LPA director receives fully vested RSU awards

Salgar Mauricio reported acquisition or exercise transactions in this Form 4 filing.

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.

Insider Trade Summary

Grant/Award: 22,500 shares

Grant/Award 4 txns

Insider Salgar Mauricio

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	7,500	$0.00	$0.00
Grant/Award	Restricted Stock Unit	7,500	$0.00	$0.00
Grant/Award	Restricted Stock Unit	7,500	$0.00	$0.00
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Restricted Stock Unit — 22,500 contracts (Direct); Ordinary Shares — 25,000 shares (Direct)

Footnotes (4)

1. 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.
2. F2. 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.
3. F3. 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.
4. F4. 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."

Ordinary Shares financial

"Each RSU represents the right to receive one share of LPA Ordinary Stock on the date that the RSU vests."

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.

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.

How many LPA Ordinary Shares does Mauricio Salgar hold after these transactions?

After the reported transactions, Salgar directly holds 25,000 Ordinary Shares. A footnote explains this figure includes Ordinary Shares issuable pursuant to his RSU awards, so it reflects both existing shares and share rights from the grants.

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.

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Accepted by SEC EDGAR 04/03/2026 - 12:52 PM Learn about SEC filing dates

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
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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^*

Salgar Mauricio

(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)

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

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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares(1)								25,000	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(2)	04/01/2026		A		7,500		05/15/2024	(2)	Ordinary Shares	7,500	(2)	7,500	D
Restricted Stock Unit	(3)	04/01/2026		A		7,500		04/01/2026	(3)	Ordinary Shares	7,500	(3)	7,500	D
Restricted Stock Unit	(4)	04/01/2026		A		7,500		04/01/2025	(4)	Ordinary Shares	7,500	(4)	7,500	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 right to receive one share of the Issuer's common stock.

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. This Award was fully vested as of the Grant Date.

3. 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.

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. This Award was fully vested as of the Grant Date.

Remarks:

	Robert T. Strongarone, attorney-in-fact	04/03/2026
	** 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).
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* Form 4: SEC 1474 (03-26)