Vesta officer sells 6,219 shares at $3.48

VTMX’s Chief Portfolio Officer sold a small block of shares and remains a large direct holder after the September 4, 2026 transaction.

Rhea-AI Filing Summary

Vesta Real Estate Corporation, S.A.B. de C.V. (VTMX) reported that its Chief Portfolio Officer, Diego Berho Carranza, sold 6,219 ordinary shares on September 4, 2026, in a sale characterized as an open-market or private transaction at about $3.48 per share, with a footnote stating a per-share sale price of MXN$59.00. After this transaction, he directly holds 1,715,475 ordinary shares, and no Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Net Seller: 6,219 shares

Net Sell 1 txn

Insider Berho Carranza Diego

Role Chief Portfolio Officer

Sold 6,219 shs ($22K)

Type	Security	Shares	Price	Value
Sale	ORDINARY SHARES F1	6,219	$3.48	$22K

Holdings After Transaction: ORDINARY SHARES — 1,715,475 shares (Direct)

Footnotes (1)

1. F1. exercise price represents a per ordinary share sale price of mxn$59.00

Key Figures

Shares sold: 6,219 ordinary shares Sale price per share: $3.48 per share Sale price per share (MXN): MXN$59.00 per share +1 more

4 metrics

Shares sold 6,219 ordinary shares Sale by Chief Portfolio Officer on September 4, 2026

Sale price per share $3.48 per share Reported transaction price for the 6,219-share sale

Sale price per share (MXN) MXN$59.00 per share Footnote: exercise price represents a per ordinary share sale price

Shares owned after transaction 1,715,475 ordinary shares Direct holdings of the Chief Portfolio Officer following the sale

Key Terms

Sale in open market or private transaction, ORDINARY SHARES, Rule 10b5-1, Chief Portfolio Officer

4 terms

Sale in open market or private transaction financial

"Described as a sale in open market or private transaction"

ORDINARY SHARES financial

"The security involved is listed as ORDINARY SHARES"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

Rule 10b5-1 regulatory

"No Rule 10b5-1 trading plan is reported for this sale"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

Chief Portfolio Officer other

"Reporting person is identified as Chief Portfolio Officer"

FAQ

What insider transaction did VTMX disclose in this Form 4?

The filing reports that Chief Portfolio Officer Diego Berho Carranza sold 6,219 ordinary shares of Vesta Real Estate Corporation, S.A.B. de C.V. on September 4, 2026 in a transaction described as a sale in an open market or private transaction.

At what price were the VTMX shares sold in this insider transaction?

The sale involved 6,219 ordinary shares at about $3.48 per share. A related footnote states that the exercise price represents a per ordinary share sale price of MXN$59.00, indicating the transaction was referenced in both U.S. dollar and Mexican peso terms.

How many VTMX shares does the insider hold after the reported sale?

After the September 4, 2026 sale, Chief Portfolio Officer Diego Berho Carranza directly holds 1,715,475 ordinary shares of Vesta Real Estate Corporation, S.A.B. de C.V. The filing characterizes this ownership as direct.

Was the VTMX insider sale made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates that the Rule 10b5-1 checkbox is not affirmed, and no footnote states that the September 4, 2026 sale was made pursuant to a Rule 10b5-1 trading plan or other pre-arranged trading arrangement.

Who is the reporting person in VTMX’s Form 4 filing?

The reporting person is Diego Berho Carranza, identified as the Chief Portfolio Officer of Vesta Real Estate Corporation, S.A.B. de C.V. He is not listed as a director or ten percent owner based on the checkboxes in this filing.

What type of security did the VTMX insider sell?

The transaction involves ORDINARY SHARES of Vesta Real Estate Corporation, S.A.B. de C.V. The sale of 6,219 ordinary shares on September 4, 2026 reduced the reporting person’s directly held ordinary share position to 1,715,475 shares.

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Available on EDGAR 09/08/2026 - 07:23 PM Accepted by SEC EDGAR 09/08/2026 - 07:22 PM Learn about SEC filing dates

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^*

Berho Carranza Diego

(Last) (First) (Middle)

PASEO DE LOS TAMARINDOS NO. 90, TORRE 2

PISO 28, COL. BOSQUES DE LAS LOMAS

(Street)

CUAJIMALPA MEXICO CP 05120

(City) (State) (Zip)

MEXICO

(Country)

2. Issuer Name and Ticker or Trading Symbol
Vesta Real Estate Corporation, S.A.B. de C.V. [ VTMX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol
[VESTA]

3. Date of Earliest Transaction (Month/Day/Year)
09/04/2026

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)
			Code	V	Amount	(A) or (D)	Price
ORDINARY SHARES	09/04/2026		S		6,219	D	$3.48(1)	1,715,475	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. exercise price represents a per ordinary share sale price of mxn$59.00

	DIEGO BERHO CARRANZA	09/08/2026
	** 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)