CEMEX SVP Roger Saldana Madero Receives Award; Shares Withheld

What Happened

• Roger Saldana Madero, Senior Vice President of Legal at CEMEX SAB DE CV (CX), had 193,070 Ordinary Participation Certificates (OPCs) vest/awarded on Aug 14, 2026 (acquired at $0.00). To cover tax obligations, 67,590 OPCs were disposed on the same date at $12.13 each, generating $819,867.
• The 193,070 OPCs consist of 188,230 vested awards from a 2023 compensation plan plus 4,840 OPCs granted as a technical adjustment for tax payment and/or cash dividend (see footnote).

Key Details

• Transaction date: August 14, 2026. Form 4 filed August 17, 2026 (timely).
• Award/acquisition: 193,070 OPCs @ $0.00 (vesting/award).
• Tax withholding/disposition: 67,590 OPCs @ $12.13 = $819,867 (code F — payment of tax liability).
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1: 188,230 OPCs vested under a 2023 compensation plan; 4,840 OPCs added as technical adjustment.
  • F2: ADS conversion — 1 American Depositary Share (ADS) represents 10 OPCs. (So 193,070 OPCs = 19,307 ADS; 67,590 OPCs = 6,759 ADS.)
• No indication of a 10b5-1 plan or other trading program; this appears to be routine vesting and tax withholding.

Context

• This filing reflects a compensation vesting event (not an open‑market purchase) with a routine share disposition to satisfy taxes. Such withholding/sales to cover tax liabilities are common and are not necessarily a signal of insider sentiment.
• The acquisition price of $0.00 denotes shares issued/vested as compensation rather than bought.