Logistic Properties director exit, 27,500 shares
Former director Roger A. Lazarus filed an exit Form 4 for LPA, reporting continued ownership of 27,500 Ordinary Shares including RSUs.
Rhea-AI Filing Summary
Logistic Properties of the Americas (LPA) reports that Roger A. Lazarus is no longer a director, using this Form 4 as an exit filing. The filing shows that he continues to hold 27,500 Ordinary Shares, including shares issuable pursuant to Restricted Stock Unit awards under the company’s 2024 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lazarus Roger A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares F1 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 27,500 shares (Direct)
Footnotes (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.
Key Figures
Ordinary Shares held after event: 27,500 shares
1 metrics
Ordinary Shares held after event
27,500 shares
Reported holdings of Roger A. Lazarus following the reported event
Key Terms
Ordinary Shares, Restricted Stock Unit, Equity Incentive Plan
3 terms
Restricted Stock Unit financial
"Includes Ordinary Shares exercisable pursuant to Restricted Stock Unit ("RSU") awards"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does this Form 4 report about Logistic Properties of the Americas (LPA)?
It reports that Roger A. Lazarus is no longer a director of Logistic Properties of the Americas and provides an updated statement of his 27,500 Ordinary Shares of ownership, including shares tied to Restricted Stock Unit (RSU) awards.
What are the RSU awards referenced in the LPA Form 4 footnote?
The footnote states that the holdings include Ordinary Shares exercisable pursuant to RSU awards issued under the Logistic Properties of the Americas 2024 Equity Incentive Plan, where each RSU represents a right to receive one share of the company’s common stock.
Was a Rule 10b5-1 trading plan involved in this LPA Form 4?
No. The document-level checkbox indicates no Rule 10b5-1 plan; the box affirming that trades were made under a Rule 10b5-1 trading plan is not checked for this filing.
What is Roger A. Lazarus’s role with LPA after this Form 4?
The remarks state that this is an exit Form 4 filed solely to report that Roger A. Lazarus is no longer a director of Logistic Properties of the Americas. The filing does not describe any new role.
AI-generated analysis. How Rhea-AI works. Not financial advice.