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LITHIUM AMERICAS (LAC) SVP sees 2,379 shares withheld to cover taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lithium Americas Corp. SVP Finance Robert Russell-Smith reported a tax-related share disposition. On April 10, he had 2,379 Common Shares withheld at $4.13 per share to cover tax obligations, a non‑market transaction. After this event, he directly holds 1,844 Common Shares.

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Insider RUSSELL-SMITH ROBERT
Role SVP, Finance
Type Security Shares Price Value
Tax Withholding Common Shares 2,379 $4.13 $10K
Holdings After Transaction: Common Shares — 1,844 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 2,379 shares Tax-withholding disposition on April 10, 2026
Tax-withholding share value $4.13 per share Value used for tax-liability share delivery
Shares held after transaction 1,844 shares Direct ownership following tax-withholding disposition
FX conversion rate C$1.3825 = US$1.00 Used to convert Canadian price C$5.71
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Shares financial
""security_title": "Common Shares""
Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.
Payment of exercise price or tax liability by delivering securities financial
""transaction_code_description": "Payment of exercise price or tax liability by delivering securities""
exchange rate financial
"using an exchange rate of C$1.3825 = US$1.00"
Exchange rate is the price of one currency expressed in another—for example, how many euros you receive for one US dollar. It matters to investors because changes in that price alter the reported profits, costs and value of assets for companies and portfolios that operate or hold money across borders; think of it like switching measurement units, where the same item can look bigger or smaller depending on the unit used.
SEC Form 4
FORM 4UNITED 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*
RUSSELL-SMITH ROBERT

(Last)(First)(Middle)
C/O LITHIUM AMERICAS CORP.
5310 KIETZKE LANE, SUITE 200

(Street)
RENO NEVADA 89511

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LITHIUM AMERICAS CORP. [ LAC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Finance
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Shares04/10/2026F2,379D$4.13(1)1,844D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Converted from Canadian price of C$5.71 using an exchange rate of C$1.3825 = US$1.00.
/s/ Tereza Fonda as attorney-in-fact for Robert Russell-Smith04/14/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did LAC SVP Finance Robert Russell-Smith report?

Robert Russell-Smith reported a tax-withholding disposition of 2,379 Lithium Americas common shares. These shares were withheld by the company to satisfy tax obligations, rather than sold on the open market, and therefore do not represent a discretionary share sale.

How many Lithium Americas (LAC) shares were involved in the latest insider filing?

The filing shows 2,379 common shares of Lithium Americas were disposed of in a tax-withholding transaction. This was classified as a payment of tax liability by delivering securities, not an open-market trade, so it reflects compensation mechanics rather than active buying or selling.

At what price were the LAC shares valued in the tax-withholding transaction?

The 2,379 common shares were valued at $4.13 per share for the tax-withholding disposition. This price is used solely to determine the value of shares delivered for tax purposes and does not necessarily represent a separate open-market sale price.

How many Lithium Americas (LAC) shares does Robert Russell-Smith hold after the transaction?

Following the tax-withholding disposition, Robert Russell-Smith directly holds 1,844 Lithium Americas common shares. This post-transaction balance reflects his remaining direct ownership after 2,379 shares were delivered to cover tax liabilities related to his equity compensation.

Was the LAC insider transaction a market sale or tax withholding event?

The transaction was a tax-withholding event, not a market sale. The Form 4 code “F” and description confirm the 2,379 shares were delivered to cover tax liabilities, meaning there was no open-market selling decision by the executive in this specific transaction.

What currency details were disclosed in the LAC insider filing footnote?

A footnote explains that amounts were converted from a Canadian price of C$5.71 using an exchange rate of C$1.3825 to US$1.00. This clarifies how the U.S. dollar share value used in the filing was derived from the original Canadian trading price.