Pacific Airport Group director files initial holdings

Pacific Airport Group director Laura Diez-Barroso Azcárraga filed an initial ownership report detailing her equity interests.

Rhea-AI Filing Summary

Pacific Airport Group director Laura Diez-Barroso Azcárraga filed an initial ownership report detailing her equity interests. The filing shows direct ownership of 14,793,517 Series B shares and additional indirect holdings of 21,628,281 Series B shares through AMP.

She is also associated indirectly with Series BB shares of AMP that are convertible into 75,791,619 Series B shares at an exercise price of 0.0000 per share. According to the footnotes, these AMP-held securities are owned through a multi-entity corporate structure, and she may be deemed to beneficially own them through her control of PAP while disclaiming beneficial ownership beyond her pecuniary interest.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Diez-Barroso Azcarraga Laura

Role Director

Type	Security	Shares	Price	Value
holding	Series BB Shares	--	--	--
holding	Series B Shares	--	--	--
holding	Series B Shares	--	--	--

Holdings After Transaction: Series BB Shares — 75,791,619 contracts (Indirect, By AMP); Series B Shares — 14,793,517 shares (Direct); Series B Shares — 21,628,281 shares (Indirect, By AMP)

Footnotes (2)

1. F1. These securities are owned directly by Aeropuertos Mexicanos del Pacifico, S.A.P.I. de C.V. ("AMP"), which is owned 66.6% by Controladora Mexicana de Aeropuertos, S.A. de C.V., which is owned 50% by Promotora Aeronautica del Pacifico, S.A. de C.V. ("PAP"). Through her control of PAP, the reporting person may be deemed to beneficially own the securities directly owned by AMP. The reporting person disclaims beneficial ownership of these securities, except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that she is the beneficial owner of such securities for purposes of Section 16(a) of the Securities Exchange Act of 1934 (the "Act") or for any other purpose.
2. F2. The Series BB shares are subject to transfer restrictions under the bylaws of the issuer and generally must be converted to Series B shares before they can be transferred. The Series BB shares may be converted into Series B shares if (i) the Technical Assistance Agreement between AMP and the issuer has not been renewed and (ii) the Series BB shareholders so request. If the Series BB shares represent less than 7.65% of the issuer's share capital, those shares will be mandatorily converted into Series B shares.

FAQ

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

What does the Form 3 for Pacific Airport Group (GPAEF) disclose about Laura Diez-Barroso Azcárraga?

The Form 3 discloses Laura Diez-Barroso Azcárraga’s initial equity holdings in Pacific Airport Group. It reports substantial direct Series B share ownership and additional indirect holdings through AMP, establishing her baseline ownership position as a director under U.S. Section 16 reporting rules.

How many Pacific Airport Group Series B shares does Laura Diez-Barroso Azcárraga hold?

She is reported as directly holding 14,793,517 Series B shares of Pacific Airport Group. The filing also lists 21,628,281 additional Series B shares as indirectly owned through AMP, reflecting interests held via related corporate entities rather than in her own name.

What are the Series BB shares mentioned in the Pacific Airport Group (GPAEF) Form 3?

The filing lists Series BB shares held indirectly through AMP, which are linked to 75,791,619 underlying Series B shares at an exercise price of 0.0000. These Series BB shares are subject to transfer restrictions and generally must be converted into Series B shares before they can be transferred.

How is indirect ownership through AMP described in the Pacific Airport Group Form 3?

The Form 3 explains that securities are owned directly by AMP, which is held through several Mexican entities, including PAP. Through her control of PAP, Laura Diez-Barroso Azcárraga may be deemed to beneficially own AMP’s holdings, although she formally disclaims beneficial ownership beyond her pecuniary interest.

Are there any conditions on converting Series BB to Series B shares at Pacific Airport Group?

Yes. The footnotes state Series BB shares are generally subject to transfer restrictions and must be converted into Series B to be transferred. Conversion can occur if a technical assistance agreement is not renewed and shareholders request it, or mandatorily if Series BB falls below 7.65% of share capital.

Does the Pacific Airport Group (GPAEF) Form 3 show any insider buying or selling activity?

The Form 3 does not show any buy or sell transactions; it only reports existing holdings. All three entries are classified as holdings with unknown transaction codes, establishing Laura Diez-Barroso Azcárraga’s starting ownership rather than recording new market transactions.

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

Understanding Insider Trading Forms →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 03/18/2026 - 05:25 PM Learn about SEC filing dates

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Diez-Barroso Azcarraga Laura

(Last) (First) (Middle)

ANDRES BELLO 45, FLOOR 17

COLONIA POLANCO, CP

(Street)

MEXICO CITY 11550

(City) (State) (Zip)

MEXICO

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Pacific Airport Group [ PAC ]

3a. Foreign Trading Symbol

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

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

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

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Series B Shares	14,793,517	D
Series B Shares	21,628,281	I	By AMP(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Series BB Shares	(2)	(2)	Series B Shares	75,791,619	(2)	I	By AMP(1)

Explanation of Responses:

1. These securities are owned directly by Aeropuertos Mexicanos del Pacifico, S.A.P.I. de C.V. ("AMP"), which is owned 66.6% by Controladora Mexicana de Aeropuertos, S.A. de C.V., which is owned 50% by Promotora Aeronautica del Pacifico, S.A. de C.V. ("PAP"). Through her control of PAP, the reporting person may be deemed to beneficially own the securities directly owned by AMP. The reporting person disclaims beneficial ownership of these securities, except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that she is the beneficial owner of such securities for purposes of Section 16(a) of the Securities Exchange Act of 1934 (the "Act") or for any other purpose.

2. The Series BB shares are subject to transfer restrictions under the bylaws of the issuer and generally must be converted to Series B shares before they can be transferred. The Series BB shares may be converted into Series B shares if (i) the Technical Assistance Agreement between AMP and the issuer has not been renewed and (ii) the Series BB shareholders so request. If the Series BB shares represent less than 7.65% of the issuer's share capital, those shares will be mandatorily converted into Series B shares.

Remarks:

Due to the issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b) under the Act, the reporting person's transactions in the issuer's equity securities are exempt from Sections 16(b) and 16(c) of the Act. Exhibit 24 - Power of Attorney

	/s/ Santiago Riveroll, as Attorney-in-Fact for Laura Renee Diez Barroso Azcarraga	03/18/2026
	** 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 5 (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 3: SEC 1473 (03-26)