4Filed Aug 3, 8:00 PM ET
Grupo Aeromexico (AERO) Director Andres Borrego Buys 7,700 ADSs
$AERO · Grupo Aeromexico, S.A.B. de C.V.Research Summary
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Grupo Aeromexico (AERO) Director Andres Borrego Buys 7,700 ADSs
What Happened
- Andres Borrego, a director of Grupo Aeromexico (AERO), made an open-market purchase (code P) of 7,700 American Depositary Shares (ADSs) on 2026-08-03. The weighted average price reported was $15.83 per ADS, for an aggregate cost of approximately $121,892. This was a buy (acquisition), not a sale.
Key Details
- Transaction date: 2026-08-03 (Form filed 2026-08-04; appears timely).
- Price: weighted average $15.83 per ADS; actual trades ranged from $15.7500 to $15.8399. Reporting person can provide per-trade breakdown on request (see footnote).
- Quantity: 7,700 ADSs purchased (ADS = 10 common shares).
- Aggregate value: ~$121,892.
- Shares owned after transaction: not disclosed in the filing.
- Notes: Filing includes footnote that each ADS represents 10 common shares (F1) and that the reported price is a weighted average of multiple trades (F2).
- Regulatory remark: As a foreign private issuer, Aeromexico’s insiders’ transactions are exempt from Sections 16(b) and 16(c) of the Exchange Act (per filing remark).
Context
- This was a straightforward open-market purchase of ADSs (not an option exercise or award). Purchases can be of interest to investors as a direct acquisition of company stock; the filing provides no explanation or indication of intent.