[Form 3] Logistic Properties of the Americas Initial Statement of Beneficial Ownership
Rhea-AI Filing Summary
Logistic Properties of the Americas director and ten percent owner Thomas McDonald filed an initial ownership statement showing direct, derivative and indirect interests in the company. The filing lists three Restricted Stock Unit (RSU) awards under the 2024 Equity Incentive Plan, each tied to 7,500 Ordinary Shares at an exercise price of $0.00 per share for calendar years 2024, 2025 and 2026, all fully vested on the grant date. It also reports 22,500 Ordinary Shares held directly and large indirect positions of 25,408,240 and 903,760 Ordinary Shares held by investment funds and an LLC managed by entities associated with McDonald. The footnotes state he shares voting and investment discretion over these funds and disclaims beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
McDonald Thomas
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 22,500 shares (Direct);
Ordinary Shares — 22,500 shares (Direct);
Ordinary Shares — 26,312,000 shares (Indirect, See footnote.)
Footnotes (6)
- F1. Includes Ordinary Shares exercisable pursuant to Restricted Stock Unit ("RSU") awards issued pursuant to the Logistic Properties of the Americas 2024 Equity Incentive Plan. Each RSU represents a right to receive one share of the Issuer's common stock.
- F2. Represents shares held by JREP I Logistics Acquisition, LP, and Jaguar Real Estate Partners, LP. JREP I Logistics Acquisition, LP and Jaguar Real Estate Partners, LP are investment funds managed by JREP GP, LLC. JREP GP, LLC is managed by Jaguar Growth Partners Group LLC, managing members of which are Gary R. Garrabrant and Thomas McDonald, who share equally in the voting and investment discretion with respect to investments held by such funds. Gary R. Garrabrant and Thomas McDonald disclaim beneficial ownership of the reported securities other than to the extent of any pecuniary interest they may have therein, directly or indirectly. The business address of the reporting person is 601 Brickell Key Drive, Suite 700, Miami, Florida 33133.
- F3. Represents shares held by Latam Logistic Equity Partners, LLC. Latam Logistic Equity Partners is managed by JREP I Logistics Acquisition, LP. Thomas McDonald disclaims beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have directly or indirectly. The business address of the reporting person is 601 Brickell Key Drive, Suite 700, Miami, Florida 33133.
- F4. Represents an RSU award granted for calendar year 2026 pursuant to the Logistic Properties of the Americas 2024 Equity Incentive Plan. Each RSU represents the right to receive one share of LPA Ordinary Stock on the date that the RSU vests. This Award was fully vested as of the Grant Date.
- F5. Represents an RSU award granted for calendar year 2024 pursuant to the Logistic Properties of the Americas 2024 Equity Incentive Plan. Each RSU represents the right to receive one share of LPA Ordinary Stock on the date that the RSU vests. This Award was fully vested as of the Grant Date.
- F6. Represents an RSU award granted for calendar year 2025 pursuant to the Logistic Properties of the Americas 2024 Equity Incentive Plan. Each RSU represents the right to receive one share of LPA Ordinary Stock on the date that the RSU vests. This Award was fully vested as of the Grant Date.
Key Figures
RSU underlying shares (2024 award): 7,500 shares
RSU underlying shares (2025 award): 7,500 shares
RSU underlying shares (2026 award): 7,500 shares
+4 more
7 metrics
RSU underlying shares (2024 award)
7,500 shares
Each RSU represents one LPA Ordinary Share for calendar year 2024
RSU underlying shares (2025 award)
7,500 shares
Each RSU represents one LPA Ordinary Share for calendar year 2025
RSU underlying shares (2026 award)
7,500 shares
Each RSU represents one LPA Ordinary Share for calendar year 2026
RSU exercise price
$0.00 per share
Exercise price on the Restricted Stock Units reported
Direct Ordinary Shares
22,500 shares
Ordinary Shares held directly by Thomas McDonald
Indirect fund-held shares
25,408,240 shares
Ordinary Shares held by JREP I Logistics Acquisition, LP and Jaguar Real Estate Partners, LP
Indirect LLC-held shares
903,760 shares
Ordinary Shares held by Latam Logistic Equity Partners, LLC
Key Terms
Restricted Stock Unit, Equity Incentive Plan, pecuniary interest, beneficial ownership, +1 more
5 terms
Restricted Stock Unit financial
"Includes Ordinary Shares exercisable pursuant to Restricted Stock Unit ("RSU") awards issued"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Equity Incentive Plan financial
"awards issued pursuant to the Logistic Properties of the Americas 2024 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
pecuniary interest financial
"disclaim beneficial ownership of the reported securities other than to the extent of any pecuniary interest"
beneficial ownership financial
"disclaim beneficial ownership of the reported securities other than to the extent of any pecuniary interest"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
indirect ownership financial
"Represents shares held by Latam Logistic Equity Partners, LLC"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Thomas McDonald’s Form 3 for Logistic Properties of the Americas (LPA) show?
Thomas McDonald’s Form 3 reports his initial ownership in Logistic Properties of the Americas. It details direct Ordinary Share holdings, multiple RSU awards under the 2024 Equity Incentive Plan, and substantial indirect interests held through investment funds and an LLC associated with him.
How many Restricted Stock Units does Thomas McDonald report in LPA?
Thomas McDonald reports three RSU awards, each linked to 7,500 LPA Ordinary Shares. The awards cover calendar years 2024, 2025 and 2026 under the 2024 Equity Incentive Plan and were fully vested as of their respective grant dates, with an exercise price of $0.00 per share.
How are Thomas McDonald’s RSU awards in LPA structured?
Each RSU represents the right to receive one LPA Ordinary Share on vesting. The awards for calendar years 2024, 2025 and 2026 were granted under the 2024 Equity Incentive Plan, were fully vested on the grant date, and carry a $0.00 exercise price according to the filing.