Volaris director holds 158K shares, large option stake
Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
Sentiment and the balance of points
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Form Type
3
Rhea-AI Filing Summary
Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (VLRS) filed an initial Form 3 for director Guadalupe Phillips Margain, re-filed due to a technical error. The director reports vested options over 67,872 Series A shares at an exercise price of 32.23 Mexican pesos and options over 74,426 shares at 33.80 pesos, expiring in 2026 and 2027. The director also holds restricted stock units that vest on April 28, 2026, and direct ownership of 158,513 Series A common shares.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
PHILLIPS MARGAIN Guadalupe
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options F2, F1 | -- | -- | -- |
| holding | Options F2, F1 | -- | -- | -- |
| holding | Restricted Stock Units (Board of Directors Incentinve Plan) F4, F3 | -- | -- | -- |
| holding | Restricted Stock Units (Annual Fee) F4, F3 | -- | -- | -- |
| holding | Series A shares of common stock | -- | -- | -- |
Holdings After Transaction:
Options — 142,298 contracts (Direct);
Restricted Stock Units (Board of Directors Incentinve Plan) — 98,405 contracts (Direct);
Restricted Stock Units (Annual Fee) — 106,461 contracts (Direct);
Series A shares of common stock — 158,513 shares (Direct)
Footnotes (4)
- F1. The options are vested and currently exercisable.
- F2. The price shown is in Mexican Pesos.
- F3. The restricted securities units will vest on April 28, 2026 and have no expiration date.
- F4. Each restricted securities unit represents a contingent right to receive one Series A share of common stock.
Key Figures
Options underlying shares (32.23 MXN): 67,872 shares
Options underlying shares (33.80 MXN): 74,426 shares
Restricted Stock Units (Board Incentive Plan): 98,405 units
+5 more
8 metrics
Options underlying shares (32.23 MXN)
67,872 shares
Vested options, exercise price 32.2300 Mexican pesos, expiring April 26, 2026
Options underlying shares (33.80 MXN)
74,426 shares
Vested options, exercise price 33.8000 Mexican pesos, expiring April 26, 2027
Restricted Stock Units (Board Incentive Plan)
98,405 units
Each unit equals one Series A share; will vest on April 28, 2026
Restricted Stock Units (Annual Fee)
106,461 units
Each unit equals one Series A share; will vest on April 28, 2026
Directly owned Series A shares
158,513 shares
Direct ownership of Series A common stock following reported holdings
Option exercise price (first grant)
32.2300 Mexican pesos
Exercise price for options over 67,872 Series A shares
Option exercise price (second grant)
33.8000 Mexican pesos
Exercise price for options over 74,426 Series A shares
RSU vesting date
April 28, 2026
Vesting date for restricted securities units reported in the filing
Key Terms
beneficial ownership, Restricted Stock Units, exercise price, Series A shares of common stock, +1 more
5 terms
beneficial ownership regulatory
"initial statement of beneficial ownership of securities on Form 3"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Restricted Stock Units financial
"Restricted Stock Units (Board of Directors Incentinve Plan)"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
exercise price financial
"The price shown is in Mexican Pesos."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Power of Attorney regulatory
"Exhibit 24 - Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does VLRS’s new Form 3 filing disclose about Guadalupe Phillips Margain?
The Form 3 shows that director Guadalupe Phillips Margain beneficially owns 158,513 Series A shares of common stock, plus vested options and restricted stock units linked to additional Series A shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
What restricted stock units in VLRS does Guadalupe Phillips Margain report?
The filing reports 98,405 restricted stock units under a Board of Directors Incentive Plan and 106,461 restricted stock units as an annual fee. Each unit represents a contingent right to receive one Series A share of common stock upon vesting.
When do Guadalupe Phillips Margain’s restricted stock units in VLRS vest?
The restricted stock units reported in the Form 3 will vest on April 28, 2026. The filing states that these restricted securities units have no expiration date and each unit converts into one Series A share of common stock upon vesting.
Why was VLRS’s Form 3 for Guadalupe Phillips Margain re-filed?
The Form 3 was originally filed under a different CIK and is being re-filed due to a technical error. The company states that the information in this re-filed Form 3 is identical to the original submission, with no alterations or additions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
