Director at Volaris (NYSE: VLRS) granted 64,200 RSUs

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Baldocchi Kriete Marco Andres reported acquisition or exercise transactions in this Form 4 filing.

Controladora Vuela Compania de Aviacion (Volaris) director Marco Andres Baldocchi Kriete received an equity award of 64,200 restricted stock units (RSUs). Each RSU represents a contingent right to receive one Series A share of common stock. The RSUs were granted on April 24, 2026 and will vest on April 24, 2027.

The award has no stated expiration date, and the filing shows 64,200 derivative securities held after the transaction, all from this grant. This is a compensation-related grant, not an open-market share purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Baldocchi Kriete Marco Andres

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Securities Units (BoDIP)	64,200	$0.00	--

Holdings After Transaction: Restricted Securities Units (BoDIP) — 64,200 shares (Direct, null)

Footnotes (1)

Each RSU represents a contingent right to receive on Series A share of common stock. The RSUs were granted on April 24, 2026 and will vest on April 24, 2027. The RSUs have no expiration date.

Key Figures

RSUs granted: 64,200 units Underlying shares: 64,200 Series A shares Total derivative holdings after grant: 64,200 units +2 more

5 metrics

RSUs granted 64,200 units Restricted Securities Units (BoDIP) granted on April 24, 2026

Underlying shares 64,200 Series A shares Each RSU represents one Series A common share

Total derivative holdings after grant 64,200 units Total RSUs held following the reported transaction

Exercise price $0.0000 per unit No cash exercise price for the RSUs

Vesting date April 24, 2027 RSUs vest in full on this date

Key Terms

Restricted Securities Units (BoDIP), RSUs, Series A shares of common stock, Grant, award, or other acquisition

4 terms

Restricted Securities Units (BoDIP) financial

"Security title is listed as "Restricted Securities Units (BoDIP)" in the transaction."

RSUs financial

"Each RSU represents a contingent right to receive one Series A share of common stock."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

Series A shares of common stock financial

"Underlying security title is "Series A shares of common stock" for the RSUs."

Grant, award, or other acquisition financial

"Transaction code "A" is described as "Grant, award, or other acquisition"."

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Form 4 Insider Transactions: What Each Field Means →

04/28/2026 - 04:10 PM

SEC Form 4

FORM 4

UNITED 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^*

Baldocchi Kriete Marco Andres

(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. 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Securities Units (BoDIP)	⁽¹⁾	04/24/2026		A		64,200		⁽²⁾	⁽²⁾	Series A shares of common stock	64,200	$0.00	64,200	D

Explanation of Responses:

1. Each RSU represents a contingent right to receive on Series A share of common stock.

2. The RSUs were granted on April 24, 2026 and will vest on April 24, 2027. The RSUs have no expiration date.

	/s/ Isela Cervantes Rodriguez, as Attorney-in-Fact, for Marco A. Baldocchi Kriete	04/28/2026
	** 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 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did the VLRS director receive in this Form 4 filing?

A Volaris board member received an award of 64,200 restricted stock units (RSUs). Each RSU represents a contingent right to receive one Series A common share, reflecting equity-based compensation rather than a cash salary payment or open-market transaction.

When do the 64,200 RSUs granted to the VLRS director vest?

The 64,200 RSUs granted to the director vest on April 24, 2027. Until vesting, they are contingent rights, meaning the director receives the underlying Series A shares only if the vesting conditions through that date are satisfied.

Does this VLRS Form 4 show the director buying or selling shares?

The Form 4 reports a grant of RSUs, not an open-market buy or sell. The transaction code is "A" for grant or award, indicating equity compensation rather than the director purchasing or disposing of existing Volaris shares in the market.

How many derivative securities does the VLRS director hold after this grant?

After the transaction, the director is shown holding 64,200 derivative securities linked to Series A common stock. This entire amount reflects the newly granted RSUs, with no additional derivative positions reported in the filing’s derivative holdings summary.

What does each RSU represent for VLRS’s Series A common stock?

Each RSU represents a contingent right to receive one Series A share of common stock. Once the RSUs vest on April 24, 2027, and subject to any conditions, the director would receive an equivalent number of Volaris Series A shares.

Is there an exercise price or expiration date on the VLRS RSU grant?

The RSU grant carries no exercise price, shown at 0.0000, meaning no cash payment is required to receive shares upon vesting. The footnotes state the RSUs have no expiration date, with vesting scheduled for April 24, 2027.