Sponsor for TRG Latin America Acquisitions (TRGSU) buys 225K Class A shares

Rhea-AI Filing Summary

TRG Latin America Acquisitions Corp. reported an open-market purchase of 225,000 Class A ordinary shares at $10.00 per share on behalf of its sponsor, TRG Latin America Acquisitions LLC. Footnotes state that TRG Allocation LLC and Chief Executive Officer Nick S. Rohatyn control the managing member of the sponsor and therefore may be deemed beneficial owners of these securities, while each disclaims beneficial ownership except to the extent of any pecuniary interest.

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

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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^*

TRG Latin America Acquisitions LLC

(Last) (First) (Middle)

65 EAST 55TH ST., 15TH FLOOR

(Street)

NEW YORK NY 10022

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TRG Latin America Acquisitions Corp. [ TRGS ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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

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

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

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
Class A Ordinary Shares	02/27/2026	02/27/2026	P		225,000(1)	A	$10	225,000(1)	D(2)

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

1. Name and Address of Reporting Person^*

TRG Latin America Acquisitions LLC

(Last) (First) (Middle)

65 EAST 55TH ST., 15TH FLOOR

(Street)

NEW YORK NY 10022

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

TRG Allocation LLC

(Last) (First) (Middle)

65 EAST 55TH ST., 15TH FLOOR

(Street)

NEW YORK NY 10022

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

Rohatyn Nicolas S

(Last) (First) (Middle)

65 EAST 55TH ST., 15TH FLOOR

(Street)

NEW YORK NY 10022

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

Explanation of Responses:

1. Represents shares underlying the private placement units (each unit consisting of one Class A ordinary share one right to receive one-tenth (1/10) of one Class A ordinary share upon consummation of the Issuer's initial business combination) directly held by TRG Latin America Acquisitions LLC (the "Sponsor"), and which were acquired pursuant to a Private Placement Units Purchase Agreement by and between the Sponsor and TRG Latin America Acquisitions Corp. (the "Issuer"). Does not include 5,750,000 Class B ordinary shares, which shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment as described under the heading "Description of Securities--Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-293354).

2. Nick S. Rohatyn, the Chief Executive Officer and Chairman of the Issuer, controls TRG Allocation LLC, the managing member of the Sponsor and has voting and investment discretion with respect to the securities held of record by the Sponsor. As such, each of TRG Allocation LLC and Mr. Rohatyn may be deemed to have beneficial ownership of the securities held of record by the Sponsor. Each of TRG allocation LLC and Mr. Rohatyn disclaims any beneficial ownership except to the extent of his pecuniary interest therein.

	/s/ Nicolas S. Rohatyn, Manager of TRG Allocation LLC, Managing Member of TRG Latin America Acquisitions LLC	02/27/2026
	/s/ Nicolas S. Rohatyn, Manager of TRG Allocation LLC	02/27/2026
	/s/ Nicolas S. Rohatyn	02/27/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transaction did TRG Latin America Acquisitions Corp. (TRGSU) report?

TRG Latin America Acquisitions Corp. reported that its sponsor bought 225,000 Class A ordinary shares in an open-market transaction at $10.00 per share. The purchase increases the sponsor’s direct holdings and is disclosed as a significant ownership position linked to key affiliated entities.

Who actually holds the 225,000 Class A shares reported by TRGSU?

The 225,000 Class A ordinary shares are held directly by TRG Latin America Acquisitions LLC, the sponsor. Footnotes explain this interest relates to private placement units acquired under a Private Placement Units Purchase Agreement between the sponsor and TRG Latin America Acquisitions Corp.

How are Nick S. Rohatyn and TRG Allocation LLC connected to the TRGSU share purchase?

Nick S. Rohatyn controls TRG Allocation LLC, which is the managing member of the sponsor and has voting and investment discretion over the sponsor’s securities. As a result, both may be deemed beneficial owners, although each disclaims beneficial ownership beyond any pecuniary interest.

What type of security was involved in the TRGSU Form 4 transaction?

The transaction involved Class A ordinary shares of TRG Latin America Acquisitions Corp., tied to private placement units. Each unit consists of one Class A ordinary share and one right to receive one-tenth of a Class A ordinary share upon completion of the initial business combination.

Does the TRGSU filing mention any additional shares related to the sponsor’s holdings?

Yes. The disclosure notes an additional 5,750,000 Class B ordinary shares that will automatically convert into Class A ordinary shares on a one-for-one basis at the initial business combination or earlier at the holder’s option, subject to adjustments described in the company’s registration statement.

What was the transaction direction in the TRGSU Form 4 insider report?

The Form 4 describes a buy transaction, specifically an open-market purchase of 225,000 Class A ordinary shares at $10.00 per share. This is classified as a non-derivative acquisition, increasing the sponsor’s directly held position in the company’s Class A ordinary shares.