# EDGAR Filing Document

**Accession Number:** 0001979736
**File Stem:** 0001979736-26-000002
**Filing Date:** 2026-4
**Character Count:** 10685
**Document Hash:** 8bf89c86bda5d060c7344766fed069d6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001979736-26-000002.hdr.sgml**: 20260428

**ACCESSION NUMBER**: 0001979736-26-000002

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260424

**FILED AS OF DATE**: 20260428

**DATE AS OF CHANGE**: 20260428

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Donovan William Dean
- **CENTRAL INDEX KEY:** 0001979736

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-36059
- **FILM NUMBER:** 26907938

**MAIL ADDRESS:**
- **STREET 1:** 2840 CLAREMONT BLVD
- **CITY:** BERKELEY
- **STATE:** CA
- **ZIP:** 94705
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
- **CENTRAL INDEX KEY:** 0001520504
- **STANDARD INDUSTRIAL CLASSIFICATION:** AIR TRANSPORTATION, SCHEDULED [4512]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** AV. ANTONIO DOVALI JAIME NO. 70
- **STREET 2:** PISO 13
- **CITY:** COL. ZEDEC SANTA FE
- **PROVINCE COUNTRY:** O5
- **ZIP:** 01210
- **BUSINESS PHONE:** (52) 55 5261 6400

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** AV. ANTONIO DOVALI JAIME NO. 70
- **STREET 2:** PISO 13
- **CITY:** COL. ZEDEC SANTA FE
- **PROVINCE COUNTRY:** O5
- **ZIP:** 01210

## Ex-24

```

SECTION 16 AND FORM 144
POWER OF ATTORNEY

With respect to holdings of and transactions in securities issued by
Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (the "Company"),the
undersigned hereby constitutes and appoints the individuals named on Schedule A
attached hereto and as may be amended from time to time, or any of them signing
singly, with full power of substitution and resubstitution, to act as the
undersigned's true and lawful attorney-in-fact to:

1. execute for and on behalf of the undersigned, Schedules 13D and 13G in
accordance with Section 13 of the Securities Exchange Act of 1934, as amended
(the "Exchange Act"), and the rules thereunder, and Forms 3, 4, and 5 in
accordance with Section 16 of the Exchange Act and the rules thereunder, and
Notices of Proposed Sale of Securities Pursuant to Rule 144 ("Form 144"), in
accordance with the requirements of Rule 144 under the Securities Act of 1933,
as amended (the "Securities Act"); and

2. do and perform any and all acts for and on behalf of the undersigned which
may be necessary or desirable to complete and execute any such Schedule 13D,
Schedule 13G, Form 3, Form 4, Form 5, and Form 144, complete and execute any
amendment or amendments thereto, and to timely file such Schedule 13D,
Schedule 13G, Form 3, Form 4, Form 5, and Form 144, as applicable, and any
amendment thereto, with the United States Securities and Exchange Commission
and any stock exchange or similar authority.

The undersigned hereby grants to each such attorney-in-fact full power and
authority to do and perform any and every act and thing whatsoever requisite,
necessary, or proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might
or could do if personally present, with full power of substitution and
resubstitution or revocation, hereby ratifying and confirming all that such
attorney-in-fact, or such attorneys-in-fact substitute or substitutes, shall
lawfully do or cause to be done by virtue of this Power of Attorney and the
rights and powers herein granted.

The undersigned acknowledges that the foregoing attorneys-in-fact, in serving
in such capacity at the request of the undersigned, are not assuming, nor is
the Company assuming, any of the undersigned's responsibilities to comply with
Section 13 and Section 16 of the Exchange Act, or Rule 144 under the
Securities Act.

This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file any Schedule 13D,Schedule 13G,
Form 3, Form 4, Form 5, and Form 144 with respect to the undersigned's
holdings of and transactions in securities issued by the Company, unless
earlier revoked by the undersigned in a signed writing delivered to the
foregoing attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this 17 day of February, 2026.

/s/ William Dean Donovan
William Dean Donovan

Schedule A

INDIVIDUALS APPOINTED AS ATTORNEY-IN-FACT,
WITH FULL POWER OF SUBSTITUTION AND RESUBSTITUTION

1. Jose Alejandro de Iturbide Gutierrez, Chief Legal Officer of the Company
2. Jaime Esteban Pous Fernandez, Chief Financial Officer of the Company
3. Renato Duarte Salomone, Senior Director of Corporate Financing and
Investor Relations of the Company
4. Isela Cervantes Rodriguez, Corporate and Securities Compliance Legal
Director of the Company

```

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Donovan William Dean<br><sub>(Last) (First) (Middle)</sub><br>AV. ANTONIO DOVALI JAIME 70, TOWER B, 13<br>FLOOR, COLONIA ZEDEC SANTA FE<br><sub>(Street)</sub><br>MEXICO CITY, MEXICO 01210<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2026-04-24 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Controladora Vuela Compania de Aviacion, S.A.B. de C.V. [ VLRS ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Series A shares of common stock | 2026-04-28 |  | M<sup>(1)</sup> |  | 232400<sup>(2)</sup> | A | <sup>(3)</sup> | 3096050<sup>(2)</sup> | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Restricted Securities Units (Annual Fee) | <sup>(3)</sup> | 2026-04-24 |  | A |  | 59260 |  | <sup>(4)</sup> | <sup>(4)</sup> | Series A shares of common stock | 59260 | $0 | 59260 | D |  |
| Restricted Securities Units (BoDIP) | <sup>(3)</sup> | 2026-04-24 |  | A |  | 64200 |  | <sup>(4)</sup> | <sup>(4)</sup> | Series A shares of common stock | 64200 | $0 | 64200 | D |  |
| Restricted Securities Units (Annual Fee) | <sup>(3)</sup> | 2026-04-28 |  | M |  |  | 111550 | <sup>(1)</sup> | <sup>(1)</sup> | Series A shares of common stock | 111550 | $0 | 0 | D |  |
| Restricted Securities Units (BoDIP) | <sup>(3)</sup> | 2026-04-28 |  | M |  |  | 120850 | <sup>(1)</sup> | <sup>(1)</sup> | Series A shares of common stock | 106461 | $0 | 0 | D |  |

---

### Footnotes:

(1) The Restricted Securities Units ("RSUs") were granted on April 28, 2025 and vest on April 28, 2026. The RSUs have no expiration date.

(2) Shares owned through American Depositary Shares ("ADSs"). Each ADS representing ten (10) Certificados de Participacion Ordinarios (CPOs). Each CPO representing the economic interest in one (1) share of Series A shares of common stock.

(3) Each RSU represents a contingent right to receive on Series A share of common stock.

(4) The RSUs were granted on April 24, 2026 and will vest on April 24, 2027. The RSUs have no expiration date.

**Remarks:**
Exhibit 24 - Power of Attorney

**Signature:** /s/ Isela Cervantes Rodriguez, as Attorney-in-Fact, for William D. Donovan  
**Date:** 2026-04-28

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**