

1. F1. 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).
2. F2. This transaction was carried out in Mexican pesos. For purposes of this Form 4, a conversion rate of MXN 18.7655 for each USD $1.00 was used.
3. F3. These securities are held for the benefit of the reporting person by Banco Mercantil del Norte, S.A., Institucion de Banca Multiple, Grupo Financiero Banorte, Trust No. 204124 (the "Employee Trust"), a trust controlled by Fomento Economico Mexicano, S.A.B. de C.V. in which the reporting person is a trust participant.
4. F4. 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).

Key Figures

BD Units sold: 12,000 BD Units Price per BD Unit: $12.7254 BD Units sold: 1,000 BD Units +3 more

6 metrics

BD Units sold 12,000 BD Units Direct sale on November 6, 2026; reported price was $12.7254 per BD Unit.

Price per BD Unit $12.7254 For the sale of 12,000 BD Units on November 6, 2026.

BD Units sold 1,000 BD Units Direct sale on November 6, 2026; reported price was $12.7894 per BD Unit.

Price per BD Unit $12.7894 For the sale of 1,000 BD Units on November 6, 2026.

BD Units held through Employee Trust 50,359 BD Units Held for the reporting person’s benefit.

Currency conversion rate MXN 18.7655 per USD $1.00 Rate used for the transactions reported in Mexican pesos.

Key Terms

BD Unit, American Depositary Shares, conversion rate

3 terms

BD Unit technical

"Each BD Unit consists of one Series B Share, two Series D-B Shares and two Series D-L Shares"

American Depositary Shares technical

"securities reported herein are held in the form of American Depositary Shares"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

conversion rate financial

"a conversion rate of MXN 18.7655 for each USD $1.00"

Conversion rate is the proportion of items, people or contracts that take a desired action out of the total possible — for example the share of website visitors who make a purchase, or the number of convertible bonds that are exchanged for shares. Investors care because it measures how effectively a business or financial instrument turns opportunity into real outcomes, like sales or share issuance, which directly affects revenue, cash flow and ownership dilution.

FAQ

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

How many FMX BD Units did General Counsel Ortiz Alejandro Gil sell?

On November 6, 2026, General Counsel Ortiz Alejandro Gil reported two direct sales: 12,000 BD Units at $12.7254 each and 1,000 BD Units at $12.7894 each. The transactions were carried out in Mexican pesos, using MXN 18.7655 per U.S. dollar for conversion.

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

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SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gil Ortiz Alejandro

(Last) (First) (Middle)

AVENIDA GENERAL AYALA 601

BELLA VISTA

(Street)

MONTERREY NUEVO LEON 64410

(City) (State) (Zip)

MEXICO

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/06/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
BD Units	11/06/2026		S		12,000(1)	D	$12.7254(2)	44,506(1)	D
BD Units	11/06/2026		S		1,000(1)	D	$12.7894(2)	43,506(1)	D
BD Units								50,359(1)	I	By Employee Trust(3)
BD Units								120(4)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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).

2. This transaction was carried out in Mexican pesos. For purposes of this Form 4, a conversion rate of MXN 18.7655 for each USD $1.00 was used.

3. These securities are held for the benefit of the reporting person by Banco Mercantil del Norte, S.A., Institucion de Banca Multiple, Grupo Financiero Banorte, Trust No. 204124 (the "Employee Trust"), a trust controlled by Fomento Economico Mexicano, S.A.B. de C.V. in which the reporting person is a trust participant.

4. 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).

Remarks:

	Alejandro Gil Ortiz	11/09/2026
	** 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 4 (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 4: SEC 1474 (03-26)