Americas Corp (LAC) EVP granted 55,403 RSUs and 44,434 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Americas Corp. executive vice president of Capital Projects Richard Gerspacher reported equity awards consisting of common shares and restricted share units. On January 29, 2026, he received 44,434 common shares at $0 per share, bringing his directly held common share balance to 137,862.
He was also granted 55,403 restricted share units at $0 per unit. One grant of short-term RSUs vests 100% 60 days after the grant date, while another RSU grant vests in three equal annual installments on each anniversary of January 29, starting in 2027. Each RSU represents the right to receive one common share.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
GERSPACHER RICHARD
Role
EVP, Capital Projects
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 55,403 | $0.00 | -- |
| Grant/Award | Common Shares | 44,434 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 55,403 shares (Direct);
Common Shares — 137,862 shares (Direct)
Footnotes (1)
- Represents grant of short-term restricted share units which vest 100% 60 days from the grant date. 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 29, 2026, which vest 1/3 annually on the anniversary of the grant date, beginning in 2027.
FAQ
What insider transaction did Americas Corp (LAC) report for Richard Gerspacher?
Americas Corp reported that EVP, Capital Projects, Richard Gerspacher received equity awards on January 29, 2026. He acquired 44,434 common shares at $0 per share and 55,403 restricted share units, increasing his directly held common share position to 137,862.
What are the vesting terms of the short-term RSUs granted by Americas Corp (LAC)?
The short-term restricted share units granted to Richard Gerspacher vest 100% 60 days from the January 29, 2026 grant date. Once vested, each RSU entitles him to receive one share of Americas Corp common stock, according to the Form 4 footnotes.
How do the long-term RSUs for the Americas Corp (LAC) EVP vest over time?
A separate RSU grant made on January 29, 2026 vests in three equal installments. One-third of these restricted share units vests annually on each anniversary of the grant date, beginning in 2027, providing a multi-year equity incentive tied to continued service.