Coca-Cola FEMSA (NYSE: KOF) officer discloses trust-held BL units
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Coca Cola FEMSA SAB de CV officer Manuel Felipe Rodriguez Chavez has filed an initial Form 3 reporting his indirect holdings in the company. He is listed as an officer responsible for Technical and Supply Chain.
The filing shows he indirectly holds a total of 15,814 BL Units, with ownership reported as "By Employee Trust." Each BL Unit consists of three Series B Shares and five Series L Shares. These securities are held for his benefit by an Employee Trust administered by Banco Mercantil del Norte under Trust No. 204124 and controlled by Fomento Economico Mexicano, S.A.B. de C.V., in which he is a trust participant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rodriguez Chavez Manuel Felipe
Role
Technical and Supply Chain
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | BL Unit | -- | -- | -- |
Holdings After Transaction:
BL Unit — 15,814 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 Coca Cola FEMSA (KOF) Form 3 filing by Manuel Felipe Rodriguez Chavez report?
The Form 3 reports Manuel Felipe Rodriguez Chavez’s initial beneficial ownership in Coca Cola FEMSA. As a Technical and Supply Chain officer, he is shown holding 15,814 BL Units indirectly through an Employee Trust for his benefit.
How many BL Units does Manuel Felipe Rodriguez Chavez indirectly hold in Coca Cola FEMSA (KOF)?
He indirectly holds 15,814 BL Units. These units represent his beneficial interest in Coca Cola FEMSA and are reported as being held by an Employee Trust, rather than in a direct brokerage or personal account under his own name.
What is a BL Unit in the Coca Cola FEMSA (KOF) Form 3 filing?
Each BL Unit consists of three Series B Shares and five Series L Shares of Coca Cola FEMSA. The filing explains that the securities reported are held in this unitized form, so ownership is tracked and disclosed at the Unit level rather than individual share level.
How are Manuel Felipe Rodriguez Chavez’s Coca Cola FEMSA (KOF) securities held according to the Form 3?
The securities are held for his benefit by Banco Mercantil del Norte, Trust No. 204124, described as the Employee Trust. This trust is controlled by Fomento Economico Mexicano, S.A.B. de C.V., where he participates as a trust beneficiary.