Logistic Properties (NYSE: LPA) affiliate to sell 316K shares
Rhea-AI Filing Summary
Logistic Properties of the Americas (LPA) received a notice that affiliate JREP I Logistics Acquisition plans to sell ordinary shares under Rule 144. The planned sale covers 316,178 ordinary shares, to be executed through J.P. Morgan Securities LLC on or about August 24, 2026 on the NYSE. The filing lists an aggregate market value of approximately $1,008,607.82 for these shares. The shares were originally acquired on October 30, 2018 in a private pre‑IPO investment from the issuer.
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Key Figures
Ordinary shares to be sold: 316,178 shares
Aggregate market value: $1,008,607.82
Proposed sale date: 08/24/2026
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4 metrics
Ordinary shares to be sold
316,178 shares
Amount of Logistic Properties of the Americas ordinary shares covered by the Form 144
Aggregate market value
$1,008,607.82
Market value reported for the 316,178 ordinary shares to be sold
Proposed sale date
08/24/2026
Date listed for the sale of LPA ordinary shares on the NYSE
Date of acquisition
10/30/2018
Acquisition date of the 316,178 ordinary shares via Private Investment PreIPO
Key Terms
Rule 144, Private Investment PreIPO, attorney-in-fact, affiliate
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Private Investment PreIPO financial
"Ordinary Shares | 10/30/2018 | Private Investment PreIPO | Issuer"
attorney-in-fact regulatory
"J.P. Morgan Securities LLC as agent and attorney-in-fact for JREP I"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
affiliate regulatory
"In addition, information shall be given as to sales by all persons ... Affiliate"
FAQ
What does the Form 144 filing report for Logistic Properties of the Americas (LPA)?
The filing reports that affiliate JREP I Logistics Acquisition intends to sell 316,178 ordinary shares of Logistic Properties of the Americas under Rule 144, with the sale to be handled by J.P. Morgan Securities LLC on the NYSE.
AI-generated analysis. How Rhea-AI works. Not financial advice.