Lithium Americas (NYSE: LAC) director Yuan Gao granted 8,798 DSUs at $0

Rhea-AI Filing Summary

Lithium Americas Corp. director Yuan Gao reported a new equity award of deferred share units (DSUs). On January 15, 2026, Gao received 8,798 DSUs at a price of $0 per unit, increasing the total number of DSUs beneficially owned to 127,314, held directly.

Each DSU represents the right to receive one common share of Lithium Americas. The underlying common shares are not issued, and Gao does not have voting or dispositive rights over those shares until service as a director ends. For U.S. participants, DSUs are settled in common shares six months after the termination date; for non-U.S. participants, settlement occurs on the 20th business day following the termination date.

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

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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^*

GAO YUAN

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

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

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
Deferred Share Units ("DSUs")	(1)	01/15/2026		A		8,798		(1)	(1)	Common Shares	8,798	$0	127,314	D

Explanation of Responses:

1. Each DSU represents the right to receive one common share of the Issuer. The underlying common shares will not be issued to the Reporting Person, and the Reporting Person shall not have any voting or dispositive rights with respect to the underlying common shares, until termination of the Reporting Person's employment or services as a director of the Issuer. Grants to U.S. eligible participants will be settled with no further action by the Reporting Person on the date that is 6 months following the Reporting Person's termination date. Grants to non-U.S. eligible participants will be settled with no further action by the Reporting Person on the 20th business day following the Reporting Person's termination date.

	/s/ Tereza Fonda as attorney-in-fact for Yuan Gao	01/15/2026
	** 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 transaction did LAC director Yuan Gao report on January 15, 2026?

Director Yuan Gao reported receiving an award of 8,798 deferred share units (DSUs) of Lithium Americas Corp. (LAC) on January 15, 2026, classified as an acquisition transaction.

At what price were Yuan Gaos Lithium Americas DSUs acquired in this Form 4 filing?

The 8,798 DSUs reported by director Yuan Gao were acquired at a price of $0 per unit, indicating they were granted as compensation rather than purchased in the market.

How many Lithium Americas DSUs does Yuan Gao hold after the reported transaction?

Following the January 15, 2026 grant, director Yuan Gao beneficially owns a total of 127,314 deferred share units (DSUs) of Lithium Americas Corp., held directly.

What does each deferred share unit (DSU) represent for LAC director Yuan Gao?

Each DSU represents the right to receive one common share of Lithium Americas Corp.. The underlying common shares are not issued and carry no voting or dispositive rights for Yuan Gao until service as a director ends.

When will Yuan Gaos Lithium Americas DSUs be settled into common shares?

For U.S. eligible participants, DSU grants are settled automatically in common shares six months after the termination date. For non-U.S. eligible participants, settlement occurs on the 20th business day following the termination date, with no further action required by the reporting person.

Does Yuan Gao currently have voting rights on the Lithium Americas shares underlying the DSUs?

No. The filing states that the underlying common shares will not be issued, and Yuan Gao will not have any voting or dispositive rights with respect to those shares until employment or services as a director of Lithium Americas Corp. have terminated.