CEMEX (CX) CFO Maher Al Haffar Receives Award; 203K Shares Withheld
$CX · CEMEX SAB DE CVResearch Summary
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CEMEX (CX) CFO Maher Al Haffar Receives Award; 203K Shares Withheld
What Happened Maher Al Haffar, EVP of Finance & Admin and CFO of CEMEX SAB DE CV (CX), received 394,460 Ordinary Participation Certificates (OPCs) as an award/vesting on August 14, 2026. Of those, 203,360 OPCs were surrendered/withheld at $12.13 each to cover tax liability, a disposition valued at approximately $2,466,757. The award shows an acquisition at $0 (vesting/grant).
Key Details
- Transaction dates: August 14, 2026 (reported on Form 4 filed Aug 18, 2026). Filing was timely (filed within the normal 2 business-day window).
- Grant/Award (code A): 394,460 OPCs acquired at $0.00 (vesting).
- Tax withholding (code F): 203,360 OPCs disposed at $12.13 each; total value ≈ $2,466,757.
- Footnote: 384,560 OPCs vested under the 2023 compensation plan; 9,900 OPCs were added as a technical adjustment for tax payment and/or cash dividend (total = 394,460).
- ADS conversion: 1 American Depositary Share (ADS) = 10 OPCs. Equivalent = 39,446 ADS granted; 20,336 ADS withheld.
- Shares owned after the transactions are not specified in the provided filing.
Context This filing reflects a routine vesting of compensation awards with a portion of shares withheld to satisfy tax obligations (a common administrative step), not an open-market sale or purchase signal. The grant was recorded as an acquisition by vesting; the withheld disposition (F) is a tax-related transfer rather than an intentional market sale.