Director's Holdings Adjusted by $11B Due to Merger
PAC sits 19% above its 52-week low of $206.91.
Summary
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.
Key Events · Ownership and Investor Activity · PAC
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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.
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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.
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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.
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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.
Analysis · PAC · Energy & Transportation
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.
At the time of this filing, PAC was trading at $245.62 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $12.5B. The 52-week trading range was $206.91 to $300.41. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.