Fernandez Pagan Annette 4

What Happened

• Annette Fernandez Pagan, Chief Operating Officer of Logistic Properties of the Americas (LPA), was the recipient of four RSU awards reported on April 1, 2026, totaling 168,000 restricted stock units (78,000; 30,000; 30,000; 30,000). These are derivative awards (RSUs) with no purchase price reported (price = N/A). The filing reflects grant/acquisition (transaction code A), not a market purchase or sale.

Key Details

• Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (filed within the standard 2‑business‑day window).
• Shares/units granted: 78,000; 30,000; 30,000; 30,000 — total 168,000 RSUs. Price: N/A (derivative award).
• Shares owned after transaction: Not disclosed in the provided data.
• Tax withholding: Footnote indicates 11,100 ordinary shares were withheld from the total number vested for tax purposes.
• Vesting notes (selected):
  • Some awards vest in thirds over multiple years (e.g., one‑third vested Apr 1, 2026 for certain 2025/2024 awards; remaining tranches vest in 2027–2029 depending on the grant). One award vests 100% on Apr 1, 2027. See filing footnotes for each grant’s schedule.

Context

• RSUs are contingent rights to receive common shares upon vesting; these grants are compensation, not open‑market purchases or sales. Tax withholding of vested shares is routine. Because these are awards, they do not directly signal buying or selling by the insider; they reflect company compensation and retention practices.