LAC Form 4/A: RSU vesting and 128,795 insider shares reported

Rhea-AI Filing Summary

Lithium Americas Corp. (LAC)January 23, 2025 and January 31, 2025, restricted share units (RSUs) were converted to 6,629 and 6,032 common shares, respectively, at a price of $0 per share, increasing the insider’s direct holdings to 91,617 and then 97,649 common shares after those transactions. The filing explains that each RSU represents a contingent right to receive one common share and references grants originally made in 2022 and 2024 with annual vesting schedules. The amendment removes a previously reported vesting of 3,918 common shares dated February 29, 2025 and states that, as of the date of this amended filing, the reporting person directly holds 128,795 common shares, a total adjusted by one share due to a rounding discrepancy.

11/26/2025 - 06:01 PM

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).

1. Name and Address of Reporting Person^*

CROWLEY TIMOTHY AMBROSE

(Last) (First) (Middle)

C/O LITHIUM AMERICAS CORP.

5310 KIETZKE LANE, SUITE 200

(Street)

RENO NV 89511

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LITHIUM AMERICAS CORP. [ LAC ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, Gov & External Affairs

3. Date of Earliest Transaction (Month/Day/Year)
01/23/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)
04/14/2025

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

X	Form filed by One Reporting Person
	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
Common Shares	01/23/2025		M		6,629	A	$0	91,617	D
Common Shares	01/31/2025		M		6,032	A	$0	97,649	D

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
Restricted Share Units	(1)	01/23/2025		M			6,629	(2)	(2)	Common Shares	6,629	$0	13,257	D
Restricted Share Units	(1)	01/31/2025		M			6,032	(3)	(3)	Common Shares	6,032	$0	0	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.

2. Represents grant of RSUs on January 23, 2024, which vests 1/3 annually beginning in 2025.

3. Represents grant of RSUs on January 31, 2022, the balance of which vest in January 2025.

Remarks:

THE FORM 4 IS BEING AMENDED TO REMOVE THE TRANSACTION REPORTING THE VESTING OF 3,918 COMMON SHARES ON FEBRUARY 29, 2025. AS OF THE DATE OF THIS FORM 4/A FILING, THE TOTAL COMMON SHARES HELD DIRECTLY BY THE REPORTING PERSON IS 128,795. THE TOTAL HAS BEEN ADJUSTED BY ONE (1) SHARE DUE TO A ROUNDING DISCREPANCY.

	/s/ Tereza Fonda as attorney-in-fact for Timothy Ambrose Crowley	11/26/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What does the Lithium Americas (LAC) Form 4/A report for the insider?

The Form 4/A reports that a company officer, the VP of Government & External Affairs, had restricted share units convert into common shares and updates the total number of common shares held directly.

What RSU conversions are disclosed in the Lithium Americas (LAC) Form 4/A?

The filing shows RSUs converting into 6,629 common shares on January 23, 2025 and 6,032 common shares on January 31, 2025, both at a price of $0 per share.

How many Lithium Americas (LAC) shares does the reporting person hold after the amendment?

The remarks state that, as of the date of this amended Form 4/A, the reporting person directly holds 128,795 common shares, adjusted by one share due to a rounding discrepancy.

Why was the Lithium Americas (LAC) Form 4/A filed as an amendment?

The amendment was filed to remove a previously reported transaction that had shown the vesting of 3,918 common shares on February 29, 2025 and to correct the total direct share holdings.

What are RSUs as described in the Lithium Americas (LAC) Form 4/A?

The filing explains that each restricted stock unit (RSU) represents a contingent right to receive one share of Lithium Americas’ common stock, subject to the vesting terms of the grant.

Which RSU grants are referenced in the Lithium Americas (LAC) Form 4/A?

The document refers to RSU grants made on January 31, 2022 and January 23, 2024, with vesting schedules that include annual vesting beginning in 2025 and a final vesting in January 2025.

What is the reporting person’s relationship to Lithium Americas (LAC)?

The reporting person is identified as an officer of Lithium Americas Corp., serving as VP, Government & External Affairs, and files individually on this Form 4/A.