CEMEX EVP Mauricio Doehner Receives Award, Sells Shares for Taxes

What Happened

• Mauricio Doehner, EVP Corporate Affairs at CEMEX SAB DE CV (CX), received 230,170 Ordinary Participation Certificates (OPCs) as compensation on Aug 14, 2026 (acquisition by award, code A) and 80,560 OPCs were surrendered/ disposed to cover tax liabilities at $12.13 per share (code F) generating proceeds of $977,193. The award consisted of 224,400 OPCs vesting from the 2023 compensation plan plus 5,770 OPCs granted as a technical adjustment for tax payment/cash dividend (see footnote).

Key Details

• Transaction dates: Aug 14, 2026 (vesting/award and tax withholding disposal); Form 4 filed Aug 18, 2026.
• Prices and values: Disposition of 80,560 OPCs at $12.13 = $977,193; acquisition recorded at $0 (vested compensation).
• Net change from these transactions: +149,610 OPCs (230,170 acquired − 80,560 surrendered).
• ADS equivalence: OPCs may be represented by American Depositary Shares (ADS); 1 ADS = 10 OPCs → +23,017 ADS acquired and −8,056 ADS withheld for taxes.
• Footnotes: F1 explains 224,400 OPCs vested from the 2023 plan and 5,770 OPCs were a technical adjustment; F2 notes the 10:1 ADS representation.
• Shares owned after the transaction: not specified in the filing; check the full Form 4 for total beneficial ownership.
• Filing timeliness: Form 4 was filed Aug 18, 2026 (reporting period Aug 14, 2026); the filing date is four days after the transaction date.

Context

• This was a compensation vesting event with a tax-withholding disposition (code F), not an open-market sale — common practice when restricted awards vest and shares are surrendered to cover tax obligations. Such tax-related withholdings are routine and do not necessarily indicate the insider’s view of the company’s prospects.