Volaris director reports zero share holdings

VLRS filed an initial Form 3 for a new director, showing no reportable holdings or transactions.

Rhea-AI Filing Summary

Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (VLRS) reported an initial statement of beneficial ownership on Form 3 for director Steele Barron Elliot.

The filing lists no reportable transactions, derivative positions, or holdings, and includes an Exhibit 24 Power of Attorney authorizing filings on the reporting person’s behalf.

Key Figures

Reported buy transactions: 0 transactions Reported sell transactions: 0 transactions Reported holding entries: 0 positions

3 metrics

Reported buy transactions 0 transactions BuyCount in the Form 3 transaction summary

Reported sell transactions 0 transactions SellCount in the Form 3 transaction summary

Reported holding entries 0 positions HoldingEntries in the Form 3 transaction summary

Key Terms

Form 3, beneficial ownership, Power of Attorney

3 terms

Form 3 regulatory

"reported an initial statement of beneficial ownership on Form 3"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

beneficial ownership financial

"reported an initial statement of beneficial ownership 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.

Power of Attorney regulatory

"includes an Exhibit 24 Power of Attorney authorizing filings"

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 the Form 3 filing for VLRS disclose about Steele Barron Elliot?

The Form 3 identifies Steele Barron Elliot as a director of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (VLRS). It reports no initial holdings of the company’s securities and no transactions or derivative positions at the time of filing.

Are there any share transactions reported in this VLRS Form 3?

No. The Form 3 for VLRS shows no reported transactions, with buy, sell, acquire, dispose, gift, and exercise counts all at zero, and no derivative transactions or restructuring events listed.

Does the VLRS Form 3 show any stock or option holdings for the director?

No. The filing indicates zero holding entries and an empty derivative summary, meaning it does not report any common stock, options, or other derivative positions for Steele Barron Elliot as of this initial statement.

Is there a Rule 10b5-1 trading plan mentioned in the VLRS Form 3?

No. The Form 3 predates the Rule 10b5-1 checkbox field and contains no footnote stating that any trades occurred under a Rule 10b5-1 or similar trading plan.

What is the purpose of the Exhibit 24 mentioned in the VLRS Form 3?

The remarks reference Exhibit 24 - Power of Attorney, indicating that a power of attorney has been granted so that an authorized person can sign and submit SEC ownership reports on behalf of Steele Barron Elliot.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/03/2026 - 07:31 PM EDT Accepted by SEC EDGAR 09/03/2026 - 07:31 PM EDT Learn about SEC filing dates

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^*

Steele Barron Elliot

(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)
09/03/2026

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)

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:

Remarks:

Exhibit 24 - Power of Attorney

No securities are beneficially owned.

	/s/ Isela Cervantes Rodriguez, Attorney-in-fact	09/03/2026
	** 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)