Americas Corp (LAC) VP exercises 7,037 RSUs, withholds 3,137 shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Americas Corp. executive Aubree Barnum, VP of Human Resources, reported equity compensation activity involving restricted share units and common shares on January 23, 2026. Barnum exercised 7,037 restricted share units at an exercise price of $0, receiving 7,037 common shares.
To cover tax obligations related to this vesting, 3,137 common shares were withheld at $6.47 per share. After these transactions, Barnum directly owned 70,273 common shares, with an additional 24 common shares reported as indirectly owned and held by a spouse. The underlying RSU grant was originally made on January 23, 2024 and vests in thirds annually beginning in 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,037 shares exercised/converted
Mixed
4 txns
Insider
BARNUM AUBREE
Role
VP, Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 7,037 | $0.00 | -- |
| Exercise | Common Shares | 7,037 | $0.00 | -- |
| Tax Withholding | Common Shares | 3,137 | $6.47 | $20K |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 7,037 shares (Direct);
Common Shares — 73,410 shares (Direct);
Common Shares — 24 shares (Indirect, Held by spouse)
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 vests 1/3 annually beginning in 2025.
FAQ
What insider transaction did LAC VP Aubree Barnum report?
Aubree Barnum reported exercising 7,037 restricted share units for 7,037 common shares. In the same transaction, 3,137 common shares were withheld at $6.47 per share to satisfy tax obligations related to the vesting event.
What was the price involved in the LAC tax withholding transaction?
To cover taxes from the RSU vesting, 3,137 Americas Corp. common shares were withheld at $6.47 per share. This withholding, marked with transaction code “F,” reduced the directly held share count while settling the associated tax obligation in shares.
What does transaction code “M” mean in this LAC Form 4?
In this Form 4, transaction code “M” indicates the conversion of derivative securities, here restricted share units, into common shares. Barnum’s 7,037 RSUs converted into 7,037 Americas Corp. common shares at a stated exercise price of $0 per share.