Lithium Americas Finance Executive Reduces Holdings Following Share Grant
Rhea-AI Filing Summary
Lithium Americas Corp (LAC) Senior VP of Finance & Administration, April Hashimoto, reported multiple securities transactions on June 28, 2025:
- On June 9, 2025, acquired 2,100 common shares at $0 through the conversion of Restricted Share Units (RSUs)
- On June 17, 2025, disposed of 9,720 common shares at $3.58 per share
- Following these transactions, Hashimoto's direct ownership decreased to 70,292 common shares
- The RSUs were originally granted on June 22, 2023, and have now been fully exercised, leaving 0 RSUs remaining
These transactions represent standard executive compensation activity, with the RSU conversion indicating vesting of previously granted equity compensation, followed by a share disposition likely for tax purposes or personal financial planning.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,620 shares
Net Sell
3 txns
Insider
HASHIMOTO APRIL
Role
SrVP, Finance & Administration
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Shares Units | 2,100 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 9,720 | $3.58 | $35K |
| Exercise | Common Shares | 2,100 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Shares Units — 0 shares (Direct);
Common Shares — 70,292 shares (Direct)
Footnotes (3)
- F1. Total adjusted by one (1) share to account for RSU rounding discrepancy.
- F2. Each restricted share unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- F3. Represents grant of RSUs on June 22, 2023.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider trading activity occurred at LAC on June 9, 2025?
On June 9, 2025, April Hashimoto, LAC's Senior VP of Finance & Administration, acquired 2,100 common shares through the conversion of Restricted Share Units (RSUs) at a price of $0.
What was the nature of the RSUs converted by LAC's Senior VP on June 9, 2025?
The RSUs were originally granted on June 22, 2023, with each RSU representing a contingent right to receive one share of LAC's common stock. The 2,100 RSUs were converted to common shares at an exercise price of $0.