4Filed Aug 17, 8:00 PM ET

Cemex (CX) EMEA President Jose Antonio Cabrera Guerra Receives Award

$CX · CEMEX SAB DE CV

Research Summary

AI-generated summary of this SEC filing

Updated

Cemex (CX) EMEA President Jose Antonio Cabrera Guerra Receives Award

What Happened

  • Jose Antonio Cabrera Guerra, President of CEMEX EMEA, had 99,070 Ordinary Participation Certificates (OPCs) vest/issued on 2026-08-14 as part of a 2023 compensation plan (grant/award, code A). The reported acquisition price is $0.00 (award).
  • To satisfy tax withholding, 46,570 OPCs were disposed (code F) on the same date at $12.13 per OPC, generating proceeds of $564,894 (shares were surrendered/used to cover tax liability rather than an open-market sale).

Key Details

  • Transaction date: 2026-08-14; Filing date: 2026-08-18 (reporting covers the Aug 14 transactions).
  • Awarded: 99,070 OPCs (96,530 vested under the 2023 plan + 2,540 OPCs granted as technical adjustments for tax/cash dividend) — footnote F1.
  • Tax withholding/disposition: 46,570 OPCs disposed at $12.13 each for a reported total of $564,894 (code F).
  • ADS equivalence: 1 ADS = 10 OPCs, so award = 9,907 ADS; withholding = 4,657 ADS — footnote F2.
  • Shares owned after the transactions: not specified in the provided filing.
  • Codes explained: A = award/grant; F = disposition to satisfy tax withholding (not an open-market sale).

Context

  • This was primarily a vesting/award event, not a purchase (neutral/bureaucratic action rather than a direct bullish signal). The disposal of OPCs under code F reflects tax withholding/cashless settlement of taxes rather than a voluntary investment sale.
  • Such transactions are common when equity awards vest; they reflect compensation mechanics rather than insider trading intent.