Controladora Vuela (NYSE: VLRS) CEO details major equity and award holdings
Rhea-AI Filing Summary
Controladora Vuela Compania de Aviacion, S.A.B. de C.V. President and CEO Enrique Javier Beltranena filed a Form 3 reporting his initial beneficial ownership in the company’s securities. This filing lists his direct holdings of Series A common stock and multiple equity-based awards.
He directly holds 13,866,647 Series A shares of common stock. In addition, he holds restricted securities units linked to Series A shares, including awards covering 98,405 shares that vest on April 26, 2026, and other units covering 601,547, 1,044,150, and 1,692,012 underlying shares with vesting beginning on November 6, 2026 in one to three annual installments and no expiration dates.
He also holds Share Appreciation Rights over 311,968 underlying Series A shares with an exercise price of 14.8000 (in Mexican pesos) and an expiration date of February 18, 2031. Each restricted securities unit represents a contingent right to receive one Series A share of common stock, and the share appreciation rights provide a cash payment based on the increase in the stock price between the grant date and exercise.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Securties Units (Annual Fee) | -- | -- | -- |
| holding | Restricted Securties Units | -- | -- | -- |
| holding | Restricted Securties Units | -- | -- | -- |
| holding | Restricted Securties Units | -- | -- | -- |
| holding | Share Appreciation Rights | -- | -- | -- |
| holding | Series A shares of common stock | -- | -- | -- |
Footnotes (1)
- The restricted securities units will vest on April 26, 2026 and have no expiration date . Each restricted securities unit represents a contingent right to receive on Series A share of common stock. The restricted securities units will vest on November 6, 2026 and have no expiration date. The restricted securities units will vest in two equal annual installments beginning on November 6, 2026 and have no expiration date. The restricted securities units will vest in three equal annual installments beginning on November 6, 2026 and have no expiration date. Provides the right of cash payment determined based on the increase of the stock price between the grant date and the exercise. The price shown is in Mexican Pesos.
