Here are the Form 4 insider transactions from TRG Latin America Acquisitions Corp. Units (TRGSU) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow TRGSU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TRGSU filings page.
TRG Latin America Acquisitions LLC, the sponsor of TRG Latin America Acquisitions Corp., surrendered 592,000 Class B ordinary shares to the company for no consideration in connection with the underwriters’ partial exercise of the over-allotment option from the initial public offering. Following this restructuring, the sponsor holds 5,158,000 Class B ordinary shares. These Class B shares are described as founder shares that automatically convert into Class A ordinary shares on a one-for-one basis at the time of the company’s initial business combination, or earlier at the holder’s option, and they have no expiration date.
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.