Coca Cola FEMSA (KOF) executive details direct and trust BL Unit stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
COCA COLA FEMSA SAB DE CV executive Catherine Nicole Reuben Hatounian, Chief Corporate Affairs, reported her initial ownership of BL Units. She holds 24,433 BL Units indirectly through an Employee Trust and 19,629 BL Units directly. Each 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
Reuben Hatounian Catherine Nicole
Role
Chief Corporate Affairs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | BL Unit | -- | -- | -- |
| holding | BL Unit | -- | -- | -- |
Holdings After Transaction:
BL Unit — 24,433 shares (Indirect, By Employee Trust);
BL Unit — 19,629 shares (Direct)
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 disclose for COCA COLA FEMSA (KOF)?
The Form 3 shows initial BL Unit holdings for executive Catherine Nicole Reuben Hatounian. It reports her beneficial ownership position rather than any new purchase or sale, giving a baseline of her direct and indirect interests in COCA COLA FEMSA SAB DE CV.
How many BL Units does the COCA COLA FEMSA (KOF) executive hold directly and indirectly?
The executive reports two BL Unit positions: 24,433 BL Units held indirectly through an Employee Trust and 19,629 BL Units held directly. These figures represent her beneficial ownership as of the Form 3 filing date and do not indicate a recent trade.
What is a BL Unit in the COCA COLA FEMSA (KOF) Form 3 filing?
Each BL Unit is a bundle of shares consisting of three Series B shares and five Series L shares. The filing clarifies that the reported holdings are in the form of these Units rather than individual Series B or Series L shares.
How are the indirect BL Unit holdings for COCA COLA FEMSA (KOF) structured?
The indirect BL Units are held via an Employee Trust. Specifically, they are held for the benefit of the executive by a trust controlled by Fomento Economico Mexicano, where she is a trust participant, reflecting an indirect form of beneficial ownership.
Does the COCA COLA FEMSA (KOF) Form 3 indicate any insider buying or selling?
The Form 3 does not show explicit buying or selling. It classifies the entries as holdings with unknown transaction codes, indicating this is primarily an initial ownership report rather than a record of recent purchases or sales of BL Units.