CEMEX (CX) VP Oscar Elizondo Receives Award; Sells Shares for Taxes

What Happened
Oscar Elizondo, VP of Global Enterprise Services at CEMEX (CX), received 116,520 ordinary participation certificates (OPCs) as a compensation award/vesting on Aug 14, 2026 (recorded as an A — award/grant). To cover the tax liability on the vested award, 40,790 OPCs were disposed (code F) at $12.13 each, generating proceeds of approximately $494,783. The award had a $0 acquisition price (standard for vested compensation).

Key Details

• Transaction date: August 14, 2026; Form 4 filed Aug 18, 2026 (timely filing).
• Award: 116,520 OPCs granted/vested @ $0.00 (footnote: 113,600 vested from the 2023 plan + 2,920 technical adjustments).
• Tax withholding sale: 40,790 OPCs disposed @ $12.13 = $494,783 (reported as payment of tax liability).
• ADS equivalence: 1 ADS = 10 OPCs — award ≈ 11,652 ADS; sale ≈ 4,079 ADS.
• Shares owned after transaction: not disclosed in this filing.
• Transaction codes: A = award/grant; F = payment of exercise price or tax liability (i.e., shares sold to cover taxes).
• No indication of a 10% owner or 10b5‑1 plan in this filing.

Context
This was primarily a vesting of compensation with a routine tax-withholding disposition, not an open‑market investment decision. Such F-code disposals are common when companies permit or require employees to satisfy tax obligations by withholding/selling a portion of vested shares and do not necessarily signal insider sentiment about the stock.