SCHEDULE 13G/A: David Coppel Calvo and Trusts Disclose 7.26% Passive Stake in Arcos Dorados Holdings Inc.
Beneficial Ownership Disclosure
David Coppel Calvo, through two Mexican trusts, has reported a combined beneficial ownership of 7.26% of Arcos Dorados Holdings Inc.'s Class A Common Stock as of December 31, 2024, indicating a passive investment.
Summary
- Fideicomiso de Administracion con Derecho de Reversion Identificado con el Numero F/3871 (Trust F/3871) beneficially owns 8,796,607 shares of Arcos Dorados Holdings Inc.'s Class A Common Stock, representing 6.73% of the class.
- Contrato de Fideicomiso de Administracion con Derecho de Reversion Numero F/3989 (Trust F/3989) beneficially owns 686,787 shares of Arcos Dorados Holdings Inc.'s Class A Common Stock, representing 0.53% of the class.
- David Coppel Calvo is deemed to beneficially own all shares held by both Trust F/3871 and Trust F/3989, totaling 9,483,394 shares, which represents 7.26% of the Class A Common Stock.
- Mr. Coppel Calvo holds sole voting and dispositive power over these aggregated shares.
- The percentages are based on the total number of shares of the Issuer's Class A Common Stock outstanding as of September 30, 2024, as reported in the Issuer's Form 6-K filed on November 13, 2024.
- The filing certifies that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer, indicating a passive investment.
Sentiment
Score: 5
Explanation: The document is a routine Schedule 13G filing disclosing beneficial ownership, which is generally neutral in sentiment as it does not contain operational or financial performance updates or indicate any activist intent.
Positives
- Increased transparency regarding significant ownership stakes in Arcos Dorados Holdings Inc.
- The filing indicates a passive investment, suggesting no immediate intent to influence company control.
Future Outlook
This Schedule 13G filing does not contain any forward-looking statements or guidance regarding the issuer's future performance or operations.
Industry Context
This filing is a routine disclosure of beneficial ownership by a passive investor in Arcos Dorados Holdings Inc., the world's largest McDonald's franchisee. It does not provide insights into broader industry trends or competitive dynamics, focusing solely on a specific shareholder's stake.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant ownership stakes, confirming a passive investment by David Coppel Calvo and associated trusts.
Key Dates
| Date | Description |
|---|---|
| 2024-09-30 | Date as of which the total number of Issuer's Class A Common Stock outstanding was reported in the Issuer's Form 6-K. |
| 2024-11-13 | Date the Issuer's Form 6-K was filed, reporting outstanding shares as of September 30, 2024. |
| 2024-12-31 | Date of event which requires filing of this statement (beneficial ownership threshold met). |
| 2025-01-29 | Date of the Joint Filing Agreement among the Reporting Persons. |
| 2025-02-04 | Date the Schedule 13G statement was signed by the Reporting Persons. |
Keywords
Arcos Dorados Holdings Inc., Class A Common Stock, Schedule 13G, Beneficial Ownership, David Coppel Calvo, Trust F/3871, Trust F/3989, Passive Investment, SEC Filing, Shareholder Disclosure
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