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Lithium Americas (NYSE: LAC) VP exercises RSUs; shares withheld for taxes

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

Rhea-AI Filing Summary

LITHIUM AMERICAS CORP. VP of Resource Development Alexi Illya Zawadzki exercised 17,712 RSUs into the same number of common shares on April 10, 2026, at a stated exercise price of $0.00 per share.

To cover tax obligations, 27,806 common shares were withheld at $4.13 per share, a value converted from C$5.71 using an exchange rate of C$1.3825 = US$1.00. After these compensation-related transactions, Zawadzki directly holds 96,233 common shares of Lithium Americas, with no open-market buying or selling reported.

Positive

  • None.

Negative

  • None.
Insider ZAWADZKI ALEXI ILLYA
Role VP, Resource Development
Type Security Shares Price Value
Exercise Restricted Stock Units ("RSUs") 17,712 $0.00 --
Exercise Common Shares 17,712 $0.00 --
Tax Withholding Common Shares 27,806 $4.13 $115K
Holdings After Transaction: Restricted Stock Units ("RSUs") — 35,424 shares (Direct); Common Shares — 124,039 shares (Direct)
Footnotes (1)
  1. Each restricted share unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. Converted from Canadian price of C$5.71 using an exchange rate of C$1.3825 = US$1.00. Represents grant of 53,136 RSUs on April 10, 2025, which vest one-third annually beginning in 2026.
RSUs exercised 17,712 units Converted into 17,712 common shares on April 10, 2026
Shares withheld for taxes 27,806 shares Tax-withholding disposition at $4.13 per share
Withholding price $4.13 per share Converted from C$5.71 at C$1.3825 = US$1.00
Post-transaction common shares held 96,233 shares Direct ownership after RSU exercise and tax withholding
Original RSU grant 53,136 RSUs Granted April 10, 2025; vesting one-third annually from 2026
Restricted Stock Units ("RSUs") financial
"Each restricted share unit ("RSU") represents a contingent right to receive one share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
contingent right financial
"represents a contingent right to receive one share of the Issuer's common stock"
exchange rate financial
"Converted from Canadian price of C$5.71 using an exchange rate of C$1.3825 = US$1.00"
Exchange rate is the price of one currency expressed in another—for example, how many euros you receive for one US dollar. It matters to investors because changes in that price alter the reported profits, costs and value of assets for companies and portfolios that operate or hold money across borders; think of it like switching measurement units, where the same item can look bigger or smaller depending on the unit used.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
ZAWADZKI ALEXI ILLYA
(Last)(First)(Middle)
C/O LITHIUM AMERICAS CORP.
5310 KIETZKE LANE, SUITE 200
(Street)
RENO NEVADA 89511
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
LITHIUM AMERICAS CORP. [ LAC ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP, Resource Development
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Shares04/10/2026M17,712A(1)124,039D
Common Shares04/10/2026F27,806D$4.13(2)96,233D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units ("RSUs")(1)04/10/2026M17,712 (3) (3)Common Shares17,712$035,424D
Explanation of Responses:
1. Each restricted share unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
2. Converted from Canadian price of C$5.71 using an exchange rate of C$1.3825 = US$1.00.
3. Represents grant of 53,136 RSUs on April 10, 2025, which vest one-third annually beginning in 2026.
/s/ Tereza Fonda as attorney-in-fact for Alexi Illya Zawadzki04/14/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR