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Americas Corp. (LAC) GC Edward Grandy reports RSU vesting and tax share sale

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Americas Corp. executive Edward Grandy reported an equity award vesting and related share withholding. On January 23, 2026, 8,375 restricted share units were converted into an equal number of common shares at an exercise price of $0.00. On the same date, 4,110 common shares were disposed of at $6.47 per share under code “F,” indicating shares withheld or sold to cover taxes.

After these transactions, Grandy directly held 139,717 common shares of Americas Corp. and 8,374 restricted share units, each representing the right to receive one common share, reflecting his ongoing equity stake tied to prior RSU grants that vest over three years.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
GRANDY EDWARD

(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)
Sr VP, GC & Secretary
3. Date of Earliest Transaction (Month/Day/Year)
01/23/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
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 01/23/2026 M 8,375 A (1) 143,827 D
Common Shares 01/23/2026 F 4,110 D $6.47 139,717 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) 01/23/2026 M 8,375 (2) (2) Common Shares 8,375 $0 8,374 D
Explanation of Responses:
1. Each restricted share 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 vest one-third annually over three years.
/s/ Tereza Fonda as attorney-in-fact for Edward Grandy 01/27/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did LAC executive Edward Grandy report on January 23, 2026?

Edward Grandy reported the vesting of 8,375 restricted share units into common shares and the disposition of 4,110 common shares at $6.47 per share, a transaction coded “F,” typically used for tax withholding or similar obligations tied to equity awards.

How many Americas Corp. (LAC) shares does Edward Grandy hold after this Form 4?

Following the reported transactions, Edward Grandy directly held 139,717 common shares of Americas Corp. He also beneficially owned 8,374 restricted share units, each representing a contingent right to receive one additional common share upon vesting in future periods.

What does the conversion of 8,375 restricted share units mean for LAC’s Edward Grandy?

The conversion means 8,375 of Grandy’s restricted share units vested and became common shares at an exercise price of $0.00. These RSUs stem from a January 23, 2024 grant that vests in three equal annual installments over a three-year period.

Why were 4,110 Americas Corp. (LAC) shares disposed of at $6.47 by Edward Grandy?

The 4,110 shares were disposed of in a transaction coded “F,” which typically indicates shares withheld or sold to satisfy tax obligations related to equity vesting. The shares were recorded at a price of $6.47 each on January 23, 2026.

What role does Edward Grandy hold at Americas Corp. (LAC)?

Edward Grandy serves as Senior Vice President, General Counsel and Secretary at Americas Corp. His position as an officer makes his equity transactions reportable, and they are disclosed through Section 16 filings such as this Form 4 with the U.S. Securities and Exchange Commission.

How do Edward Grandy’s RSUs at LAC vest over time?

Grandy’s reported restricted share units come from a grant made on January 23, 2024. According to the disclosure, these RSUs vest one-third annually over three years, providing additional common shares at each vesting date as long as vesting conditions are satisfied.
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