[Form 3] Vesta Real Estate Corporation, S.A.B. de C.V. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Vesta Real Estate Corporation, S.A.B. de C.V. Chief Investment Officer Rodrigo Cueto Bosch has filed an initial ownership report showing 51,001 Ordinary Shares held directly. This Form 3 is a disclosure of existing holdings and does not record any new buy or sell transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider CUETO BOSCH RODRIGO

Role Chief Investment Officer

Type	Security	Shares	Price	Value
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Ordinary Shares — 51,001 shares (Direct)

Footnotes (1)

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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^*

CUETO BOSCH RODRIGO

(Last) (First) (Middle)

PASEO DE LOS TAMARINDOS NO. 90, TORRE 2

PISO 28, COL. BOSQUES DE LAS LOMAS

(Street)

CUAJIMALPA, MEXICO CITY CP 5120

(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
Vesta Real Estate Corporation, S.A.B. de C.V. [ VTMX ]

3a. Foreign Trading Symbol

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 Investment 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)
Ordinary Shares	51,001	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)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Rodrigo Cueto Bosch	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)

FAQ

What does the VTMX Form 3 filing by Rodrigo Cueto Bosch show?

The Form 3 shows Rodrigo Cueto Bosch, Vesta’s Chief Investment Officer, directly holding 51,001 Ordinary Shares. This is an initial ownership disclosure, establishing his reported stake when he became a reporting insider for Vesta Real Estate Corporation.

Did the VTMX Form 3 disclose any share purchases or sales?

No, the Form 3 does not disclose purchases or sales. It records existing ownership of 51,001 Ordinary Shares, meaning there is no new buy or sell transaction associated with this specific insider filing for Vesta Real Estate Corporation.

What role does the insider in VTMX’s Form 3 hold at the company?

The insider in VTMX’s Form 3, Rodrigo Cueto Bosch, serves as Chief Investment Officer of Vesta Real Estate Corporation. The filing links his executive role with a reported direct ownership position of 51,001 Ordinary Shares in the company.

Is the 51,001-share position in VTMX held directly or indirectly?

The Form 3 indicates the 51,001 Ordinary Shares are held directly by Rodrigo Cueto Bosch. The ownership code is noted as direct, and there is no indication of intermediary entities such as trusts or partnerships in this filing excerpt.

Why is VTMX’s Form 3 filing important for investors?

VTMX’s Form 3 filing establishes the baseline ownership of its Chief Investment Officer at 51,001 Ordinary Shares. This helps investors track future insider activity, as later Forms 4 or 5 will show changes against this initial reported stake.