Zambrano Lozano Rogelio 4

What Happened

• Rogelio Zambrano, a director of CEMEX SAB DE CV (ticker: CX), was granted an award of 205,579 American Depositary Shares (ADS) on May 1, 2026. The grant is reported at $0.00 per share (no cash purchase). The award vests in four equal installments: one-quarter vested on May 1, 2026, and the remaining three installments vest on May 1 of 2027, 2028 and 2029.
• This was a compensation/retention award (transaction code A), not an open-market purchase or sale. Awards like this do not require an upfront cash outlay by the insider.

Key Details

• Transaction date: 2026-05-01 (filed 2026-05-01) — filing appears timely.
• Transaction type/code: Award/Grant (A); reported acquisition of 205,579 ADS at $0.00.
• Vesting: Four equal installments on May 1 of 2026, 2027, 2028 and 2029 (per footnote).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Grant made under the Key Value Positions Plan; vesting schedule as noted above.

Context

• This is an equity compensation grant to a director. Because one-quarter vests immediately, Zambrano effectively acquired a portion of these ADS on the grant date; the rest are subject to future vesting.
• Such awards are common for executive/director compensation and are not the same as the insider buying shares in the open market. They signal company compensation alignment but are not by themselves a clear bullish or bearish trading signal.