Vesta Real Estate (VTMX) portfolio chief sells 200,000 shares

Rhea-AI Filing Summary

Vesta Real Estate Corporation, S.A.B. de C.V. Chief Portfolio Officer Diego Berho Carranza reported an open-market sale of 200,000 ordinary shares of the company. The shares were sold at $3.41 per share, which the footnote states equals MXN $59.50 per ordinary share. Following this transaction, he directly holds 1,585,194 ordinary shares of Vesta.

Insider Trade Summary

Net Seller: 200,000 shares

Net Sell 1 txn

Insider Berho Carranza Diego

Role Chief Portfolio Officer

Sold 200,000 shs ($682K)

Type	Security	Shares	Price	Value
Sale	ORDINARY SHARES	200,000	$3.41	$682K

Holdings After Transaction: ORDINARY SHARES — 1,585,194 shares (Direct)

Footnotes (1)

1. F1. Represents a per Ordinary Share sale price of MXN $59.50.

Key Figures

Shares sold: 200,000 shares Sale price (USD): $3.41 per share Sale price (MXN): MXN $59.50 per share +2 more

5 metrics

Shares sold 200,000 shares Open-market sale of ordinary shares

Sale price (USD) $3.41 per share Price for the 200,000 ordinary shares sold

Sale price (MXN) MXN $59.50 per share Per-share sale price per footnote

Shares held after 1,585,194 shares Direct holdings following the transaction

Net share change -200,000 shares Net buy/sell direction in transaction summary

Key Terms

open-market sale, ORDINARY SHARES, Form 4, Chief Portfolio Officer, +1 more

5 terms

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

ORDINARY SHARES financial

"security_title: "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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Chief Portfolio Officer financial

"officer_title: "Chief Portfolio Officer""

transaction code "S" financial

"transaction_code_description: "Sale in open market or private transaction""

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

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Accepted by SEC EDGAR 05/22/2026 - 05:42 PM Learn about SEC filing dates

FAQ

What insider transaction did VTMX report for Diego Berho Carranza?

Vesta Real Estate reported that Chief Portfolio Officer Diego Berho Carranza executed an open-market sale of 200,000 ordinary shares. This transaction was disclosed on a Form 4 and reflects a reduction in his directly held stake in the company.

At what price were the VTMX shares sold in this Form 4 filing?

The 200,000 Vesta ordinary shares were sold at $3.41 per share. A footnote explains this corresponds to a per share sale price of MXN $59.50, indicating the transaction’s pricing in both U.S. dollar and Mexican peso terms.

How many Vesta (VTMX) shares does Diego Berho Carranza hold after the sale?

After selling 200,000 ordinary shares, Chief Portfolio Officer Diego Berho Carranza directly holds 1,585,194 ordinary shares of Vesta Real Estate. This figure represents his remaining direct ownership position as reported in the Form 4 filing.

What type of transaction is disclosed in the VTMX Form 4 for Diego Berho Carranza?

The Form 4 describes the transaction as an open-market sale of ordinary shares, coded as “S” for sale. This means the shares were sold on the market or in a private sale, rather than being part of an option exercise, gift, or tax withholding.

Does the VTMX Form 4 show any derivative securities for Diego Berho Carranza?

The filing’s derivative section is empty, indicating no reported option exercises, conversions, or other derivative security transactions in this Form 4. The disclosed activity relates solely to the sale of non-derivative ordinary shares of Vesta.

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 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)
	Chief Portfolio Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

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	05/20/2026		S		200,000	D	$3.41(1)	1,585,194	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. Represents a per Ordinary Share sale price of MXN $59.50.

	/s/ Diego Berho Carranza	05/22/2026
	** 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)