CONESA ANDRES 4
4 · Grupo Aeromexico, S.A.B. de C.V. · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Grupo Aeromexico (AERO) CEO Andrés Conesa Buys 20,000 ADS
What Happened
Andrés Conesa, CEO of Grupo Aeromexico (AERO), made an open-market purchase of 20,000 American Depositary Shares (ADSs) on March 19, 2026. The ADSs were bought at a weighted average price of $12.91 per ADS for a total reported value of $258,200. This was an outright purchase (a buy), which investors often view as a stronger signal than routine sales.
Key Details
- Transaction date: 2026-03-19; Form 4 filed 2026-03-23 (reporting period 2026-03-19). No late-filing flag is indicated in the provided data.
- Price: weighted average $12.91 per ADS; purchase prices ranged from $12.855 to $12.925 across multiple trades.
- Shares bought: 20,000 ADSs (total cost $258,200). Each ADS represents 10 common shares, so the economic equivalent is 200,000 common shares.
- Shares owned after transaction: not specified in the information provided.
- Footnotes: F1 confirms these were ADSs (1 ADS = 10 common shares). F2 notes the reported price is a weighted average and the filer can provide the breakdown of trades by price on request.
- Regulatory note: Because Aeromexico is a foreign private issuer (Rule 3a12‑3(b)), the reporting person's transactions are exempt from Sections 16(b) and 16(c) of the Exchange Act.
Context
ADS = American Depositary Share (a US-traded instrument representing underlying foreign common stock). The filing treats this as an open-market purchase of ADSs (not an option exercise or award). The foreign private issuer exemption affects certain short-swing profit rules but does not remove the public disclosure requirement reflected in this Form 4. No motivation or insider trading intent is stated in the filing.
Insider Transaction Report
- Purchase
American Depositary Shares
[F1][F2]2026-03-19$12.91/sh+20,000$258,200→ 20,000 total→ Common shares, without nominal value
Footnotes (2)
- [F1]The reported transaction was effected in American Depositary Shares (ADSs), each representing 10 common shares.
- [F2]The price reported in Column 8 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $12.855 to $12.925, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.