Pacific Airport Group (GPAEF) SEC Filings

Pacific Airport Group’s Series B shares are the subject of BlackRock, Inc.’s amended beneficial-ownership report. BlackRock reported beneficial ownership of 58,643,166 shares, or 11.3% of the class. It reported sole voting power over 57,312,410 shares and sole dispositive power over 58,643,166 shares, with no shared voting or dispositive power. Various persons have rights to receive or direct dividends or sale proceeds, but no one person’s interest exceeds 5% of the outstanding Series B shares. Spencer Fleming, Managing Director, signed the amendment.

Pacific Airport Group (PAC) reported 3Q26 total revenue of Ps. 11,667.8 million, up 21.8% year over year, and net income of Ps. 2,914.1 million, up 8.1%. EBITDA rose 19.2% to Ps. 6,064.6 million; EBITDA margin excluding IFRIC 12 was 67.8%, versus 64.3%. Total terminal passengers across 14 airports declined 1.4% to 15,437,800.

Results include Cross Border Xpress (CBX) from May 1, 2026, following the business combination that gave GAP full ownership. CBX generated Ps. 775.5 million of 3Q26 revenue. Revenue from improvements to concession assets recognized under IFRIC 12 was Ps. 2,720.7 million; this recognition has no cash impact or impact on operating results. Net cash provided by operating activities was Ps. 5,499.1 million, up 29.0%. Financial results reflected a net expense of Ps. 1,043.1 million. The fair values of acquired assets and assumed liabilities remain preliminary and subject to adjustment.

Grupo Aeroportuario del Pacífico reports a management change in its investor relations area. Alejandra Soto will step down as Investor Relations and Social Responsibility Officer effective August 7, 2026, after more than 18 years with the company. The company expresses appreciation for her long service.

Following her departure, Chief Financial Officer Saúl Villarreal will assume responsibility for the Investor Relations function, and GAP provides updated contact details for Villarreal and Investor Relations representative Gisela Murillo. GAP reiterates that it operates 12 airports in Mexico’s Pacific region and manages airport concessions in Montego Bay and Kingston, Jamaica, and highlights its whistleblower program established under the Sarbanes-Oxley Act and Mexico’s Ley del Mercado de Valores.

Grupo Aeroportuario del Pacífico reported that total terminal passenger traffic in July 2026 increased 1.2% year over year to 5,906.0 thousand passengers. The 12 Mexican airports recorded a 3.9% increase, with Guadalajara up 13.2% and Tijuana up 7.2%, while Puerto Vallarta and Los Cabos declined 12.1% and 6.9%, respectively. In Jamaica, Kingston traffic rose 2.9%, whereas Montego Bay fell 26.6%.

Domestic terminal passengers reached 3,533.0 thousand, a 6.1% increase, while international passengers declined to 2,372.9 thousand, down 5.3%. For January–July 2026, total passengers were 36,260.9 thousand, a 4.5% decrease versus the same period of 2025. Available seats grew 0.7%, and load factors improved from 84.8% to 85.2%. CBX users at Tijuana increased 13.4% to 421.6 thousand.

New routes launched in the month included Guanajuato–Santa Lucia and Hermosillo–Santa Lucia operated by Mexicana, Manzanillo–Santa Lucia operated by Viva, and Montego Bay–Guadeloupe operated by Liat, expanding connectivity in both Mexico and the Caribbean.

BlackRock, Inc. reports its beneficial ownership of common stock of PACIFIC AIRPORT GROUP in an amended Schedule 13G. BlackRock and certain reporting business units collectively beneficially own 56,964,040 shares, representing 13.3% of the outstanding common stock.

BlackRock has sole voting power over 55,900,582 shares and sole dispositive power over all 56,964,040 shares, with no shared voting or dispositive power. Various underlying clients and investors may receive dividends or sale proceeds, but no single such person holds more than 5% of the issuer’s total outstanding common shares.

Pacific Airport Group director Gerard Rivero Jeronimo Marcos filed an initial statement of beneficial ownership. The filing reports 290 Series B Shares of the company held indirectly through GR Infraestructura SAPI SA de CV, clarifying his starting equity position as a board member.

Pacific Airport Group director Ramirez Garcia Roberto Angel filed a Form 3, which is an initial statement of beneficial ownership for company insiders. This filing establishes his status as a director but does not show any buy, sell, or other share transactions in the provided data.

Laura Diez-Barroso Azcarraga reports beneficial ownership of 59,495,869 shares, or 10.9% of Pacific Airport Group’s Series B shares, assuming conversion of her Series BB shares. This percentage is based on 519,226,576 Series B shares outstanding as of May 7, 2026.

Her position stems from a merger in which several related airport entities were combined into the issuer. In that transaction, she received 19,438,479 Series B shares and 25,263,873 Series BB shares for no cash consideration. All merger recipients face a 365-day lock-up, with partial release after 90 and 180 days.

Eduardo Sanchez Navarro has filed a Schedule 13D reporting beneficial ownership of 35,838,774 shares of Pacific Airport Group Series B stock, representing approximately 6.7% of the class, assuming conversion of associated Series BB shares. His position consists of 23,206,837 Series B shares and 12,631,937 Series BB shares held through a Mexican trust he may be deemed to control.

The stake arose from a merger in which several airport entities were combined into Grupo Aeroportuario del Pacifico, with new Series B and Series BB shares issued to former owners. These merger shares are subject to a 365‑day lock-up, with partial release allowing up to 25% to be sold after 90 days and an additional 25% after 180 days. Navarro indicates he may buy more, sell, or otherwise adjust his investment over time and may engage with management and the board on the issuer’s business and strategy.