CEMEX (CX) VP Oscar Balmore Elizondo Sells 212,680 Shares
$CX · CEMEX SAB DE CVResearch Summary
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CEMEX (CX) VP Oscar Balmore Elizondo Sells 212,680 Shares
What Happened
Elizondo de la Garza, Oscar Balmore — VP of Global Enterprise Services at CEMEX SAB DE CV (CX) — sold shares on August 19, 2026. The Form 4 reports a disposition of 212,680 ordinary shares at a price reported as $10.68, with an aggregate amount shown as $2,271,422. Footnotes clarify the sale was 21,268 American Depositary Shares (ADSs), where each ADS represents 10 ordinary participation certificates and the $10.68 price is per ADS. This was a sale (S), which is typically a routine disposition rather than a direct bullish signal.
Key Details
- Transaction date: 2026-08-19; Form 4 filed: 2026-08-20 (timely filing).
- Reported quantity: 212,680 ordinary shares disposed; this equals 21,268 ADSs (1 ADS = 10 ordinary shares).
- Price listed: $10.68 per ADS (footnote); filing shows aggregate proceeds of $2,271,422.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnotes: F1 clarifies the ADS-to-ordinary share conversion (21,268 ADSs = 212,680 shares). F2 notes the price is per ADS.
- Transaction type: Sale (S) — open market or private sale as indicated on the Form 4.
Context
Sales by insiders can reflect many things (diversification, personal liquidity needs, planned sales) and do not necessarily indicate a change in company prospects. Purchases tend to be more informative about insider conviction. This filing appears routine and was reported promptly the next day.