Alejandro Gil Ortiz, General Counsel of Mexican Economic Development Inc, filed a Form 4 on November 10, 2026, disclosing the sale of 13,000 BD Units on November 6, 2026.

Key Highlights

  • Reporting person: Alejandro Gil Ortiz, General Counsel of Mexican Economic Development Inc (NYSE:FMX)
  • First sale: 12,000 BD Units disposed of on November 6, 2026, at a price of $12.7254 per unit (USD equivalent)
  • Second sale: 1,000 BD Units disposed of on November 6, 2026, at a price of $12.7894 per unit (USD equivalent)
  • Conversion rate used: MXN 18.7655 per USD $1.00, as the transactions were carried out in Mexican pesos
  • Direct beneficial ownership after transactions: 43,506 BD Units held directly
  • Indirect beneficial ownership: 50,359 BD Units held through the Employee Trust (Trust No. 204124, controlled by Fomento Economico Mexicano, S.A.B. de C.V.)
  • ADR holdings: 120 American Depositary Shares held directly, each representing 10 BD Units

Alejandro Gil Ortiz Discloses BD Unit Sales and Remaining Holdings

According to the Form 4 filed with the SEC, Alejandro Gil Ortiz, who serves as General Counsel of Mexican Economic Development Inc (NYSE:FMX), reported two dispositions of BD Units on November 6, 2026. The first transaction involved the sale of 12,000 BD Units at $12.7254 per unit, and the second involved the sale of 1,000 BD Units at $12.7894 per unit. Both transactions are coded "S" (sale) and both are marked as direct ownership dispositions. The filing notes that these transactions were carried out in Mexican pesos and converted to U.S. dollars using a rate of MXN 18.7655 per USD $1.00.

As described in the 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. Following the two reported sales, Gil Ortiz directly holds 43,506 BD Units. In addition, the filing reports 50,359 BD Units held indirectly through Trust No. 204124, an employee trust administered by Banco Mercantil del Norte, S.A. and controlled by Fomento Economico Mexicano, S.A.B. de C.V., in which Gil Ortiz is a trust participant.

The filing also discloses that Gil Ortiz directly holds 120 American Depositary Shares evidenced by American Depositary Receipts. According to the filing, each ADR represents 10 BD Units, with each BD Unit carrying the same underlying share composition described above. No derivative securities transactions were reported in Table II of the form. The form was signed by Alejandro Gil Ortiz and dated November 9, 2026.

What Was Disclosed

The filing reports two sales of BD Units by General Counsel Alejandro Gil Ortiz on November 6, 2026, totaling 13,000 units, with resulting direct holdings of 43,506 BD Units and indirect holdings of 50,359 BD Units via an employee trust.