CEMEX SAB DE CV·4

Jun 17, 8:00 PM ET

Doehner Cobian Mauricio 4

Research Summary

AI-generated summary

Updated

CEMEX (CX) EVP Mauricio Doehner Receives Award; Sells 16,024 for Taxes

What Happened

  • Mauricio Doehner, EVP Corporate Affairs at CEMEX (CX), had 36,197 American Depositary Shares (ADS) acquired on June 15, 2026 due to vesting/award, and 16,024 ADS were disposed the same day to cover tax liability. The disposed shares were recorded at $12.25 each, generating proceeds of $196,294. The award transaction shows $0 in acquisition cost on the Form 4 (typical for vested restricted stock/RSUs reported as grants).

Key Details

  • Transaction dates: June 15, 2026 (reported on Form 4 filed June 17, 2026).
  • Disposition: 16,024 ADS surrendered/disposed (code F) at $12.25 per ADS; total reported proceeds $196,294 — this was to cover tax obligations, not an open-market sale.
  • Acquisition: 36,197 ADS granted/vested (code A) with $0 reported in the filing.
  • Footnote: 35,544 ADS vested from CEMEX compensation plans for 2023–2025; 653 ADS were added as a technical adjustment for a cash dividend.
  • Shares owned after transaction: Not disclosed on this Form 4.
  • Filing timeliness: Form 4 filed June 17 for transactions on June 15 — appears timely (not marked late).

Context

  • The disposition is coded F (payment of exercise price or tax liability), which typically means shares were withheld/surrendered to satisfy taxes on vesting rather than sold on the open market; this is a routine administrative step and not necessarily a signal of company sentiment.
  • The primary event is the vesting/award of ADS (an acquisition); purchases would be more informative for bullish signals, but vested awards are common compensation events for executives.