VLRS (VLRS) CFO discloses Series A share and RSU holdings in Form 3

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Controladora Vuela Compania de Aviacion, S.A.B. de C.V. Chief Financial Officer Jaime Esteban Pous filed an initial ownership report showing equity-based holdings in the company. The filing lists restricted securities units tied to Series A common stock and a direct position in Series A shares.

He holds restricted securities units covering 199,370, 346,061 and 560,781 underlying Series A shares, each with an exercise price of $0.0000 per share. These units vest on or beginning on November 6, 2026, with some vesting in two and three equal annual installments and having no expiration date. He also directly holds 2,566,057 Series A shares of common stock.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Fernandez Jaime Esteban Pous

Role Chief Financial Officer

Type	Security	Shares	Price	Value
holding	Restricted Securties Units	--	--	--
holding	Restricted Securties Units	--	--	--
holding	Restricted Securties Units	--	--	--
holding	Series A shares of common stock	--	--	--

Holdings After Transaction: Restricted Securties Units — 199,370 shares (Direct); Series A shares of common stock — 2,566,057 shares (Direct)

Footnotes (1)

The restricted securities units will vest on November 6, 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 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.

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03/18/2026 - 09:56 PM

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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Fernandez Jaime Esteban Pous

(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)

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

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	2,566,057	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)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	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)
Restricted Securties Units	⁽¹⁾	⁽¹⁾	Series A shares of common stock	199,370	⁽²⁾	D
Restricted Securties Units	⁽³⁾	⁽³⁾	Series A shares of common stock	346,061	⁽²⁾	D
Restricted Securties Units	⁽⁴⁾	⁽⁴⁾	Series A shares of common stock	560,781	⁽²⁾	D

Explanation of Responses:

1. The restricted securities units will vest on November 6, 2026 and have no expiration date.

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

3. The restricted securities units will vest in two equal annual installments beginning on November 6, 2026 and have no expiration date.

4. The restricted securities units will vest in three equal annual installments beginning on November 6, 2026 and have no expiration date.

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)

Source: View Original Filing on SEC EDGAR

FAQ

What does the VLRS Form 3 filing by CFO Jaime Esteban Pous show?

The Form 3 shows CFO Jaime Esteban Pous’s existing equity interests in Controladora Vuela, including restricted securities units tied to Series A common stock and a direct holding of 2,566,057 Series A shares reported as of the filing date.

How many Series A shares does the VLRS CFO directly own in this Form 3?

The filing reports that the CFO directly holds 2,566,057 Series A shares of common stock. This figure represents his reported direct ownership position and does not include additional shares that may later be issued from restricted securities units.

What restricted securities units are reported in the VLRS Form 3 for the CFO?

The Form 3 lists three blocks of restricted securities units, each representing contingent rights to Series A shares. They correspond to 199,370, 346,061 and 560,781 underlying shares, all with a stated exercise price of $0.0000 per share and no expiration date.

When do the VLRS CFO’s restricted securities units begin to vest?

Footnotes explain that some restricted securities units vest entirely on November 6, 2026, while others vest in two or three equal annual installments beginning on November 6, 2026. All described restricted securities units are stated to have no expiration date.

Do the VLRS restricted securities units give immediate shares to the CFO?

No, the restricted securities units represent contingent rights to receive Series A shares in the future. They become shares only as they vest on November 6, 2026 or over the following annual installments as described in the footnotes to the Form 3.

What type of security underlies the VLRS restricted securities units in this Form 3?

Each restricted securities unit represents a contingent right to receive one Series A share of common stock. This linkage is explicitly stated in the footnotes, clarifying that the units are equity-based awards rather than cash-settled instruments or separate share classes.