Holger Blankenstein - 18 Mar 2026 Form 3 Insider Report for Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (VLRS)

Role
EVP Airline
Signature
/s/ Isela Cervantes Rodriguez, Attorney-in-fact.
Issuer symbol
VLRS
Transactions as of
18 Mar 2026
Net transactions value
$0
Form type
3
Filing time
18 Mar 2026, 21:55:24 UTC
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Blankenstein Holger EVP Airline AV. ANTONIO DOVALI JAIME NO. 70, 13 FL, TWR B, COLONIA ZEDEC SANTA FE, MEXICO CITY, MEXICO /s/ Isela Cervantes Rodriguez, Attorney-in-fact. 18 Mar 2026 0002119880

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VLRS Series A shares of common stock 5,567,828 18 Mar 2026 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding VLRS Restricted Securties Units 18 Mar 2026 Series A shares of common stock 274,993 Direct F1, F2
holding VLRS Restricted Securties Units 18 Mar 2026 Series A shares of common stock 477,326 Direct F2, F3
holding VLRS Restricted Securties Units 18 Mar 2026 Series A shares of common stock 773,492 Direct F2, F4
holding VLRS Share Appreciation Rights 18 Mar 2026 Series A shares of common stock 200,000 $14.80 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted securities units will vest on November 6, 2026 and have no expiration date.
F2 Each restricted securities unit represents a contingent right to receive on Series A share of common stock.
F3 The restricted securities units will vest in two equal annual installments beginning on November 6, 2026 and have no expiration date.
F4 The restricted securities units will vest in three equal annual installments beginning on November 6, 2026 and have no expiration date.
F5 Provides the right of cash payment determined based on the increase of the stock price between the grant date and the exercise.
F6 The price shown is in Mexican Pesos.

Remarks:

Exhibit 24 - Power of Attorney.