Mexican Economic Development insider sells 13,936 units
The Director of Corporate Control also reported 500 B Units directly and 77,879 BD Units held for his benefit through an employee trust.
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Rhea-AI Filing Summary
FMX Director of Corporate Control Attolini Gerardo Estrada reported a sale of 13,936 BD Units on November 6, 2026, at $12.8885 per unit. He directly held 425,227 BD Units and 500 B Units after the transaction. A further 77,879 BD Units were held for his benefit by Banco Mercantil del Norte, S.A., Institucion de Banca Multiple, Grupo Financiero Banorte, Trust No. 204124, which is controlled by Fomento Economico Mexicano, S.A.B. de C.V. The transaction was carried out in Mexican pesos; the Form 4 used MXN 18.7655 per USD $1.00. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | BD Units F1, F2 | 13,936 | $12.8885 | $180K |
| Holding | B Units F3 | -- | -- | -- |
| Holding | BD Units F1, F4 | -- | -- | -- |
Footnotes (4)
- 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).
- 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.
- F3. 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").
- F4. 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.
Key Figures
Key Terms
BD Units technical
B Units technical
Employee Trust technical
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