Vista Energy director restructures 3,900-share holding

Vista Energy, S.A.B. de C.V. director German Nicanor Losada reported an internal restructuring of his holdings in Series A shares.

Accepted by SEC EDGAR 06/15/2026 - 05:24 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Vista Energy, S.A.B. de C.V. director German Nicanor Losada reported an internal restructuring of his holdings in Series A shares. A total of 3,900 American Depositary Shares were transferred for no consideration to Canicas LP, a limited partnership he controls. Following the transactions, he holds 255,304 Series A shares directly and 3,900 Series A shares indirectly through Canicas LP.

Insider Trade Summary

Other: 7,800 shares

Other 2 txns

Insider Losada German Nicanor

Role Director

Type	Security	Shares	Price	Value
Other	Series A Shares	3,900	$0.00	$0.00
Other	Series A Shares	3,900	$0.00	$0.00

Holdings After Transaction: Series A Shares — 255,304 shares (Direct); Series A Shares — 3,900 shares (Indirect, By Canicas LP)

Holdings Before and After: Series A Shares, 259,204 to 255,304 shares (Direct); Series A Shares, 0 to 3,900 shares (Indirect, By Canicas LP)

Footnotes (2)

1. F1. This transaction represents a transfer of ADSs (as defined below) to Canicas LP, a limited partnership controlled by the Reporting Person, for no consideration.
2. F2. The securities reported herein are held in the form of American Depositary Shares ("ADSs"). Each ADS represents one series A share.

Key Figures

Restructuring shares: 7,800 shares Transferred ADS: 3,900 ADS Direct holdings after: 255,304 shares +2 more

5 metrics

Restructuring shares 7,800 shares Total restructuring shares across transactions

Transferred ADS 3,900 ADS Moved to Canicas LP on 2026-06-11

Direct holdings after 255,304 shares Series A Shares directly held after transactions

Indirect holdings after 3,900 shares Series A Shares held via Canicas LP after transfer

Transaction price per share $0.0000 per share Indicates no consideration for the transfer

Key Terms

American Depositary Shares ("ADSs"), Series A Shares, limited partnership, transaction code J

4 terms

American Depositary Shares ("ADSs") financial

"The securities reported herein are held in the form of American Depositary Shares ("ADSs")."

American Depositary Shares (ADSs) are U.S.-listed certificates issued by a bank that represent ownership of a specified number of a foreign company’s ordinary shares, letting U.S. investors buy and sell those interests in U.S. dollars on American markets. They matter because they make investing in overseas companies as easy as buying a domestic stock—streamlining currency, settlement, and recordkeeping—while still exposing investors to foreign-market risks like exchange rates and local regulations.

Series A Shares financial

"security_title: "Series A Shares" in the reported transactions."

limited partnership financial

"transfer of ADSs to Canicas LP, a limited partnership controlled by the Reporting Person"

A limited partnership is a legal business structure with two types of partners: at least one general partner who runs the business and bears full legal responsibility, and one or more limited partners who contribute money, share profits, and have liability capped at their investment. For investors, it matters because it separates control from financial exposure — like putting money into a store without managing it — and affects how returns, risks, taxes and transferability of ownership are handled.

transaction code J financial

"transaction code "J" classified as Other acquisition or disposition"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Vista Energy (VIST) disclose for German Nicanor Losada?

Vista Energy disclosed that director German Nicanor Losada reported an internal restructuring transaction. He moved 3,900 American Depositary Shares representing Series A shares to Canicas LP, a limited partnership he controls, with no cash changing hands in the process.

How many Vista Energy (VIST) shares were involved in the restructuring?

The restructuring involved 3,900 American Depositary Shares, each representing one Series A share. These shares were transferred from Losada’s direct holdings to Canicas LP, changing how the shares are held but not the overall economic exposure reported.

What are German Nicanor Losada’s Vista Energy (VIST) holdings after the Form 4?

After the reported transactions, German Nicanor Losada holds 255,304 Series A shares directly. He also has 3,900 Series A shares held indirectly through Canicas LP, according to the Form 4 insider ownership totals disclosed in the filing data.

Was cash paid in the Vista Energy (VIST) transfer to Canicas LP?

No cash was paid in this transfer. The footnotes state the transaction was a transfer of American Depositary Shares to Canicas LP for no consideration, indicating it was an internal restructuring rather than a market purchase or sale of Vista Energy shares.

What does the transaction code J mean in the Vista Energy (VIST) Form 4?

In this Form 4, transaction code J indicates an “other acquisition or disposition.” The data classifies it as a restructuring, reflecting an internal transfer of 3,900 American Depositary Shares to Canicas LP instead of an open-market buy or sell transaction.

How are the Vista Energy (VIST) shares held after being moved to Canicas LP?

The shares are held indirectly through Canicas LP. The filing notes that Canicas LP is a limited partnership controlled by German Nicanor Losada, and the 3,900 American Depositary Shares now appear as indirectly owned Series A shares in his reported holdings.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Losada German Nicanor

(Last) (First) (Middle)

AVENIDA PASEO DE LA REFORMA 243, PISO 18

(Street)

CIUDAD DE MEXICO CUAUHTEMOC MEXICO 06500

(City) (State) (Zip)

MEXICO

(Country)

2. Issuer Name and Ticker or Trading Symbol
Vista Energy, S.A.B. de C.V. [ VIST ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol
[BMV: VISTA]

3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Series A Shares	06/11/2026		J(1)		3,900	D	(1)	255,304(2)	D
Series A Shares	06/11/2026		J(1)		3,900	A	(1)	3,900(2)	I	By Canicas LP

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction represents a transfer of ADSs (as defined below) to Canicas LP, a limited partnership controlled by the Reporting Person, for no consideration.

2. The securities reported herein are held in the form of American Depositary Shares ("ADSs"). Each ADS represents one series A share.

	/s/ German Nicanor Losada	06/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)