4Filed Aug 16, 8:00 PM ET
CEMEX EVP Naya Barba Receives Award, Sells 133,970 Shares
$CX · CEMEX SAB DE CVResearch Summary
AI-generated summary of this SEC filing
CEMEX EVP Naya Barba Receives Award, Sells 133,970 Shares
What Happened
- Naya Barba, EVP Sustainability, Operations & Ventures at CEMEX (CX), received 382,730 Ordinary Participation Certificates (OPCs) as vested compensation on Aug 14, 2026 (no purchase price). On the same date, 133,970 OPCs were sold/forfeited to satisfy tax obligations at $12.13 per OPC, yielding $1,625,056. The filing was submitted Aug 17, 2026.
Key Details
- Transaction dates: Aug 14, 2026 (vesting and tax withholding sale); Form 4 filed Aug 17, 2026 — appears timely.
- Award (code A): 382,730 OPCs granted/vested at $0.00.
- Tax withholding (code F): 133,970 OPCs disposed at $12.13 for $1,625,056.
- ADS equivalence (footnote): 1 ADS = 10 OPCs → 38,273 ADS vested, 13,397 ADS sold.
- Shares owned after transaction: not disclosed in the filing.
- Footnotes: F1 — 373,120 OPCs vested from the 2023 compensation plan plus 9,610 OPCs added for technical adjustment for tax payment/cash dividend; F2 — OPCs may be represented by ADS.
Context
- This was primarily a vesting of company awards combined with a routine tax-withholding disposition (cashless sale) rather than an open‑market investment decision. Such sales to cover taxes are common and do not necessarily signal a change in insider sentiment.