Loma Negra (NYSE: LOMA) operations director details stock unit and ADS holdings
Rhea-AI Filing Summary
Loma Negra Compania Industrial Argentina Sociedad Anonima Director of Operations Lucas Ariel Amchite filed an initial Form 3 reporting his equity interests in the company. He holds performance stock units and restricted stock units each tied to 17,191 underlying ordinary shares, plus 800 Loma Negra ADSs.
The performance stock units are awarded under a total shareholder return plan and may be settled in ordinary shares, ADSs (each representing five ordinary shares), or cash after a three-year performance period. The restricted stock units may also be settled in shares, ADSs, or cash and vest in three equal annual installments starting on January 1, 2027, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Amchite Lucas Ariel
Role
Director of Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Loma Negra ADS | -- | -- | -- |
Holdings After Transaction:
Performance Stock Units — 17,191 shares (Direct);
Restricted Stock Units — 17,191 shares (Direct);
Loma Negra ADS — 800 shares (Direct)
Footnotes (3)
- F1. Each American depositary share (ADS) represents five (5) ordinary shares of Loma Negra C.I.A.S.A. (the Company).
- F2. Each performance stock unit represents a contingent right to receive the economic equivalent of one ordinary share of Loma Negra C.I.A.S.A.(the Company). The Reporting Person was awarded performance stock units under the Company s Stock Compensation Plan Subject to Total Shareholder Return (TSR). The performance stock units may, at the Company s discretion, be settled in ordinary shares, American depositary shares (each representing five (5) ordinary shares) (ADSs) or the equivalent value in cash. The number of ordinary shares, ADSs (or equivalent value in cash) to be delivered upon vesting will be determined by reference to the Company s TSR over a three-year period following the award date (including the year the award was made) and calculated in accordance with the plan. The performance stock units will vest following the end of the three-year performance period, subject to the Reporting Person continued employment with the Company through such vesting date.
- F3. Each restricted stock unit represents a contingent right to receive the economic equivalent of one ordinary share of the Company. The Reporting Person was awarded restricted stock units under the Company s Stock Compensation Plan. The restricted stock units may, at discretion of the Company, be settled in ordinary shares, ADSs or the equivalent value in cash. The restricted stock units vest in substantially equal installments on January 1 of each of the three years following the award date, subject to the Reporting Person continued employment with the Company through each such vesting date, commencing on January 1, 2027.
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FAQ
What does the LOMA Form 3 filing by Lucas Ariel Amchite report?
The Form 3 reports Lucas Ariel Amchite’s initial ownership in Loma Negra. It lists performance stock units, restricted stock units, and 800 ADSs, giving investors a baseline view of his compensation-linked equity position as Director of Operations.
What are the key terms of the LOMA performance stock units disclosed?
Each performance stock unit represents the economic equivalent of one ordinary share. They vest after a three-year performance period tied to total shareholder return and may be settled in ordinary shares, ADSs representing five ordinary shares each, or cash, subject to continued employment.
How do the LOMA restricted stock units for Lucas Ariel Amchite vest?
Each restricted stock unit represents the economic equivalent of one ordinary share. They vest in substantially equal installments on January 1 of each of three years following the award date, beginning January 1, 2027, provided the executive remains employed through each vesting date.
Does the LOMA Form 3 show any insider buying or selling activity?
The Form 3 does not show explicit buy or sell transactions. It primarily records existing holdings of performance stock units, restricted stock units, and ADSs, establishing Amchite’s starting ownership position as a reporting officer under U.S. insider disclosure rules.