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Lithium Americas Finance Executive Reduces Holdings Following Share Grant

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
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.
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*
HASHIMOTO APRIL

(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)
SrVP, Finance & Administration
3. Date of Earliest Transaction (Month/Day/Year)
06/09/2025
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 06/09/2025 M 2,100 A $0 80,012(1) D
Common Shares 06/17/2025 F 9,720 D $3.58 70,292 D
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 Shares Units(2) $0 06/17/2025 M 2,100 (3) (3) Common Shares 2,100 $0 0 D
Explanation of Responses:
1. Total adjusted by one (1) share to account for RSU rounding discrepancy.
2. Each restricted share unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
3. Represents grant of RSUs on June 22, 2023.
/s/ Tereza Fonda as attorney-in-fact for April Hashimoto 06/18/2025
** 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 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.

How many LAC shares did April Hashimoto dispose of on June 17, 2025?

April Hashimoto disposed of 9,720 common shares of LAC on June 17, 2025, at a price of $3.58 per share.

What is April Hashimoto's current position at LAC and how many shares does she own?

April Hashimoto serves as Senior VP of Finance & Administration at LAC. Following the reported transactions, she directly owns 70,292 common shares of the company.

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.
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