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LAC Finance Executive Reduces Stake: What This Means for Lithium Stock Investors

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

Rhea-AI Filing Summary

Lithium Americas Corp (LAC) Senior VP of Finance & Administration April Hashimoto reported a disposition of company securities on June 23, 2025. The Form 4 filing reveals that Hashimoto disposed of 24,768 common shares at a price of $3.50 per share through a 'F' transaction code, which typically indicates payment of tax withholdings by forfeiting shares.

Following this transaction, Hashimoto directly owns 45,524 common shares of LAC. The transaction appears to be a routine share withholding for taxes rather than an open market sale. No derivative securities were involved in this transaction.

The filing was signed by Tereza Fonda as attorney-in-fact for April Hashimoto on June 25, 2025, within the required reporting timeline for insider transactions.

Positive

  • None.

Negative

  • Senior VP of Finance & Administration disposed of 24,768 shares worth approximately $86,688 (at $3.50 per share), retaining 45,524 shares
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)
06/23/2025
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 06/23/2025 F 24,768 D $3.5 45,524 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
Explanation of Responses:
/s/ Tereza Fonda as attorney-in-fact for April Hashimoto 06/25/2025
** 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

How many LAC shares did April Hashimoto dispose of on June 23, 2025?

According to the Form 4 filing, April Hashimoto, Senior VP of Finance & Administration at Lithium Americas Corp., disposed of 24,768 common shares on June 23, 2025, at a price of $3.50 per share.

How many LAC shares does April Hashimoto own after the June 23, 2025 transaction?

Following the reported transaction, April Hashimoto directly owns 45,524 common shares of Lithium Americas Corp. (LAC).

What is April Hashimoto's position at LAC?

April Hashimoto serves as Senior VP, Finance & Administration at Lithium Americas Corp., as indicated in the Form 4 filing.

What type of transaction code was used for LAC insider April Hashimoto's share disposal?

The transaction was coded as 'F' in the Form 4 filing, which typically indicates a payment of exercise price or tax withholding by delivering or withholding securities incident to exercise of a derivative security.

Does April Hashimoto own any derivative securities of LAC?

The Form 4 filing shows no derivative securities (such as options, warrants, or convertible securities) being reported or held by April Hashimoto in Table II of the filing.
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