Martinez Merla Jaime 4
Research Summary
AI-generated summary
CEMEX (CX) Chief Comptroller Jaime Martinez Merla Receives Award
What Happened
Jaime Martinez Merla, Chief Comptroller of CEMEX SAB DE CV (CX), was granted 7,650 American Depositary Shares (ADSs) on July 1, 2026. The reported acquisition price is $0.00 (transaction code A — award/grant), so the initial reported cash value is $0. The award vests in four equal installments on July 1 of 2026, 2027, 2028 and 2029 (first tranche vests immediately on grant date).
Key Details
- Transaction date: 2026-07-01; Report filed: 2026-07-02 (timely — within Form 4 reporting window).
- Instrument & amount: 7,650 American Depositary Shares (ADSs); reported price: $0.00; reported cash value: $0.
- Vesting: Four equal installments on 7/1/2026, 7/1/2027, 7/1/2028 and 7/1/2029 (per footnote F1).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Transaction code: A (award/grant). No 10b5-1 plan, tax withholding, or late-filing note indicated in the provided information.
Context
This was a compensation award, not an open-market buy or sale. Awards like this are commonly used to retain employees and align incentives; the immediate vesting of the first tranche means some shares become beneficiary property right away. Such grants are informative about company compensation practices but do not by themselves indicate the insider is buying or selling stock for market reasons.