Hochschild Beeck Eduardo 4
Research Summary
AI-generated summary
Cementos Pacasmayo (CPAC) 10% Owner Eduardo Hochschild Sells Shares
What Happened
- Eduardo Hochschild (reported as a 10% owner) disposed of 211,985,547 shares of Cementos Pacasmayo SAA (CPAC) on 2026-03-30. The Form 4 reports the transaction as a sale (code S) with a reported price per share of $0.00 and total reported value of $0. The filing’s footnote states the shares were disposed of in connection with Holcim Ltd.'s acquisition of an indirect majority stake in Cementos Pacasmayo.
Key Details
- Transaction date: 2026-03-30; Form 4 filed: 2026-04-01 (appears timely).
- Reported transaction type: Sale (S) — listed as "open market or private sale" on the form.
- Shares disposed: 211,985,547; reported price per share: $0.00; reported total proceeds: $0.
- Shares owned after the transaction: not specified in the filing.
- Footnote: F1 — disposal occurred as part of Holcim Ltd.’s acquisition of an indirect majority stake in Cementos Pacasmayo.
Context
- The $0.00 per-share reporting and the footnote indicate the shares were transferred as part of an acquisition transaction rather than a typical open‑market cash sale; the filing does not state cash proceeds. As a 10% owner, this is an institutional-level disposition tied to a change in company control rather than a routine personal sale.