Saldarriaga Esteban 4
4 · Logistic Properties of the Americas · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
LPA CEO Esteban Saldarriaga Receives RSU Awards
What Happened Esteban Saldarriaga, CEO of Logistic Properties of the Americas (LPA), was granted a total of 270,000 restricted stock units (RSUs) on April 1, 2026 (four separate awards: 50,000; 120,000; 50,000; 50,000). These are derivative awards (RSUs) — each RSU represents a contingent right to receive one share of LPA common stock upon vesting. No per-share purchase price or immediate cash transaction was reported (price = N/A).
Key Details
- Transaction date: April 1, 2026; Form 4 filed April 2, 2026 (timely).
- Transaction type: A = Award/Grant of RSUs (derivative securities); total granted = 270,000 RSUs.
- Price/value: N/A on the Form 4 (no cash paid; value will depend on LPA stock price at vesting).
- Shares owned after transaction: filing did not specify total shares owned by the reporting person after these awards.
- Notable footnotes:
- F1: 18,501 ordinary shares were withheld from vested shares for tax purposes.
- F2–F5: Awards cover prior grant cycles (2024, 2025, 2026) and a transaction bonus; vesting schedules vary (some awards vest in roughly one‑third annual tranches, others vest 100% on a future date).
- Filing timeliness: appears timely (filed one day after the transaction date).
Context RSUs are compensation awards that convert into actual shares only when they vest (subject to continued employment and specified vesting dates). According to the footnotes, portions of some awards have staggered vesting (e.g., roughly one‑third per year) while a bonus award vests in full on a later date. These grants do not reflect an immediate open‑market purchase or sale and are common executive compensation; they increase potential future share ownership if the awards vest.
Insider Transaction Report
- Award
Restricted Stock Unit
[F2]2026-04-01+50,000→ 16,666 total→ Ordinary Shares (50,000 underlying) - Award
Restricted Stock Unit
[F3]2026-04-01+120,000→ 120,000 totalFrom: 2027-04-01→ Ordinary Shares (120,000 underlying) - Award
Restricted Stock Unit
[F4]2026-04-01+50,000→ 33,333 total→ Ordinary Shares (50,000 underlying) - Award
Restricted Stock Unit
[F5]2026-04-01+50,000→ 50,000 total→ Ordinary Shares (50,000 underlying)
- 31,500
Ordinary Shares
[F1]
Footnotes (5)
- [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 contingent right to receive one share of the Issuer's common stock. 18,501 Ordinary Shares were withheld from total number vested for tax purposes.
- [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. Subject to certain exceptions, approximately one-third of the RSU vested on April 1, 2025, one-third of the RSU vested on April 1, 2026, and one-third of the RSU shall vest on April 1, 2027, provided that the reporting person remains employed by the issuer.
- [F3]Represents an RSU transaction bonus award for calendar year 2024 granted 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 will vest with respect to 100% of the Restricted Stock Units on April 1, 2027.
- [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. Subject to certain exceptions, approximately one-third of the RSU vested on April 1, 2026, one-third of the RSU shall vest on April 1, 2027, and one-third of the RSU shall vest on April 1, 2028, provided that the reporting person remains employed by the issuer.
- [F5]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. Subject to certain exceptions, approximately one-third of the RSU shall vest on April 1, 2027, one-third of the RSU shall vest on April 1, 2028 and one-third of the RSU shall vest on April 1, 2029, provided that the reporting person remains employed by the issuer.