America Movil (AMX) CFO Carlos Garcia Exercises Options

What Happened Carlos Jose Garcia Moreno Elizondo, Chief Financial Officer of America Movil (AMX), exercised in‑the‑money derivative awards on August 21, 2026 to acquire a total of 952,000 Series B shares (reported as 47,600 ADRs; each ADR = 20 Series B shares). The exercises were in three blocks: 464,000 shares at $1.05 ($487,200), 144,000 shares at $1.10 ($158,400), and 344,000 shares at $1.15 ($395,600), for a combined cash outlay of $1,041,200. Several previously reported put options expired unexercised and for no value on the same date.

Key Details

• Transaction date: August 21, 2026. Filing date: August 25, 2026 (filed within the 2 business‑day Form 4 window).
• Exercises: 464,000 @ $1.05 = $487,200; 144,000 @ $1.10 = $158,400; 344,000 @ $1.15 = $395,600. Total acquired = 952,000 Series B shares; total paid = $1,041,200.
• Small derivative dispositions reported at $0.00 (232, 72 and 172 shares) correspond to put options that expired unexercised on Aug 21, 2026 (exempt per Rules 16a‑4(d) and 16b‑6(d)).
• Holdings after transaction (as reported): 23,200 ADRs (F1), 7,200 ADRs (F4), and 17,200 ADRs (F5) — combined 47,600 ADRs = 952,000 Series B shares.
• Footnotes: exercise prices were adjusted to per‑Series B share basis (F2). Some securities are held by Inmobiliaria Evian‑Chamonix S.A. de C.V.; the reporting person is its majority shareholder (F3). Exhibit 24: Power of Attorney is attached.

Context This was an option exercise (code M) resulting in share acquisition — a purchase of shares rather than an open‑market sale. The filing also documents expired put options that generated no proceeds and are exempt from Section 16 reporting consequences. The report appears timely under Section 16 rules.