Americas Corp (LAC) VP exercises 7,037 RSUs, withholds 3,137 shares for tax

Rhea-AI Filing Summary

Americas Corp. executive Aubree Barnum, VP of Human Resources, reported equity compensation activity involving restricted share units and common shares on January 23, 2026. Barnum exercised 7,037 restricted share units at an exercise price of $0, receiving 7,037 common shares.

To cover tax obligations related to this vesting, 3,137 common shares were withheld at $6.47 per share. After these transactions, Barnum directly owned 70,273 common shares, with an additional 24 common shares reported as indirectly owned and held by a spouse. The underlying RSU grant was originally made on January 23, 2024 and vests in thirds annually beginning in 2025.

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^*

BARNUM AUBREE

(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, Human Resources

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		7,037	A	(1)	73,410	D
Common Shares	01/23/2026		F		3,137	D	$6.47	70,273	D
Common Shares								24	I	Held by spouse

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			7,037	(2)	(2)	Common Shares	7,037	$0	7,037	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 vests 1/3 annually beginning in 2025.

	/s/ Tereza Fonda as attorney-in-fact for Aubree Barnum	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 transaction did LAC VP Aubree Barnum report?

Aubree Barnum reported exercising 7,037 restricted share units for 7,037 common shares. In the same transaction, 3,137 common shares were withheld at $6.47 per share to satisfy tax obligations related to the vesting event.

How many Americas Corp. (LAC) shares does Aubree Barnum now own?

Following the reported transactions, Aubree Barnum directly owns 70,273 Americas Corp. common shares. The filing also reports indirect ownership of 24 additional common shares held by a spouse, reflecting both direct and indirect beneficial holdings after the RSU vesting.

What was the price involved in the LAC tax withholding transaction?

To cover taxes from the RSU vesting, 3,137 Americas Corp. common shares were withheld at $6.47 per share. This withholding, marked with transaction code “F,” reduced the directly held share count while settling the associated tax obligation in shares.

What are the terms of Aubree Barnum’s LAC restricted share units?

Each restricted share unit represents a right to receive one Americas Corp. common share. The RSUs reported here stem from a grant made on January 23, 2024, which vests in three equal annual installments beginning in 2025, subject to continued eligibility.

What does transaction code “M” mean in this LAC Form 4?

In this Form 4, transaction code “M” indicates the conversion of derivative securities, here restricted share units, into common shares. Barnum’s 7,037 RSUs converted into 7,037 Americas Corp. common shares at a stated exercise price of $0 per share.

How is Barnum’s spouse’s LAC share ownership reported?

The filing shows 24 Americas Corp. common shares as indirectly owned and held by Aubree Barnum’s spouse. These shares are classified as indirect beneficial ownership, separate from Barnum’s 70,273 directly held common shares after the reported RSU exercise and tax withholding.