Diez-Barroso Azcarraga Laura 4

What Happened

• Laura Diez-Barroso, a director of Pacific Airport Group (PAC), was involved in a merger-related recapitalization on May 6, 2026. Per the filing she received 19,438,479 Series B shares and 25,263,873 Series BB shares for no cash consideration. At the same time, 21,628,281 Series B shares and 75,791,619 Series BB shares that had been held indirectly through Aeropuertos Mexicanos del Pacifico, S.A.P.I. de C.V. (AMP) were cancelled/terminated under the merger agreement. The filing also reports 25,956,136 Series B shares that are held by her spouse (she disclaims beneficial ownership except for any pecuniary interest).

Key Details

• Transaction date: May 6, 2026; Form 4 filed May 12, 2026.
• Prices reported: acquisitions shown as $0.00 (no cash consideration) or N/A for cancelled/terminated positions.
• Shares received: 19,438,479 Series B and 25,263,873 Series BB (Series BB are convertible 1:1 into Series B at holder’s election, subject to bylaws).
• Shares cancelled: 21,628,281 Series B and 75,791,619 Series BB held indirectly through AMP were terminated under the merger agreement.
• Spouse holdings: 25,956,136 Series B are reported as held by the reporting person’s spouse; the reporting person disclaims beneficial ownership except to the extent of pecuniary interest.
• Shares owned after transaction: not specified in the provided filing.
• Filing timeliness: Form filed six days after the May 6 transaction (Form 4s are typically due within 2 business days), so investors may note the later filing date.

Context

• These were not open-market buys or sales but merger consideration and structural cancellations—receipts of shares for no cash and cancellations were part of the issuer’s merger agreement. Series BB are derivative/convertible securities (convertible into Series B shares at the holder’s election). Because some shares were held indirectly through AMP and some by the insider’s spouse, the reporting person disclaims beneficial ownership of those particular holdings except for any pecuniary interest; this is a common disclosure in corporate reorganizations and does not by itself indicate trading sentiment.