Vesta (VTMX) officer files Form 3 showing 8,366 Ordinary Shares owned

Rhea-AI Filing Summary

Vesta Real Estate Corporation, S.A.B. de C.V. insider Luis Felipe Cepeda Mayorga, a senior manager for capital projects in the Bajio-S region, reported his initial holdings on a Form 3. He directly owns 8,366 Ordinary Shares of VTMX after the reported position, with no specific buy or sell transaction disclosed.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider CEPEDA MAYORGA LUIS FELIPE

Role Sr Man. Cap Projects Bajio-S

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

Holdings After Transaction: Ordinary Shares — 8,366 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^*

CEPEDA MAYORGA LUIS FELIPE

(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)
	Sr Man. Cap Projects Bajio-S

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	8,366	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/ Luis Felipe Cepeda Mayorga	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 filed by Luis Felipe Cepeda Mayorga show?

The Form 3 shows that insider Luis Felipe Cepeda Mayorga directly holds 8,366 Ordinary Shares of Vesta Real Estate Corporation. It is an initial ownership report, not a record of new buying or selling activity in the company’s stock.

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

The filing did not disclose any recent purchases or sales. It records a holding entry with 8,366 Ordinary Shares directly owned, and transaction fields indicate an unknown transaction code with no buy or sell shares reported in the transaction summary.

What is the role of Luis Felipe Cepeda Mayorga at Vesta Real Estate Corporation (VTMX)?

Luis Felipe Cepeda Mayorga is reported as an officer of Vesta, with the title Sr Man. Cap Projects Bajio-S. This indicates a senior management role overseeing capital projects in the Bajio-S region for the company.

How many VTMX shares does the insider hold after the reported Form 3 position?

After the reported position, the insider directly holds 8,366 Ordinary Shares of VTMX. The total_shares_following_transaction field shows 8,366.0000 shares, with ownership type coded as direct and no derivative securities listed.

Does the VTMX Form 3 include any derivative securities for the insider?

The Form 3 does not list any derivative securities for this insider. The derivativeSummary section is empty, and the transactionSummary shows zero derivative transaction count, indicating only direct ownership of Ordinary Shares is reported.

Is this VTMX Form 3 filing a material trading signal for investors?

The Form 3 is primarily an administrative ownership disclosure. It records that an officer holds 8,366 Ordinary Shares but does not show active buying or selling, derivative exercises, or other large transactions that would typically carry a stronger trading signal.