Lithium Americas SVP Sells $34.8K in Stock After RSU Vesting
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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.
Insider Trade Summary
| 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 |
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider trading activity occurred at LAC on June 9, 2025?
What was the nature of the RSUs converted by LAC's Senior VP on June 9, 2025?
AI-generated analysis. How Rhea-AI works. Not financial advice.