STOCK TITAN

Director at Controladora Vuela (NYSE: VLRS) sells 50,000 shares

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Controladora Vuela Compania de Aviacion director William Dean sold 50,000 Series A common shares in an open-market transaction at $7.54 per share on May 27, 2026. After the sale, he still holds about 2,996,050 shares, indicating the trade represents a small portion of his overall position.

The shares are held through American Depositary Shares, where each ADS represents ten Certificados de Participacion Ordinarios, and each such certificate reflects the economic interest in one Series A common share.

Positive

  • None.

Negative

  • None.
Insider Donovan William Dean
Role null
Sold 50,000 shs ($377K)
Type Security Shares Price Value
Sale Series A shares of common stock 50,000 $7.54 $377K
Holdings After Transaction: Series A shares of common stock — 2,996,050 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 50,000 shares Series A common stock, open-market sale
Sale price $7.54 per share Open-market sale on May 27, 2026
Shares owned after sale 2,996,050 shares Director’s direct holdings after transaction
ADS to CPO ratio 1 ADS : 10 CPOs Each ADS represents ten Certificados de Participacion Ordinarios
CPO to share ratio 1 CPO : 1 share Each CPO represents economic interest in one Series A share
American Depositary Shares financial
"Shares owned through American Depositary Shares ("ADSs"). Each ADS representing ten (10) Certificados"
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
ADSs financial
"Shares owned through American Depositary Shares ("ADSs"). Each ADS representing ten (10)"
Certificados de Participacion Ordinarios (CPOs) financial
"Each ADS representing ten (10) Certificados de Participacion Ordinarios (CPOs). Each CPO representing"
Series A shares of common stock financial
"one (1) share of Series A shares of common stock."
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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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*
Donovan William Dean

(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)
05/27/2026
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 stock05/27/2026S50,000(1)D$7.542,996,050(1)D
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
Explanation of Responses:
1. Shares owned through American Depositary Shares ("ADSs"). Each ADS representing ten (10) Certificados de Participacion Ordinarios (CPOs). Each CPO representing the economic interest in one (1) share of Series A shares of common stock.
/s/ Isela Cervantes Rodriguez, as Attorney-in-Fact, for William D. Donovan05/29/2026
** 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)

FAQ

What insider transaction did VLRS director William Dean report?

Director William Dean reported selling 50,000 Series A common shares of VLRS in an open-market transaction at $7.54 per share. The sale was disclosed in a Form 4 insider filing detailing his updated ownership position.

How many VLRS shares does William Dean own after this sale?

After the transaction, William Dean directly owns 2,996,050 Series A common shares of VLRS. This indicates he retained the vast majority of his holdings despite the open-market sale reported in the filing.

At what price were the VLRS shares sold in the reported transaction?

The VLRS shares were sold at a price of $7.54 per Series A common share. This price reflects the per-share proceeds for the 50,000 shares disposed of in the open-market transaction on May 27, 2026.

How are VLRS shares represented through American Depositary Shares (ADSs)?

VLRS equity is accessed via American Depositary Shares, with each ADS representing ten Certificados de Participacion Ordinarios. Each of these certificates conveys the economic interest in one Series A share of common stock, linking ADSs to underlying shares.

Was the VLRS insider transaction a buy or a sell?

The VLRS insider transaction was a sale. Director William Dean executed an open-market sale of 50,000 Series A common shares, as indicated by the transaction code “S” and the filing’s transaction description.