Director's Holdings Adjusted by $11B Due to Merger

summarizeSummary

A director's shareholdings in Pacific Airport Group were significantly adjusted by over $11 billion due to a recent merger, involving both acquisitions and dispositions of shares.

check_boxKey Events

• Merger-Related Share Adjustments

  Director Juan Ignacio Gallardo Thurlow's holdings were adjusted on May 6, 2026, as a result of a merger where five entities combined with Pacific Airport Group, following the business combination announced on May 7, 2026.

• Significant Transaction Value

  The total value of shares acquired and disposed of in connection with the merger exceeded $11 billion, representing a substantial re-arrangement of ownership.

• Exchange of Shares

  The director received 35,838,773 Series B and BB shares in Pacific Airport Group in exchange for his shares in PAL Aeropuertos, a merging entity, for no cash consideration.

• Cancellation of Indirect Holdings

  Concurrently, 97,419,900 Series B and BB shares held indirectly through Aeropuertos Mexicanos del Pacifico (AMP) were cancelled as part of the merger terms.

auto_awesomeAnalysis

This Form 4 details significant changes to Director Juan Ignacio Gallardo Thurlow's shareholdings in Pacific Airport Group, totaling over $11 billion in value. These adjustments are a direct result of a recent merger, where the director exchanged shares in a merging entity (PAL Aeropuertos) for new shares in Pacific Airport Group, while other indirect holdings were cancelled. This filing provides transparency on the post-merger ownership structure for a key insider following a major corporate event.