FMX (NYSE: FMX) director Daniel Alegre reports 33,000 BD Units via ADRs
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
MEXICAN ECONOMIC DEVELOPMENT INC director Daniel Alegre has filed an initial ownership report showing a holding of 33,000 BD Units. These securities are held as American Depositary Shares represented by American Depositary Receipts. Each ADR represents 10 BD Units, and each BD Unit is composed of one Series B Share, two Series D-B Shares and two Series D-L Shares, all without par value.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Alegre Daniel
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | BD Units | -- | -- | -- |
Holdings After Transaction:
BD Units — 33,000 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
BD Units owned: 33,000 BD Units
ADR to BD Unit ratio: 1 ADR = 10 BD Units
BD Unit composition: 1 Series B, 2 Series D-B, 2 Series D-L
3 metrics
BD Units owned
33,000 BD Units
Total beneficial ownership reported on Form 3
ADR to BD Unit ratio
1 ADR = 10 BD Units
Structure of American Depositary Shares
BD Unit composition
1 Series B, 2 Series D-B, 2 Series D-L
Shares included in each BD Unit
Key Terms
American Depositary Shares, American Depositary Receipts, BD Units, Series D-B Shares, +1 more
5 terms
American Depositary Receipts financial
"held in the form of American Depositary Shares, evidenced by American Depositary Receipts ("ADRs")"
A certificate traded on U.S. markets that represents ownership of shares in a foreign company, letting U.S. investors buy and sell that company as if it were listed domestically. Think of it as a local voucher for a foreign product: it makes price quotes in dollars, trades on familiar exchanges, and brings differences in liquidity, fees and legal protections that can affect returns and risk compared with buying the underlying foreign shares directly.
BD Units financial
"Each ADR represents 10 BD Units. Each BD Unit consists of one Series B Share"
FAQ
What does Daniel Alegre report owning in FMX on this Form 3?
Daniel Alegre reports beneficial ownership of 33,000 BD Units of MEXICAN ECONOMIC DEVELOPMENT INC. These securities are reported as held in the form of American Depositary Shares, evidenced by American Depositary Receipts representing the underlying BD Units.
How are FMX BD Units structured in this Form 3 filing?
Each BD Unit consists of one Series B Share, two Series D-B Shares and two Series D-L Shares, all without par value. This structure is disclosed directly in the filing’s footnote describing the composition of the BD Units reported as owned.
What is the relationship between ADRs and BD Units for FMX?
The filing states that the securities are held as American Depositary Shares evidenced by ADRs, and that each ADR represents 10 BD Units. This means the depositary receipts trade in the U.S. while representing multiple underlying BD Units in the issuer.
Is the Form 3 for FMX reporting a new transaction or existing holdings?
This Form 3 reflects existing holdings of BD Units rather than a reported purchase or sale. The transaction type is marked as a holding entry, and the total reported amount after the entry is 33,000 BD Units held directly.
What role does Daniel Alegre hold at MEXICAN ECONOMIC DEVELOPMENT INC?
The filing identifies Daniel Alegre as a director of MEXICAN ECONOMIC DEVELOPMENT INC. This status triggers Form 3 reporting requirements for his beneficial ownership in the company’s securities, including the BD Units reported in this document.