COCA COLA FEMSA (KOF) officer discloses 74,134 BL Units via Employee Trust
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
COCA COLA FEMSA SAB DE CV executive reports initial indirect holdings. Aitor Ocejo Zubizarreta, Chief Operating Latin America, has reported indirect ownership of 74,134 BL Units. These Units are held for his benefit by an Employee Trust controlled by Fomento Economico Mexicano, S.A.B. de C.V.
Each BL Unit consists of three Series B shares and five Series L shares. This Form 3 filing records his existing position rather than a new purchase or sale and reflects holdings through Banco Mercantil del Norte’s Trust No. 204124, where he is a trust participant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ocejo Zubizarreta Aitor
Role
Chief Operating Latin America
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | BL Unit | -- | -- | -- |
Holdings After Transaction:
BL Unit — 74,134 shares (Indirect, By Employee Trust)
Footnotes (1)
- The securities reported herein are held in the form of Units. Each Unit consists of three Series B Shares and five Series L Shares (a Unit). 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.
FAQ
What does the Form 3 filing for COCA COLA FEMSA (KOF) report for Aitor Ocejo Zubizarreta?
The Form 3 reports Aitor Ocejo Zubizarreta’s existing indirect ownership of 74,134 BL Units in COCA COLA FEMSA. These Units are held for his benefit in an Employee Trust, reflecting his starting beneficial position as an officer rather than a new transaction.
How are the BL Units held for Aitor Ocejo Zubizarreta in COCA COLA FEMSA (KOF)?
The 74,134 BL Units are held by Banco Mercantil del Norte, S.A., Trust No. 204124, known as the Employee Trust. This trust is controlled by Fomento Economico Mexicano, S.A.B. de C.V., with Zubizarreta participating as a trust beneficiary rather than holding the Units directly.
What is the structure of a BL Unit reported in the KOF Form 3 filing?
Each BL Unit consists of three Series B shares and five Series L shares of COCA COLA FEMSA. The filing clarifies that the reported securities are in Unit form, helping investors understand that each Unit represents a bundle of both Series B and Series L shares together.
Does the COCA COLA FEMSA (KOF) Form 3 show a new buy or sell by Aitor Ocejo Zubizarreta?
The Form 3 does not show a new buy or sell; it records existing indirect holdings. It lists 74,134 BL Units held via an Employee Trust, reflecting his beneficial ownership position as of the reporting date, rather than a market transaction changing that position.
What role does Aitor Ocejo Zubizarreta hold at COCA COLA FEMSA (KOF) in this Form 3?
In this Form 3, Aitor Ocejo Zubizarreta is identified as an officer with the title Chief Operating Latin America. The filing links his executive role to his indirect beneficial ownership of BL Units, providing transparency into equity interests associated with his management position.