garza garza Alfonso 4

What Happened
Alfonso Garza Garza, a director of Mexican Economic Development Inc. (ticker: FMX), sold a total of 209,264 shares in four open-market transactions between March 18 and March 23, 2026. Each sale was for 52,316 shares at the following prices and gross amounts: $10.60 (≈ $554,435), $10.56 (≈ $552,352), $10.26 (≈ $536,903), and $10.31 (≈ $539,205) — about $2.18 million total. These were sales (dispositions), which are often routine insider liquidity events rather than signals of company performance.

Key Details

• Transaction dates and prices:
  • 2026-03-18: 52,316 shares @ $10.60 — $554,435
  • 2026-03-19: 52,316 shares @ $10.56 — $552,352
  • 2026-03-20: 52,316 shares @ $10.26 — $536,903
  • 2026-03-23: 52,316 shares @ $10.31 — $539,205
• Total shares sold: 209,264; approximate total proceeds: $2,182,895.
• Filing: Form 4 filed March 25, 2026, covering transactions dated March 18–23, 2026. The filing does not indicate a late-filing flag.
• Shares owned after the transactions: Not specified in the provided filing details.
• Notable footnotes:
  • F1: Transactions were carried out in Mexican pesos; conversion used MXN 17.7782 = USD 1.00.
  • F2–F3: Reported securities are held as BD Units or B Units (each BD Unit = 1 Series B + 2 Series D-B + 2 Series D-L; each B Unit = 5 Series B shares).
  • F4–F5: Some securities are held in trusts (BBVA Mexico Trust No. F/4112454 and Invex Voting Trust No. 463). The reporting person disclaims pecuniary interests other than interests from securities contributed to the voting trust.

Context
These were open-market sales (code S) by a company director. Sales can be routine (liquidity or portfolio management) and do not, by themselves, indicate insider knowledge about future company performance. The filing shows the holdings are structured as unitized securities and held in trusts, which can affect how beneficial ownership and voting/dispositive power are reported.