Saldana Madero Roger 4
Research Summary
AI-generated summary
CEMEX (CX) SVP Legal Roger Saldana Madero Receives Award; Sells 14,290 Shares
What Happened
- Roger Saldana Madero, Senior Vice President of Legal at CEMEX SAB DE CV (CX), had 31,547 American Depositary Shares (ADS) granted/vested on June 12, 2026 and 14,290 ADS were surrendered the same day to cover tax withholding. The surrendered shares were reported as disposed at $12.25 each, totaling $175,053. The 31,547 ADS acquisition reported at $0.00 reflects the vesting/grant of compensation.
Key Details
- Transaction dates: June 12, 2026 (reported on Form 4 filed June 16, 2026).
- Codes: A = Award/Grant/acquisition (31,547 ADS @ $0.00); F = Payment of exercise price/tax liability (14,290 ADS disposed @ $12.25, $175,053).
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnote: On June 12, 2026, 30,994 ADS vested from CEMEX compensation plans for 2023–2025; an additional 553 ADS were granted due to a technical adjustment cash dividend.
- Timeliness: Form 4 was filed June 16, 2026, within the standard reporting window for a June 12 transaction.
Context
- This activity reflects vested compensation and routine tax withholding (shares surrendered to cover tax obligations), not an open-market sale for investment purposes. Such award vesting and withholding are common for executives and do not, by themselves, indicate a change in the insider’s view of the company.