STOCK TITAN

FMX (FMX) executive sells 7,481 BD Units in open-market trade

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

MEXICAN ECONOMIC DEVELOPMENT INC executive Spas Montesinos Constantino, who leads the Americas & Mobility Division, reported an open-market sale of BD Units. He sold 7,481 BD Units at an average price of $12.3808 per unit. After this sale, he directly holds 139,253 BD Units. Each BD Unit consists of one Series B Share, two Series D-B Shares, and two Series D-L Shares.

Positive

  • None.

Negative

  • None.
Insider Spas Montesinos Constantino
Role Americas & Mobility Division
Sold 7,481 shs ($93K)
Type Security Shares Price Value
Sale BD Units 7,481 $12.3808 $93K
Holdings After Transaction: BD Units — 139,253 shares (Direct, null)
Footnotes (1)
  1. This transaction was carried out in Mexican pesos. For purposes of this Form 4, a conversion rate of MXN 17.38 for each USD $1.00 was used. The securities reported herein are held in the form of BD Units. Each BD Unit consists of one Series B Share, two Series D-B Shares and two Series D-L Shares, without par value ("Series D-B Shares" and "Series D-L Shares", respectively).
BD Units sold 7,481 BD Units Open-market sale on June 10, 2026
Average sale price $12.3808 per BD Unit Open-market transaction
Holdings after transaction 139,253 BD Units Direct ownership following sale
FX conversion rate MXN 17.38 per USD $1.00 Used for reporting transaction in U.S. dollars
BD Unit composition 1 Series B, 2 Series D-B, 2 Series D-L shares Structure of each BD Unit
BD Units financial
"The securities reported herein are held in the form of BD Units."
Series B Share financial
"Each BD Unit consists of one Series B Share, two Series D-B Shares and two Series D-L Shares"
Series D-B Shares financial
"Each BD Unit consists of one Series B Share, two Series D-B Shares and two Series D-L Shares"
Series D-L Shares financial
"Each BD Unit consists of one Series B Share, two Series D-B Shares and two Series D-L Shares"
conversion rate financial
"a conversion rate of MXN 17.38 for each USD $1.00 was used"
Conversion rate is the proportion of items, people or contracts that take a desired action out of the total possible — for example the share of website visitors who make a purchase, or the number of convertible bonds that are exchanged for shares. Investors care because it measures how effectively a business or financial instrument turns opportunity into real outcomes, like sales or share issuance, which directly affects revenue, cash flow and ownership dilution.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Spas Montesinos Constantino

(Last)(First)(Middle)
GENERAL ANAYA 601 PTE
COLONIA BELLA VISTA

(Street)
MONTERREYNUEVO LEON64410

(City)(State)(Zip)

MEXICO

(Country)
2. Issuer Name and Ticker or Trading Symbol
MEXICAN ECONOMIC DEVELOPMENT INC [ FMX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Americas & Mobility Division
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
BD Units06/10/202606/10/2026S7,481D$12.3808(1)139,253(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction was carried out in Mexican pesos. For purposes of this Form 4, a conversion rate of MXN 17.38 for each USD $1.00 was used.
2. The securities reported herein are held in the form of BD Units. Each BD Unit consists of one Series B Share, two Series D-B Shares and two Series D-L Shares, without par value ("Series D-B Shares" and "Series D-L Shares", respectively).
Remarks:
Constantino Spas Montesinos06/10/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did FMX executive Spas Montesinos Constantino report?

He reported an open-market sale of BD Units of MEXICAN ECONOMIC DEVELOPMENT INC. Specifically, he sold 7,481 BD Units on June 10, 2026, as disclosed in the Form 4 insider trading report filed with the SEC.

How many FMX BD Units did the insider sell and at what price?

Spas Montesinos Constantino sold 7,481 BD Units at an average price of $12.3808 per unit. This transaction was carried out in Mexican pesos and converted for reporting purposes using the stated exchange rate.

How many FMX BD Units does the insider hold after the sale?

Following the reported sale, Spas Montesinos Constantino directly holds 139,253 BD Units of MEXICAN ECONOMIC DEVELOPMENT INC. This post-transaction holding reflects his remaining direct ownership after disposing of the 7,481 BD Units in the open market.

What are FMX BD Units as reported in this Form 4 filing?

The BD Units are a bundled security form used by MEXICAN ECONOMIC DEVELOPMENT INC. Each BD Unit consists of one Series B Share, two Series D-B Shares, and two Series D-L Shares, all without par value, as described in the filing’s footnotes.

Was the FMX insider transaction an open-market sale or another type?

The transaction was classified as an open-market sale of non-derivative securities. The Form 4 identifies the transaction with code “S,” meaning a sale in the open market or a private transaction, and marks it as a direct ownership change.

What exchange rate was used for the FMX insider transaction in the Form 4?

The transaction was executed in Mexican pesos, but the Form 4 converts values using an exchange rate of MXN 17.38 for each USD $1.00. This rate is used solely for reporting the transaction in U.S. dollar terms.