Director at Vesta (NYSE: VTMX) sells 1M shares, keeps 21.4M stake

Rhea-AI Filing Summary

Vesta Real Estate Corporation director Lorenzo Manuel Berho Corona reported an open-market sale of 1,000,000 Ordinary Shares on May 20, 2026 at $3.41 per share, which the footnotes also describe as MXN $59.33 per share.

After this transaction, he holds 21,374,883 Ordinary Shares directly and an additional 183,729 Ordinary Shares indirectly through family members, as disclosed in the Form 4.

Insider Trade Summary

Net Seller: 1,000,000 shares

Net Sell 2 txns

Insider BERHO CORONA LORENZO MANUEL

Role Director

Sold 1,000,000 shs ($3.41M)

Type	Security	Shares	Price	Value
Sale	ORDINARY SHARES	1,000,000	$3.41	$3.41M
holding	ORDINARY SHARES	--	--	--

Holdings After Transaction: ORDINARY SHARES — 21,374,883 shares (Direct); ORDINARY SHARES — 183,729 shares (Indirect, See Footnote)

Footnotes (2)

1. F1. Exercise price represents a per Ordinary Share sale price of MXN $59.33.
2. F2. Represents Ordinary Shares held directly by the Reporting Person's family members.

Key Figures

Shares sold: 1,000,000 shares Sale price per share (USD): $3.41 per share Sale price per share (MXN): MXN $59.33 per share +3 more

6 metrics

Shares sold 1,000,000 shares Open-market sale of Ordinary Shares on May 20, 2026

Sale price per share (USD) $3.41 per share Price for 1,000,000 Ordinary Shares sold

Sale price per share (MXN) MXN $59.33 per share Per-share price disclosed in footnote

Direct holdings after transaction 21,374,883 shares Ordinary Shares held directly after the sale

Indirect holdings after transaction 183,729 shares Ordinary Shares held indirectly through family members

Net buy/sell shares -1,000,000 shares Net effect across reported transactions

Key Terms

open-market sale, Ordinary Shares, indirect ownership, Form 4

4 terms

open-market sale financial

"Sale in open market or private transaction"

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

"Exercise price represents a per Ordinary Share sale price"

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.

indirect ownership financial

"Represents Ordinary Shares held directly by the Reporting Person's family members."

Form 4 regulatory

"The filing also shows 183,729 Ordinary Shares held indirectly"

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.

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

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 05/22/2026 - 05:53 PM Learn about SEC filing dates

FAQ

What insider transaction did Vesta Real Estate (VTMX) report for Lorenzo Manuel Berho Corona?

Vesta reported that director Lorenzo Manuel Berho Corona sold 1,000,000 Ordinary Shares in an open-market transaction. The shares were sold at $3.41 per share, with a corresponding price of MXN $59.33 noted in the footnotes.

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

The 1,000,000 Ordinary Shares were sold at $3.41 per share, with the footnotes also stating a sale price of MXN $59.33 per Ordinary Share. This reflects the per-share consideration received in the reported open-market transaction.

How many Vesta (VTMX) shares does Lorenzo Manuel Berho Corona hold after the sale?

Following the transaction, Lorenzo Manuel Berho Corona directly holds 21,374,883 Ordinary Shares. The filing also shows 183,729 Ordinary Shares held indirectly through his family members, giving a clearer picture of his remaining economic interest.

Is any of Lorenzo Manuel Berho Corona’s Vesta (VTMX) ownership indirect?

Yes. The Form 4 discloses 183,729 Ordinary Shares held indirectly, described in the footnotes as shares held directly by the reporting person’s family members. These are reported as indirect ownership with a note to see the footnote explanation.

What does the Form 4 say about the nature of the Vesta (VTMX) share transaction?

The transaction is classified as a non-derivative open-market sale of Ordinary Shares, coded as “S.” The transaction code description specifies it as a sale in an open market or private transaction, confirming it was not a derivative exercise or gift.

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 CORONA LORENZO MANUEL

(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)

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

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		1,000,000	D	$3.41(1)	21,374,883	D
ORDINARY SHARES								183,729	I	See Footnote(2)

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 $59.33.

2. Represents Ordinary Shares held directly by the Reporting Person's family members.

Remarks:

Exhibit 24 - Power of Attorney

	Lorenzo Manuel Berho Corona	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)