Americas Corp. (LAC) GC Edward Grandy reports RSU vesting and tax share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Americas Corp. executive Edward Grandy reported an equity award vesting and related share withholding. On January 23, 2026, 8,375 restricted share units were converted into an equal number of common shares at an exercise price of $0.00. On the same date, 4,110 common shares were disposed of at $6.47 per share under code “F,” indicating shares withheld or sold to cover taxes.
After these transactions, Grandy directly held 139,717 common shares of Americas Corp. and 8,374 restricted share units, each representing the right to receive one common share, reflecting his ongoing equity stake tied to prior RSU grants that vest over three years.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,375 shares exercised/converted
Mixed
3 txns
Insider
GRANDY EDWARD
Role
Sr VP, GC & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 8,375 | $0.00 | -- |
| Exercise | Common Shares | 8,375 | $0.00 | -- |
| Tax Withholding | Common Shares | 4,110 | $6.47 | $27K |
Holdings After Transaction:
Restricted Share Units — 8,374 shares (Direct);
Common Shares — 143,827 shares (Direct)
Footnotes (1)
- Each restricted share unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. Represents grant of RSUs on January 23, 2024, which vest one-third annually over three years.
FAQ
What insider transactions did LAC executive Edward Grandy report on January 23, 2026?
Edward Grandy reported the vesting of 8,375 restricted share units into common shares and the disposition of 4,110 common shares at $6.47 per share, a transaction coded “F,” typically used for tax withholding or similar obligations tied to equity awards.
What role does Edward Grandy hold at Americas Corp. (LAC)?
Edward Grandy serves as Senior Vice President, General Counsel and Secretary at Americas Corp. His position as an officer makes his equity transactions reportable, and they are disclosed through Section 16 filings such as this Form 4 with the U.S. Securities and Exchange Commission.
How do Edward Grandy’s RSUs at LAC vest over time?
Grandy’s reported restricted share units come from a grant made on January 23, 2024. According to the disclosure, these RSUs vest one-third annually over three years, providing additional common shares at each vesting date as long as vesting conditions are satisfied.