Elizondo de la Garza Oscar Balmore 4

What Happened

Oscar Elizondo, VP of Global Enterprise Services at CEMEX (CX), had 17,060 American Depositary Shares (ADS) vest on June 15, 2026 as part of compensation plans. Of those, 7,687 ADS were surrendered/withheld (transaction code F) at $12.25 per ADS to cover tax liability or exercise price, totaling $94,166. The grant/acquisition (transaction code A) shows 17,060 ADS were acquired with a reported acquisition value of $0 (representing vested awards).

Key Details

• Transaction dates: June 15, 2026 (reported on Form 4 filed June 17, 2026 — timely within the usual 2-business-day window).
• Award/acquisition: 17,060 ADS @ $0.00 (total $0 recorded as grant/vesting).
• Withholding/disposition: 7,687 ADS @ $12.25 = $94,166 (used to cover tax/exercise obligations; coded F).
• Net ADS retained from this vesting: 17,060 − 7,687 = 9,373 ADS (i.e., the shares remaining from this award after withholding).
• Footnote: 16,754 ADS vested from CEMEX compensation plans for 2023–2025; an additional 306 ADS were granted as a technical adjustment related to a cash dividend.
• Total shares owned after the transaction (overall holdings) are not specified in the filing.

Context

This transaction reflects routine vesting of company compensation and a common tax-withholding mechanism (the company withholds or sells a portion of vested shares to satisfy tax liabilities). This is not an open-market sale signalling insider confidence or distress — it’s a cashless-ish settlement of taxes/fees tied to the award. For retail investors, vested awards increase insider ownership but withheld shares reduce the net addition; no 10% owner or 10b5-1 plan was indicated.