Director at Vesta (NYSE: VTMX) reports 13,223 Ordinary Shares

Rhea-AI Filing Summary

Vesta Real Estate Corporation, S.A.B. de C.V. director Oscar Francisco Cazares Elias has filed an initial ownership report on Form 3. The filing shows direct ownership of 13,223 Ordinary Shares of Vesta following the reported position, with no specific buy or sell transaction detailed.

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

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1. Name and Address of Reporting Person^*

CAZARES ELIAS OSCAR FRANCISCO

(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)

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)
Ordinary Shares	13,223	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:

	/s/ Oscar Francisco Cazares Elias	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 Vesta (VTMX) Form 3 filing by Oscar Francisco Cazares Elias show?

The Form 3 filing reports that director Oscar Francisco Cazares Elias directly holds 13,223 Ordinary Shares of Vesta Real Estate Corporation, S.A.B. de C.V. It is an initial ownership statement, not a record of a new purchase or sale.

Is the Vesta (VTMX) Form 3 a buy or sell transaction?

The Form 3 for Vesta does not record a buy or sell. It lists an existing holding of 13,223 Ordinary Shares by director Oscar Francisco Cazares Elias, serving as a baseline ownership disclosure required when someone becomes an insider.

How many Vesta (VTMX) shares does Oscar Francisco Cazares Elias own according to the Form 3?

According to the Form 3, Oscar Francisco Cazares Elias directly owns 13,223 Ordinary Shares of Vesta Real Estate Corporation, S.A.B. de C.V. This figure represents his reported beneficial ownership position following the filing date.

Does the Vesta (VTMX) Form 3 include any derivative securities?

The Form 3 data for Vesta shows only Ordinary Shares and no derivative securities. The derivative section is empty, indicating no options, warrants, or similar derivative holdings are reported for Oscar Francisco Cazares Elias in this filing.

What type of ownership is reported in the Vesta (VTMX) Form 3?

The Form 3 reports direct ownership of Vesta shares by Oscar Francisco Cazares Elias. The entry lists 13,223 Ordinary Shares held directly, meaning the shares are not reported as held through a trust, partnership, or other indirect entity.