Lithium Americas Finance Executive Reduces Holdings Following Share Grant
Filing Impact
Filing Sentiment
Form Type
4
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
2,100 shares exercised/converted
Mixed
3 txns
Insider
HASHIMOTO APRIL
Role
SrVP, Finance & Administration
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Shares Units | 2,100 | $0.00 | -- |
| Tax Withholding | Common Shares | 9,720 | $3.58 | $35K |
| Exercise | Common Shares | 2,100 | $0.00 | -- |
Holdings After Transaction:
Restricted Shares Units — 0 shares (Direct);
Common Shares — 70,292 shares (Direct)
Footnotes (1)
- Total adjusted by one (1) share to account for RSU rounding discrepancy. Each restricted share unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. Represents grant of RSUs on June 22, 2023.
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.