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Lithium Americas (NYSE: LAC) SVP awarded new RSUs and common shares

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

Rhea-AI Filing Summary

Lithium Americas Corp. reported that SVP of Finance Robert Russell-Smith received equity-based compensation. He was granted 23,377 restricted share units (RSUs) that each represent a right to receive one common share, and 4,223 common shares as awards, all recorded as acquisitions, not open-market purchases. The RSUs include a grant that vests fully 60 days from the grant date and another grant of 23,377 RSUs that vests in thirds annually beginning in 2027.

Positive

  • None.

Negative

  • None.
Insider RUSSELL-SMITH ROBERT
Role SVP, Finance
Type Security Shares Price Value
Grant/Award Restricted Share Units 23,377 $0.00 --
Grant/Award Common Shares 4,223 $0.00 --
Holdings After Transaction: Restricted Share Units — 23,377 shares (Direct); Common Shares — 4,223 shares (Direct)
Footnotes (1)
  1. Represents grant of short-term restricted share units which vest 100% 60 days from the grant date. Each restricted share unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. Represents grant of 23,377 RSUs on January 29, 2026, which vest 1/3 annually on the anniversary of the grant date, beginning in 2027.
RSU grant size 23,377 RSUs Grant on January 29, 2026 to SVP of Finance
Common share award 4,223 shares Common shares awarded on January 29, 2026
Short-term RSU vesting 100% after 60 days Short-term restricted share units vest fully 60 days from grant
Long-term RSU vesting schedule 1/3 annually 23,377 RSUs vest 1/3 each year starting 2027
Restricted Share Units financial
"Represents grant of short-term restricted share units which vest 100% 60 days from the grant date."
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
short-term restricted share units financial
"Represents grant of short-term restricted share units which vest 100% 60 days from the grant date."
RSU financial
"Each restricted share unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
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)
01/29/2026
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 Shares01/29/2026A4,223(1)A$04,223D
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
Restricted Share Units(2)01/29/2026A23,377 (3) (3)Common Shares23,377$023,377D
Explanation of Responses:
1. Represents grant of short-term restricted share units which vest 100% 60 days from the grant date.
2. Each restricted share unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
3. Represents grant of 23,377 RSUs on January 29, 2026, which vest 1/3 annually on the anniversary of the grant date, beginning in 2027.
/s/ Tereza Fonda as attorney-in-fact for Robert Russell-Smith03/27/2026
** 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 of Finance report on this Form 4?

The SVP of Finance reported equity awards, not market trades. He received 23,377 restricted share units and 4,223 common shares as compensation grants recorded as acquisitions rather than open-market purchases or sales.

How many restricted share units did LAC grant to Robert Russell-Smith?

He was granted 23,377 restricted share units. Each RSU represents a contingent right to receive one common share of Lithium Americas, providing stock-based compensation that will convert into shares as vesting conditions are satisfied over time.

What are the vesting terms for the 23,377 RSUs at Lithium Americas (LAC)?

The 23,377 RSUs granted on January 29, 2026 vest in three equal annual installments. Vesting begins on the first anniversary of the grant date in 2027, aligning the executive’s compensation more closely with long-term company performance.

Do any of the LAC restricted share units vest in the short term?

Yes. One RSU grant is described as short-term restricted share units that vest 100% sixty days from the grant date. This provides near-term equity compensation alongside longer-term RSU awards with multi-year vesting schedules.

Were the LAC insider transactions open-market buys or sales of stock?

No. The filing shows grant or award acquisitions. The transactions are coded as “A” and described as grants or awards, meaning they are compensation-related equity awards rather than open-market purchases or sales of Lithium Americas shares.
Lithium Americas

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