VLRS (VLRS) director Marco Baldocchi Kriete reports 187,050-share stake

Rhea-AI Filing Summary

Controladora Vuela Compania de Aviacion director Marco Baldocchi Kriete filed an initial ownership report showing holdings of 187,050 Series A shares of common stock. The shares are owned through American Depositary Shares, where each ADS represents ten Ordinary Participation Certificates, and each certificate represents the economic interest in one Series A share.

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^*

Kriete Marco Baldocchi

(Last) (First) (Middle)

AV. ANTONIO DOVALI JAIME NO. 70

13 FL, TWR B, 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	187,050(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

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.

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 does Marco Baldocchi Kriete report owning in VLRS on this Form 3?

He reports beneficial ownership of 187,050 Series A shares of common stock. These holdings establish his initial reported position as a director of Controladora Vuela Compania de Aviacion and are disclosed without any accompanying purchase or sale transactions in this filing.

How are VLRS shares held by Marco Baldocchi Kriete structured?

His holdings are owned through American Depositary Shares (ADSs). Each ADS represents ten Ordinary Participation Certificates, and each certificate represents the economic interest in one Series A share of common stock, providing indirect economic exposure to the underlying VLRS equity.

Does this VLRS Form 3 show any recent insider buying or selling?

No, this Form 3 functions as an initial ownership statement and does not report any explicit buy or sell transactions. It simply records that the director holds 187,050 Series A shares following the relevant date, providing a baseline for future insider activity.

What role does Marco Baldocchi Kriete have at Controladora Vuela (VLRS)?

He is identified as a director of Controladora Vuela Compania de Aviacion. The Form 3 links his board role with his reported beneficial ownership of 187,050 Series A shares, helping investors understand the equity stake associated with his governance position at the company.

Are the VLRS shares reported on this Form 3 held directly or indirectly?

The filing classifies the 187,050 Series A shares as directly owned. However, a footnote clarifies that they are held through American Depositary Shares, which in turn represent Ordinary Participation Certificates tied to the economic interest in Series A common stock.