Mexican Economic Development Inc (FMX) director purchases 2,100 ADRs at $118.13
Rhea-AI Filing Summary
Mexican Economic Development Inc. director Michael David Kahn purchased ADRs of the company. On 2026-08-11 he bought 2,100 ADRs in an open-market or private transaction at $118.13 per ADR, resulting in direct holdings of 2,100 ADRs. The ADRs represent American Depositary Shares, with each ADR corresponding to 10 BD Units as described in the footnote. The transaction was reported without being designated as made pursuant to a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,100 shares
Net Buy
1 txn
Insider
KAHN MICHAEL DAVID
Role
Director
Bought
2,100 shs ($248K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | ADR F1 | 2,100 | $118.13 | $248K |
Holdings After Transaction:
ADR — 2,100 shares (Direct)
Footnotes (1)
- F1. 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
ADRs purchased: 2,100 ADRs
Purchase price per ADR: $118.13 per ADR
ADRs held after transaction: 2,100 ADRs
+1 more
4 metrics
ADRs purchased
2,100 ADRs
Non-derivative ADRs acquired on 2026-08-11
Purchase price per ADR
$118.13 per ADR
Price for the 2,100 ADRs bought on 2026-08-11
ADRs held after transaction
2,100 ADRs
Total direct non-derivative holdings following the purchase
ADR to BD Unit ratio
1 ADR = 10 BD Units
Footnote description of each ADR’s underlying units
Key Terms
American Depositary Shares, American Depositary Receipts (ADRs), BD Units
3 terms
American Depositary Receipts (ADRs) financial
"American Depositary Shares, evidenced by American Depositary Receipts (ADRs)"
American depositary receipts (ADRs) are certificates issued by a U.S. bank that represent ownership of shares in a foreign company, letting those shares trade on U.S. exchanges in U.S. dollars. Think of an ADR as a U.S. receipt for a foreign stock: it makes buying and selling simpler and subjects the investment to familiar U.S. trading rules, which matters to investors because it improves access and liquidity while still carrying risks like currency moves and different dividend handling.
BD Units financial
"Each ADR represents 10 BD Units. Each BD Unit consists of one Series B Share"
FAQ
What insider transaction did FMX director Michael David Kahn report?
Michael David Kahn reported purchasing 2,100 ADRs of Mexican Economic Development Inc. on 2026-08-11 in an open-market or private transaction, increasing his direct holdings to 2,100 ADRs.
At what price did Michael David Kahn buy FMX ADRs?
He bought the ADRs at a price of $118.13 per ADR. This per-share price applies to the 2,100 ADRs acquired in the reported open-market or private transaction on 2026-08-11.
How many FMX ADRs does Michael David Kahn hold after this transaction?
After the reported purchase, Michael David Kahn directly holds 2,100 ADRs of Mexican Economic Development Inc. These holdings reflect the total non-derivative ADR position reported following the 2026-08-11 transaction.
What does each FMX ADR represent according to the filing?
Each FMX 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, all without par value, as outlined in the transaction footnote.
Was the FMX insider purchase made under a Rule 10b5-1 trading plan?
The filing indicates the transaction was not designated as made pursuant to a Rule 10b5-1 trading plan. The document-level Rule 10b5-1 checkbox is unchecked for this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.