COCA COLA FEMSA (NYSE: KOF) officer discloses 30,138 BL Units via trust
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
COCA COLA FEMSA SAB DE CV executive Gabriel Coindreau Montemayor filed an initial ownership report as Strategic Planning Officer. The filing shows indirect ownership of 30,138 BL Units held for his benefit by an Employee Trust. Each Unit consists of three Series B shares and five Series L shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Coindreau Montemayor Gabriel
Role
Strategic Planning Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | BL Unit | -- | -- | -- |
Holdings After Transaction:
BL Unit — 30,138 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 for KOF executive Gabriel Coindreau report?
The Form 3 for COCA COLA FEMSA (KOF) reports Gabriel Coindreau’s initial beneficial ownership. It shows 30,138 BL Units held indirectly for his benefit through an Employee Trust, rather than any new purchase or sale of securities.
How many BL Units are reported for Gabriel Coindreau in KOF?
The filing shows 30,138 BL Units beneficially owned for Gabriel Coindreau. These Units are not held directly; they are maintained in an Employee Trust structure, reflecting his indirect economic interest instead of personal share custody.
What is a BL Unit in the COCA COLA FEMSA (KOF) Form 3 filing?
A BL Unit is a bundled security at COCA COLA FEMSA. Each Unit consists of three Series B shares and five Series L shares, so the reported position represents ownership through these combined share classes rather than individual shares.
How are Gabriel Coindreau’s KOF BL Units held according to the filing?
The BL Units are held by Trust No. 204124, referred to as the Employee Trust. This trust is controlled by Fomento Economico Mexicano, S.A.B. de C.V., with Gabriel Coindreau participating as a trust beneficiary, indicating indirect ownership.
Does the KOF Form 3 show direct or indirect ownership for Gabriel Coindreau?
The Form 3 shows indirect ownership. It classifies the position with ownership code “I” and describes the nature of ownership as “By Employee Trust,” meaning the Units are held in trust for his benefit rather than in his personal name.