What insider share sales did Vesta Real Estate (VTMX) report in this Form 4?

Vesta disclosed that Energy Manager Guillermo Del Castillo Cacho sold 15,300 ordinary shares in three transactions. The sales occurred on 2026-05-22 , 2026-06-23 and 2026-06-26 , all classified as open-market or private sales of ordinary shares.

Vesta Real Estate (NYSE: VTMX) officer sells 15,300 ordinary shares

Q: On which dates and in what amounts were VTMX shares sold by the insider?

The insider sold 8,500 shares on 2026-05-22 , and 3,400 shares on each of 2026-06-23 and 2026-06-26 . In total, the Form 4 reports 15,300 ordinary shares of Vesta Real Estate Corporation, S.A.B. de C.V. sold.

Q: At what prices were Vesta Real Estate (VTMX) shares sold in the reported transactions?

The Form 4 reports per-share prices of 3.3700 and 3.4100 . Footnotes add that the sales represent per ordinary share prices of MXN$58.50 and MXN$59.10 , providing the peso-denominated amounts for the reported transactions.

Q: Did the insider trades in Vesta (VTMX) occur under a Rule 10b5-1 trading plan?

The Form 4’s Rule 10b5-1 checkbox is not marked as affirmed , indicating the trades are not reported as executed under a Rule 10b5-1 trading plan. No footnote describes these transactions as being made pursuant to a pre-arranged trading plan.

Q: Was the Vesta Real Estate (VTMX) Form 4 filed late?

Yes. A footnote explicitly states that the Form 4 was not timely filed due to an inadvertent administrative error . This explains the timing of the filing relative to the sale dates in May and June 2026.

Q: Who is the Vesta (VTMX) insider selling shares and what is his role?

The reporting person is Guillermo Del Castillo Cacho , identified as an officer of Vesta Real Estate Corporation, S.A.B. de C.V. with the title Energy Manager . The reported transactions involve his direct ownership of ordinary shares.

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Vesta Real Estate Corporation, S.A.B. de C.V. reported that Energy Manager Guillermo Del Castillo Cacho sold a total of 15,300 ordinary shares in three open-market or private transactions on 2026-05-22, 2026-06-23 and 2026-06-26 at reported prices around 3.37–3.41 per share, with footnotes citing MXN$58.50–MXN$59.10 per ordinary share. A footnote explains the Form 4 was filed late because of an inadvertent administrative error.

Insider Trade Summary

Net Seller: 15,300 shares

Net Sell 3 txns

Insider DEL CASTILLO CACHO GUILLERMO

Role ENERGY MANAGER

Sold 15,300 shs ($52K)

Type	Security	Shares	Price	Value
Sale	ORDINARY SHARES ^{F1, F4}	3,400	$3.37	$11K
Sale	ORDINARY SHARES ^{F1, F3}	3,400	$3.37	$11K
Sale	ORDINARY SHARES ^{F1, F2}	8,500	$3.41	$29K

Holdings After Transaction: ORDINARY SHARES — 14,088 shares (Direct)

Footnotes (4)

F1. THIS FORM 4 WAS NOT TIMELY FILED DUE TO AN INADVERTENT ADMINISTRATIVE ERROR
F2. REPRESENTS A PER ORDINARY SHARE SALE PRICE OF MXN$59.10
F3. REPRESENTS A PER ORDINARY SHARE SALE PRICE OF MXN$58.50
F4. REPRESENTS A PER ORDINARY SHARE SALE PRICE OF MXN$59.10

Key Figures

Total shares sold: 15,300 shares Shares sold on 2026-05-22: 8,500 shares Per-share price on 2026-05-22: 3.4100 per share +5 more

8 metrics

Total shares sold 15,300 shares Aggregate ordinary shares sold across the three reported transactions

Shares sold on 2026-05-22 8,500 shares ORDINARY SHARES sold by the reporting officer on 2026-05-22

Per-share price on 2026-05-22 3.4100 per share Reported transaction_price_per_share for the 8,500 ORDINARY SHARES sold on 2026-05-22

MXN price on 2026-05-22 MXN$59.10 Footnote F2: represents a per ordinary share sale price of MXN$59.10

Shares sold on 2026-06-23 3,400 shares ORDINARY SHARES sold on 2026-06-23

MXN price on 2026-06-23 MXN$58.50 Footnote F3: represents a per ordinary share sale price of MXN$58.50

Shares sold on 2026-06-26 3,400 shares ORDINARY SHARES sold on 2026-06-26

MXN price on 2026-06-26 MXN$59.10 Footnote F4: represents a per ordinary share sale price of MXN$59.10

Key Terms

ORDINARY SHARES, per ordinary share sale price, inadvertent administrative error

3 terms

ORDINARY SHARES financial

"security_title: ORDINARY SHARES for each reported transaction"

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.

inadvertent administrative error regulatory

"Footnote F1 cites an “INADVERTENT ADMINISTRATIVE ERROR” for the late filing"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/24/2026 - 12:13 PM Accepted by SEC EDGAR 07/24/2026 - 12:13 PM

FAQ

On which dates and in what amounts were VTMX shares sold by the insider?

The insider sold 8,500 shares on 2026-05-22, and 3,400 shares on each of 2026-06-23 and 2026-06-26. In total, the Form 4 reports 15,300 ordinary shares of Vesta Real Estate Corporation, S.A.B. de C.V. sold.

At what prices were Vesta Real Estate (VTMX) shares sold in the reported transactions?

The Form 4 reports per-share prices of 3.3700 and 3.4100. Footnotes add that the sales represent per ordinary share prices of MXN$58.50 and MXN$59.10, providing the peso-denominated amounts for the reported transactions.

Did the insider trades in Vesta (VTMX) occur under a Rule 10b5-1 trading plan?

The Form 4’s Rule 10b5-1 checkbox is not marked as affirmed, indicating the trades are not reported as executed under a Rule 10b5-1 trading plan. No footnote describes these transactions as being made pursuant to a pre-arranged trading plan.

Was the Vesta Real Estate (VTMX) Form 4 filed late?

Yes. A footnote explicitly states that the Form 4 was not timely filed due to an inadvertent administrative error. This explains the timing of the filing relative to the sale dates in May and June 2026.

Who is the Vesta (VTMX) insider selling shares and what is his role?

The reporting person is Guillermo Del Castillo Cacho, identified as an officer of Vesta Real Estate Corporation, S.A.B. de C.V. with the title Energy Manager. The reported transactions involve his direct ownership of ordinary shares.

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^*

DEL CASTILLO CACHO GUILLERMO

(Last)

(First)

(Middle)

PASEO DE LOS TAMARINDOS NO. 90, TORRE 2

PISO 28, COL. BOSQUES DE LAS LOMAS

(Street)

CUAJIMALPA, MEXICO CITY

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)
	ENERGY MANAGER

2a. Foreign Trading Symbol
[VESTA]

3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026

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)
ORDINARY SHARES	05/22/2026⁽¹⁾		S		8,500	D	$3.41⁽²⁾	20,888	D
ORDINARY SHARES	06/23/2026⁽¹⁾		S		3,400	D	$3.37⁽³⁾	17,488	D
ORDINARY SHARES	06/26/2026⁽¹⁾		S		3,400	D	$3.37⁽⁴⁾	14,088	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)
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)

Explanation of Responses:

1. THIS FORM 4 WAS NOT TIMELY FILED DUE TO AN INADVERTENT ADMINISTRATIVE ERROR

2. REPRESENTS A PER ORDINARY SHARE SALE PRICE OF MXN$59.10

3. REPRESENTS A PER ORDINARY SHARE SALE PRICE OF MXN$58.50

4. REPRESENTS A PER ORDINARY SHARE SALE PRICE OF MXN$59.10

	GUILLERMO DEL CASTILLO CACHO	07/24/2026
	** 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