Marquina Javier 4

What Happened
Javier Marquina, a director of Logistic Properties of the Americas (LPA), was granted a total of 37,500 restricted stock units (RSUs) on April 1, 2026. The awards were reported on Form 4 as derivative acquisitions (transaction code A) and consist of: 15,000 RSUs (bonus for 2024) plus three awards of 7,500 RSUs each (awards for 2024, 2025 and 2026). No per-share price or cash consideration is reported because RSUs are awards representing the right to receive shares; each RSU converts to one ordinary share upon vesting. According to the filing footnotes, each listed award was fully vested as of the grant date.

Key Details

• Transaction date: 2026-04-01; Form 4 filed 2026-04-02 (appears timely).
• Transaction type: Award/Grant (code A); classified as derivative securities (RSUs).
• Quantity granted: 15,000 RSUs (F2) + 7,500 RSUs (F3) + 7,500 RSUs (F4) + 7,500 RSUs (F5) = 37,500 RSUs total.
• Price/value: N/A on the Form (RSUs do not report an acquisition price).
• Shares owned after transaction: Not specified in the provided filing data.
• Footnotes: F1–F5 explain these are RSUs under the Logistic Properties of the Americas 2024 Equity Incentive Plan; each RSU equals a right to one ordinary share and the listed awards were fully vested as of grant date.
• Filing timeliness: No late-filing flag indicated.

Context
RSUs are compensation awards (not open-market purchases or sales). Because these awards were reported as fully vested at grant, Marquina had the immediate right to receive shares (subject to plan delivery/settlement mechanics). Such grants represent compensation rather than a direct insider purchase (which many investors view as a stronger bullish signal). The filing does not show any sale or cashless exercise associated with these RSUs.