LPA (LPA) CFO discloses RSU grants and 8,610 Ordinary Shares
Rhea-AI Filing Summary
Logistic Properties of the Americas Chief Financial Officer James Paul Smith-Marquez has reported his initial equity holdings. The filing shows he directly holds 8,610 Ordinary Shares, after 5,056 shares were withheld for taxes on vesting. He also holds two Restricted Stock Unit awards covering 41,000 underlying Ordinary Shares each, tied to 2024 and 2025 grants that vest in roughly one-third installments from April 1, 2025 through April 1, 2028, as long as he remains employed.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
SMITH-MARQUEZ JAMES PAUL
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Ordinary Shares (RSU) | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 82,000 shares (Direct);
Ordinary Shares (RSU) — 8,610 shares (Direct)
Footnotes (3)
- F1. 5,056 Ordinary Shares withheld from total number vested for tax purposes.
- F2. Represents Restricted Stock Unit ("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. Subject to certain exceptions, approximately one-third of the RSU vested on April 1, 2025, one-third of the RSU shall vest on April 1, 2026, and one-third of the RSU shall vest on April 1, 2027, provided that the reporting person remains employed by the issuer.
- F3. 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. Subject to certain exceptions, approximately one-third of the RSU shall vest on April 1, 2026, one-third of the RSU shall vest on April 1, 2027, and one-third of the RSU shall vest on April 1, 2028, provided that the reporting person remains employed by the issuer.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Logistic Properties of the Americas (LPA) Form 3 disclose for its CFO?
The Form 3 shows CFO James Paul Smith-Marquez’s initial equity position. He directly holds 8,610 Ordinary Shares and two Restricted Stock Unit awards, each tied to 41,000 underlying Ordinary Shares, reflecting his starting ownership as an officer of Logistic Properties of the Americas.
What Restricted Stock Unit awards are reported for LPA’s CFO on the Form 3?
The filing reports two Restricted Stock Unit awards. Each RSU award is linked to 41,000 underlying LPA Ordinary Shares, granted under the Logistic Properties of the Americas 2024 Equity Incentive Plan for calendar years 2024 and 2025, subject to the specified vesting schedules.
What is the vesting schedule for the LPA CFO’s 2024 RSU award?
The 2024 RSU award vests in three equal installments. Approximately one-third vested on April 1, 2025, another third is scheduled to vest on April 1, 2026, and the final third on April 1, 2027, assuming continued employment with Logistic Properties of the Americas.
When do the 2025 RSU awards for Logistic Properties of the Americas CFO vest?
The 2025 RSU award also vests in three stages. Approximately one-third is scheduled to vest on April 1, 2026, another third on April 1, 2027, and the last third on April 1, 2028, provided the CFO remains employed by Logistic Properties of the Americas.