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Controladora Vuela Compania de Aviacion (NYSE: VLRS) director gains 229,034 shares via RSU vesting

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Controladora Vuela Compania de Aviacion director Maldonado Yanez Ricardo reported RSU vesting and new equity awards. On April 28, 2026, 122,573 Annual Fee and 106,461 BoDIP Restricted Securities Units granted April 28, 2025 vested and converted into 229,034 Series A shares, bringing his direct holdings to 405,712 shares. On April 24, 2026, he was granted 65,370 Annual Fee and 56,811 BoDIP RSUs, each representing one future Series A share vesting April 24, 2027. The transactions were not reported as made under a Rule 10b5-1 plan, and the Form 4 was re-filed unchanged due to a technical filing error affecting the original submission.

Positive

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Negative

  • None.
Insider Maldonado Yanez Ricardo
Role Director
Type Security Shares Price Value
Exercise Restricted Securities Units (Annual Fee) F2, F1 122,573 $0.00 $0.00
Exercise Restricted Securities Units (BoDIP) F2, F1 106,461 $0.00 $0.00
Exercise Series A shares of common stock F1, F2 229,034 -- --
Grant/Award Restricted Securities Units (Annual Fee) F2, F3 65,370 $0.00 $0.00
Grant/Award Restricted Securities Units (BoDIP) F2, F3 56,811 $0.00 $0.00
Holdings After Transaction: Restricted Securities Units (Annual Fee) — 65,370 shares (Direct); Restricted Securities Units (BoDIP) — 56,811 shares (Direct); Series A shares of common stock — 405,712 shares (Direct)
Footnotes (3)
  1. F1. The Restricted Securities Units ("RSUs") were granted on April 28, 2025 and vest on April 28, 2026. The RSUs have no expiration date.
  2. F2. Each RSU represents a contingent right to receive one Series A share of common stock.
  3. F3. The RSUs were granted on April 24, 2026 and will vest on April 24, 2027. The RSUs have no expiration date.
Shares acquired via RSU conversion 229,034 Series A shares Converted from vested RSUs on April 28, 2026
Post-transaction share holdings 405,712 Series A shares Direct holdings after April 28, 2026 transactions
Annual Fee RSUs converted 122,573 RSUs Vested and converted into Series A shares on April 28, 2026
BoDIP RSUs converted 106,461 RSUs Vested and converted into Series A shares on April 28, 2026
New Annual Fee RSUs granted 65,370 RSUs Granted April 24, 2026, vesting April 24, 2027
New BoDIP RSUs granted 56,811 RSUs Granted April 24, 2026, vesting April 24, 2027
Restricted Securities Units financial
"The Restricted Securities Units ("RSUs") were granted on April 28, 2025"
Series A shares of common stock financial
"Each RSU represents a contingent right to receive one Series A share of common stock."
beneficial ownership regulatory
"statement of changes in beneficial ownership of securities on Form 4"
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
"Please note that the information presented herein ... 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.

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

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FAQ

What insider transactions did VLRS director Maldonado Yanez Ricardo report?

He reported RSU vesting and new RSU grants. On April 28, 2026, previously granted RSUs vested into 229,034 Series A shares. On April 24, 2026, he received new RSU awards totaling 122,181 units that will vest in 2027.

How many VLRS shares does Maldonado Yanez Ricardo hold after these transactions?

After the April 28, 2026 RSU conversions, he directly holds 405,712 Series A shares. This position reflects the acquisition of 229,034 shares upon RSU vesting, as reported in the non-derivative transaction table on the Form 4.

What RSU grants were reported for VLRS on April 24, 2026?

On April 24, 2026, he was granted 65,370 Restricted Securities Units under the Annual Fee program and 56,811 BoDIP RSUs. Each RSU represents a contingent right to receive one Series A share of common stock upon vesting on April 24, 2027.

What RSUs vested into shares for VLRS on April 28, 2026?

RSUs granted on April 28, 2025 vested on April 28, 2026. This included 122,573 Annual Fee and 106,461 BoDIP RSUs. They converted into 229,034 Series A shares, as each RSU equals one Series A share of common stock.

Were VLRS insider transactions made under a Rule 10b5-1 trading plan?

No. The Rule 10b5-1 checkbox for this Form 4 was not marked as affirming that the transactions were made pursuant to a trading plan, indicating they are not reported as executed under Rule 10b5-1 arrangements.

Why was the VLRS Form 4 for Maldonado Yanez Ricardo re-filed?

The Form 4 was re-filed due to a technical error affecting the original submission under a different CIK. The company states the re-filed report is identical to the original, with no changes to any of the disclosed information.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Maldonado Yanez Ricardo

(Last)(First)(Middle)
AV. ANTONIO DOVALI JAIME 70, TOWER B, 13
FLOOR, COLONIA ZEDEC SANTA FE

(Street)
MEXICO CITY01210

(City)(State)(Zip)

MEXICO

(Country)
2. Issuer Name and Ticker or Trading Symbol
Controladora Vuela Compania de Aviacion, S.A.B. de C.V. [ VLRS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
[VOLAR]
3. Date of Earliest Transaction (Month/Day/Year)
04/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Series A shares of common stock04/28/2026M(1)229,034A(2)405,712D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Securities Units (Annual Fee)(2)04/24/2026A65,370 (3) (3)Series A shares of common stock65,370$065,370D
Restricted Securities Units (BoDIP)(2)04/24/2026A56,811 (3) (3)Series A shares of common stock56,811$056,811D
Restricted Securities Units (Annual Fee)(2)04/28/2026M122,573 (1) (1)Series A shares of common stock122,573$00D
Restricted Securities Units (BoDIP)(2)04/28/2026M106,461 (1) (1)Series A shares of common stock106,461$00D
Explanation of Responses:
1. The Restricted Securities Units ("RSUs") were granted on April 28, 2025 and vest on April 28, 2026. The RSUs have no expiration date.
2. Each RSU represents a contingent right to receive one Series A share of common stock.
3. The RSUs were granted on April 24, 2026 and will vest on April 24, 2027. The RSUs have no expiration date.
Remarks:
Note: This statement of changes in beneficial ownership of securities on Form 4 was initially filed with the U.S. Securities and Exchange Commission on April 28, 2026, under CIK number 0001520504 (the "Original Form 4"), and due to a technical error, it is now being re-filed under CIK number 0001361096. Please note that the information presented herein is identical to the information submitted in the Original Form 4 and has not undergone any alteration, variation, or addition of any kind. Exhibit 24 - Power of Attorney.
/s/ Jose Alejandro De Iturbide Gutierrez, Attorney-in-fact, for Ricardo Maldonado Yanez07/30/2026
** Signature of Reporting PersonDate
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 4 (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 4: SEC 1474 (03-26)