RSU grants lift Logistic Properties (LPA) director’s share position
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Salgar Mauricio reported acquisition or exercise transactions in this Form 4 filing.
Logistic Properties of the Americas director Mauricio Salgar received three fully vested restricted stock unit (RSU) awards, each covering 7,500 RSUs, under the Logistic Properties of the Americas 2024 Equity Incentive Plan. Each RSU represents the right to receive one LPA Ordinary Share upon vesting.
After these awards, Salgar directly holds 25,000 Ordinary Shares, which the disclosure notes includes Ordinary Shares issuable pursuant to his RSU awards. These transactions are compensation grants, not open-market purchases or sales, and do not involve any cash paid by Salgar.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Salgar Mauricio
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 7,500 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 7,500 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 7,500 | $0.00 | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 7,500 shares (Direct);
Ordinary Shares — 25,000 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 right to receive one share of the Issuer's common stock. 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. 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. 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 award 1 size: 7,500 RSUs
RSU award 2 size: 7,500 RSUs
RSU award 3 size: 7,500 RSUs
+3 more
6 metrics
RSU award 1 size
7,500 RSUs
Restricted Stock Unit grant for calendar year 2024
RSU award 2 size
7,500 RSUs
Restricted Stock Unit grant for calendar year 2025
RSU award 3 size
7,500 RSUs
Restricted Stock Unit grant for calendar year 2026
Total RSUs granted
22,500 RSUs
Sum of three 7,500-unit RSU awards
Share holdings after transaction
25,000 Ordinary Shares
Direct holdings after reported RSU awards
RSU grant price
$0.0000 per unit
Compensation grant, no cash paid by director
Key Terms
Restricted Stock Unit, Logistic Properties of the Americas 2024 Equity Incentive Plan, Ordinary Shares, fully vested as of the Grant Date, +1 more
5 terms
Restricted Stock Unit financial
"Represents an RSU award granted for calendar year 2024 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.
Logistic Properties of the Americas 2024 Equity Incentive Plan financial
"RSU awards issued pursuant to the Logistic Properties of the Americas 2024 Equity Incentive Plan."
fully vested as of the Grant Date financial
"This Award was fully vested as of the Grant Date."
RSU vests financial
"Each RSU represents the right to receive one share of LPA Ordinary Stock on the date that the RSU vests."
FAQ
What did Logistic Properties of the Americas (LPA) disclose in this Form 4?
The filing shows director Mauricio Salgar received three fully vested RSU awards of 7,500 units each. These compensation grants give him rights to receive LPA Ordinary Shares without any cash payment on his part.
How many restricted stock units did LPA director Mauricio Salgar receive?
Mauricio Salgar was granted 7,500 RSUs in three separate awards, totaling 22,500 RSUs. Each restricted stock unit represents the right to receive one LPA Ordinary Share, according to the company’s 2024 Equity Incentive Plan footnotes.
What equity plan governs the RSU grants to LPA director Mauricio Salgar?
The RSU awards were issued under the Logistic Properties of the Americas 2024 Equity Incentive Plan. Footnotes state each RSU equals one LPA Ordinary Share, and the awards for calendar years 2024, 2025, and 2026 were fully vested on the grant date.
Are the RSU awards to LPA’s director immediately vested?
Yes. Each RSU award for calendar years 2024, 2025, and 2026 is described as fully vested as of the grant date. That means Salgar’s right to receive the corresponding LPA Ordinary Shares is not subject to additional vesting conditions.
Do these LPA RSU grants involve any open-market buying or selling by the director?
No. The transactions are coded as A, meaning awards or other acquisitions, at a price of $0.0000 per unit. They are compensation-related RSU grants, not open-market purchases or sales of LPA Ordinary Shares by Salgar.