Director at Controladora Vuela (NYSE: VLRS) reports share and RSU stakes

Rhea-AI Filing Summary

Controladora Vuela Compania de Aviacion, S.A.B. de C.V. director Andrew S. Broderick has filed an initial ownership report showing existing equity interests in the company. He directly holds 41,920 Series A shares of common stock, with the shares owned through American Depositary Shares (ADSs).

He also holds restricted securities units that relate to 55,780 underlying Series A shares of common stock. Each restricted securities unit represents a contingent right to receive one Series A share, and these units are scheduled to vest on April 28, 2026 and have no expiration date.

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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

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1. Name and Address of Reporting Person^*

Broderick Andrew S.

(Last) (First) (Middle)

AV. ANTONIO DOVALI JAIME 70, TOWER B, 13

FLOOR, COLONIA ZEDEC SANTA FE

(Street)

MEXICO CITY 01210

(City) (State) (Zip)

MEXICO

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Controladora Vuela Compania de Aviacion, S.A.B. de C.V. [ VLRS ]

3a. Foreign Trading Symbol
[VOLAR]

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

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

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

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Series A shares of common stock	41,920(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Securities Units	(2)	(2)	Series A shares of common stock	55,780	(3)	D

Explanation of Responses:

1. Shares owned through American Depositary Shares (ADSs). Each ADS representing ten (10) Ordinary Participacion Certificates (Certificados de Participacion Ordinarios) (CPOs). Each CPO representing the economic interest in one (1) share of Series A shares of common stock.

2. The restricted securities units will vest on April 28, 2026 and have no expiration date.

3. Each restricted securities unit represents a contingent right to receive on Series A share of common stock.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Isela Cervantes Rodriguez, Attorney-in-fact.	03/18/2026
	** 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 5 (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 3: SEC 1473 (03-26)

FAQ

What insider position does Andrew S. Broderick hold at VLRS?

Andrew S. Broderick is reported as a director of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. The filing shows his existing direct holdings in Series A common shares and related restricted securities units, but no new purchase or sale activity.

How many VLRS Series A common shares does the director hold?

The director directly holds 41,920 Series A shares of common stock. The filing notes these shares are owned through American Depositary Shares (ADSs), which represent interests in Ordinary Participacion Certificates linked to Series A shares.

What restricted securities units does the VLRS director report?

He reports restricted securities units tied to 55,780 underlying Series A shares of common stock. Each unit represents a contingent right to receive one Series A share, providing potential future equity if vesting conditions are satisfied.

When do the restricted securities units for VLRS shares vest?

The restricted securities units are scheduled to vest on April 28, 2026. After vesting, each unit represents a right to receive one Series A share of common stock, and the filing states these units have no expiration date.

How are VLRS shares held through ADSs structured?

The filing explains VLRS shares are held through American Depositary Shares (ADSs), with each ADS representing ten Ordinary Participacion Certificates (CPOs). Each CPO reflects the economic interest in one Series A share of common stock.