Cabrera Guerra Jose Antonio 4
Research Summary
AI-generated summary
CEMEX (CX) EMEA President Receives Award, Sells 5,365 Shares
What Happened
- Jose Antonio Cabrera Guerra, President of CEMEX EMEA, received 12,619 American Depositary Shares (ADSs) as compensation (grant/vesting) on June 15, 2026 (acquired at $0.00). To satisfy tax withholding obligations, 5,365 ADSs were disposed at $12.25 each for proceeds of $65,721. After the withholding sale, the reporting person retained a net 7,254 ADSs from this vesting event.
- This was a grant/vesting event with a share-withholding (sell-to-cover) for taxes—common with equity compensation—rather than an open-market sale motivated by investment views.
Key Details
- Transaction date: 2026-06-15; Filing date: 2026-06-17 (timely; Form 4 filed within the standard window).
- Grant/acquisition: 12,619 ADSs @ $0.00 (code A — award/vesting).
- Withholding/disposition: 5,365 ADSs sold/disposed @ $12.25 = $65,721 (code F — tax withholding).
- Net shares retained from this vesting: 7,254 ADSs (12,619 − 5,365).
- Shares owned after transaction: Not specified in this filing.
- Footnote: The 12,619 ADSs consist of 12,392 ADSs that vested under the 2023–2025 compensation plans plus 227 ADSs granted as a technical adjustment related to a cash dividend (per footnote F1).
Context
- This is a routine equity-compensation vesting with sell-to-cover for taxes, not an open-market sale expressing a trading view. For retail investors, purchases/retained shares from vesting are more informative about insider exposure than routine tax-related disposals.