LPA (LPA) CEO receives multi-year RSU grants and holds 31,500 shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Saldarriaga Esteban reported acquisition or exercise transactions in this Form 4 filing.

Logistic Properties of the Americas Chief Executive Officer Esteban Saldarriaga received multiple restricted stock unit (RSU) awards tied to company ordinary shares. On April 1, 2026, he was granted RSUs over 50,000 shares for 2024, a 120,000-share 2024 transaction bonus, and additional 50,000-share awards for 2025 and 2026, all at a grant price of $0.00 per unit.

According to the vesting terms, the 2024 and 2025 awards vest in roughly one-third annual installments across 2025–2028, while the 2024 transaction bonus and 2026 award vest fully or in thirds through 2029, generally requiring continued employment. After these awards and related tax withholding of 18,501 shares on vested RSUs, he directly holds 31,500 ordinary shares plus these RSU awards.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Saldarriaga Esteban

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	50,000	$0.00	--
Grant/Award	Restricted Stock Unit	120,000	$0.00	--
Grant/Award	Restricted Stock Unit	50,000	$0.00	--
Grant/Award	Restricted Stock Unit	50,000	$0.00	--
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Restricted Stock Unit — 16,666 shares (Direct); Ordinary Shares — 31,500 shares (Direct)

Footnotes (1)

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 contingent right to receive one share of the Issuer's common stock. 18,501 Ordinary Shares were withheld from total number vested for tax purposes. 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. Subject to certain exceptions, approximately one-third of the RSU vested on April 1, 2025, one-third of the RSU vested 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. Represents an RSU transaction bonus award for calendar year 2024 granted 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 will vest with respect to 100% of the Restricted Stock Units on April 1, 2027. 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 vested 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. 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. Subject to certain exceptions, approximately one-third of the RSU shall vest on April 1, 2027, one-third of the RSU shall vest on April 1, 2028 and one-third of the RSU shall vest on April 1, 2029, provided that the reporting person remains employed by the issuer.

Key Figures

2024 RSU award size: 50,000 RSUs 2024 RSU bonus award: 120,000 RSUs 2025 RSU award size: 50,000 RSUs +3 more

6 metrics

2024 RSU award size 50,000 RSUs Calendar year 2024 service award granted April 1, 2026

2024 RSU bonus award 120,000 RSUs 2024 transaction bonus award vesting 100% on April 1, 2027

2025 RSU award size 50,000 RSUs Calendar year 2025 award with vesting from 2026 to 2028

2026 RSU award size 50,000 RSUs Calendar year 2026 award with vesting from 2027 to 2029

Shares currently held 31,500 shares Ordinary shares directly held after April 1, 2026 transactions

Tax withholding on vesting 18,501 shares Ordinary shares withheld from vested RSUs for tax purposes

Key Terms

Restricted Stock Unit, Equity Incentive Plan, withheld for tax purposes, vest, +1 more

5 terms

Restricted Stock Unit financial

"Includes Ordinary Shares exercisable pursuant to Restricted Stock Unit ("RSU") awards issued pursuant to the Logistic Properties of the Americas 2024 Equity Incentive Plan."

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.

withheld for tax purposes financial

"18,501 Ordinary Shares were withheld from total number vested for tax purposes."

vest financial

"one-third of the RSU vested on April 1, 2025, one-third of the RSU vested on April 1, 2026, and one-third of the RSU shall vest on April 1, 2027"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Ordinary Shares financial

"Includes Ordinary Shares exercisable pursuant to Restricted Stock Unit ("RSU") awards"

Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.

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Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 09:16 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Saldarriaga Esteban

(Last)

(First)

(Middle)

1395 BRICKELL AVENUE

SUITE 800

(Street)

MIAMI

FLORIDA

33131

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Logistic Properties of the Americas [ LPA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares								31,500⁽¹⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	⁽²⁾	04/01/2026		A		50,000		⁽²⁾	⁽²⁾	Ordinary Shares	50,000	⁽²⁾	16,666	D
Restricted Stock Unit	⁽³⁾	04/01/2026		A		120,000		04/01/2027	⁽³⁾	Ordinary Shares	120,000	⁽³⁾	120,000	D
Restricted Stock Unit	⁽⁴⁾	04/01/2026		A		50,000		⁽⁴⁾	⁽⁴⁾	Ordinary Shares	50,000	⁽⁴⁾	33,333	D
Restricted Stock Unit	⁽⁵⁾	04/01/2026		A		50,000		⁽⁵⁾	⁽⁵⁾	Ordinary Shares	50,000	⁽⁵⁾	50,000	D

Explanation of Responses:

1. 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 contingent right to receive one share of the Issuer's common stock. 18,501 Ordinary Shares were withheld from total number vested for tax purposes.

2. 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. Subject to certain exceptions, approximately one-third of the RSU vested on April 1, 2025, one-third of the RSU vested 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.

3. Represents an RSU transaction bonus award for calendar year 2024 granted 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 will vest with respect to 100% of the Restricted Stock Units on April 1, 2027.

4. 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 vested 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.

5. 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. Subject to certain exceptions, approximately one-third of the RSU shall vest on April 1, 2027, one-third of the RSU shall vest on April 1, 2028 and one-third of the RSU shall vest on April 1, 2029, provided that the reporting person remains employed by the issuer.

Remarks:

	Robert T. Strongarone, attorney-in-fact	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What RSU awards did LPA CEO Esteban Saldarriaga receive on April 1, 2026?

On April 1, 2026, CEO Esteban Saldarriaga received four RSU grants: 50,000 shares for 2024, a 120,000-share 2024 transaction bonus, and two additional 50,000-share awards for 2025 and 2026, all under the 2024 Equity Incentive Plan.

How do the new LPA CEO RSU awards vest over time?

The 2024 and 2025 RSU awards vest in approximately one-third annual installments on April 1 of 2025–2027 and 2026–2028, respectively. The 2024 transaction bonus vests 100% on April 1, 2027, while the 2026 award vests in thirds from 2027 through 2029, subject to continued employment.

How many LPA ordinary shares does the CEO hold after these RSU transactions?

After the reported RSU grants and related activity, CEO Esteban Saldarriaga directly holds 31,500 LPA ordinary shares. This figure reflects his common stock position following the April 1, 2026 transactions and associated tax withholding described in the footnotes.

What is the relationship between LPA RSUs and ordinary shares for the CEO awards?

Each restricted stock unit granted to the LPA CEO represents the right to receive one ordinary share on vesting. The RSUs are issued under the Logistic Properties of the Americas 2024 Equity Incentive Plan and convert into ordinary shares as vesting conditions are met.

Were any LPA shares withheld from the CEO’s RSU vesting for taxes?

Yes. The footnotes state that 18,501 ordinary shares were withheld from the total number of vested shares for tax purposes. This withholding applied to RSU awards issued under the Logistic Properties of the Americas 2024 Equity Incentive Plan.

Are the LPA CEO’s RSU awards dependent on continued employment?

Most RSU awards to the LPA CEO are subject to continued employment with Logistic Properties of the Americas. The footnotes specify that vesting generally occurs on scheduled dates only if he remains employed, with limited exceptions described in the plan.