CEMEX SAB DE CV·4

Jun 17, 6:50 PM ET

Ramirez Cantu Alejandro Alberto 4

Research Summary

AI-generated summary

Updated

CEMEX (CX) President Alejandro Ramirez Cantu Receives Award, Sells Shares

What Happened

  • Alejandro Alberto Ramirez Cantu, President of Cemex SCA&C, had 30,489 American Depositary Shares (ADS) vest on June 15, 2026 as part of compensation awards, and 15,884 ADS were disposed that same day to satisfy tax/withholding obligations. The shares sold were at $12.25 each for proceeds of $194,579. Net from the transaction the reporting person received 14,605 ADS (30,489 vested − 15,884 withheld/sold).

Key Details

  • Transaction dates: June 15, 2026 (vest and withholding/sale); Form 4 filed June 17, 2026 (timely within required window).
  • Transactions reported: A = Award/Grant (30,489 ADS acquired at $0.00), F = Payment of exercise price or tax liability (15,884 ADS disposed at $12.25, $194,579).
  • Footnote summary: Vesting comprised 29,354 ADS from 2023–2025 compensation plans, plus 543 ADS from a technical cash-dividend adjustment and 592 ADS from tax adjustments (total 30,489 ADS).
  • Shares owned after transaction: filing data provided here does not list total post-transaction holdings; net change from this event was +14,605 ADS.
  • Filing timeliness: Reported within two business days of the June 15 transactions (filed June 17), so appears timely.

Context

  • This was vesting of compensation awards with a routine tax-withholding sale (code F). Such sell-to-cover withholding is a common administrative practice and not necessarily a signal about the insider’s view on the company’s prospects.
  • For retail investors, awards (A) increase insider exposure while withholding sales (F) typically reflect tax obligations rather than a discretionary cash-out.