Americas Corp (NYSE: LAC) SVP receives new share and RSU grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Americas Corp. senior vice president, general counsel and secretary Edward Grandy reported new equity compensation awards. On January 29, 2026 he acquired 33,655 common shares at a price of $0, increasing his directly held common shares to 173,372.
He was also granted 32,971 restricted share units at $0, each representing a contingent right to one common share, leaving him with 32,971 RSUs outstanding. The filing notes one RSU grant vests fully 60 days from grant, while another vests in thirds annually beginning in 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
GRANDY EDWARD
Role
Sr VP, GC & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 32,971 | $0.00 | -- |
| Grant/Award | Common Shares | 33,655 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 32,971 shares (Direct);
Common Shares — 173,372 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 LAC executive Edward Grandy report?
Edward Grandy reported receiving equity compensation in the form of common shares and restricted share units. On January 29, 2026 he acquired 33,655 common shares at $0 and was granted 32,971 RSUs, all held directly, increasing his overall equity exposure to Americas Corp.
Is Edward Grandy’s LAC insider transaction a purchase or a grant?
The transaction reflects equity grants rather than an open-market purchase. Both the 33,655 common shares and 32,971 restricted share units were acquired at a price of $0 as part of his compensation, according to the Form 4 details and explanatory footnotes.