CEMEX (CX) EVP Louisa Rodriguez Receives Award, Sells Shares for Taxes

What Happened

• Louisa Rodriguez, EVP Communications, PA & IR at CEMEX (CX), received 216,900 Ordinary Participation Certificates (OPCs) as a compensation vesting/award on Aug 14, 2026 (acquired at $0.00). To cover tax withholding, 96,640 OPCs were surrendered/disposed at $12.13 per share for proceeds of $1,172,243.
• The disposition is reported under code F (payment of exercise price or tax liability), indicating the sale was to satisfy tax withholding rather than a market-driven sell decision.

Key Details

• Transaction date: August 14, 2026; Form 4 filed August 18, 2026.
• Award/vesting: 216,900 OPCs granted/acquired at $0.00.
• Tax withholding sale: 96,640 OPCs disposed at $12.13, totaling $1,172,243.
• Footnote: 211,460 OPCs vested from a 2023 compensation plan; an additional 5,440 OPCs were granted as a technical adjustment for tax payment and/or cash dividend.
• ADS note: OPCs may be represented by American Depositary Shares (ADS); 1 ADS = 10 OPC. (So 216,900 OPC ≈ 21,690 ADS; 96,640 OPC ≈ 9,664 ADS.)
• Shares owned after the transaction are not specified in the provided filing summary.

Context

• This is a routine vesting of compensation with a contemporaneous sale to satisfy tax obligations (code F), often called a "sell-to-cover" — not necessarily a signal of a change in insider sentiment. The filing shows the vesting and the tax-related disposition; no 10b5-1 plan or other instructions are indicated in the provided notes.