Coca Cola Femsa (NYSE: KOF) CEO discloses BL Unit stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
COCA COLA FEMSA SAB DE CV Chief Executive Officer Craig Ian M. has filed an initial ownership report on Form 3, showing holdings in BL Units. He reports 128,870 BL Units held directly and 251,516 BL Units held indirectly through an Employee Trust. Each BL Unit consists of three Series B Shares and five Series L Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Craig Ian M.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | BL Unit | -- | -- | -- |
| holding | BL Unit | -- | -- | -- |
Holdings After Transaction:
BL Unit — 128,870 shares (Direct);
BL Unit — 251,516 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 Coca Cola Femsa (KOF) CEO report on this Form 3?
The CEO, Craig Ian M., reports his initial ownership in BL Units of Coca Cola Femsa. The filing lists both directly held units and those held indirectly through an Employee Trust structure.
How many BL Units does the Coca Cola Femsa (KOF) CEO hold directly?
The CEO reports direct ownership of 128,870 BL Units. This figure represents units registered in his own name, separate from those held via the Employee Trust arrangement noted in the filing.
What indirect holdings does the Coca Cola Femsa (KOF) CEO report?
He reports 251,516 BL Units held indirectly through an Employee Trust. These securities are held for his benefit by a trust controlled by Fomento Economico Mexicano, with the CEO participating as a trust beneficiary.
What is a BL Unit in Coca Cola Femsa (KOF)?
Each BL Unit consists of three Series B Shares and five Series L Shares. The filing clarifies this structure so investors understand that reported BL Units represent bundled exposure to both share classes of the company.
Does this Coca Cola Femsa (KOF) Form 3 show any insider buying or selling?
No specific insider purchases or sales are reported in this Form 3. It functions as an initial ownership statement, summarizing the CEO’s existing BL Unit holdings rather than new market transactions.