STOCK TITAN

Lithium Americas' Grandy converts awards to 13,285 shares

The 66,426-unit award was scheduled to vest in fifths annually beginning October 24, 2023.

(Neutral)

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Form Type
4

Rhea-AI Filing Summary

Edward Grandy, Sr VP, GC & Secretary of Lithium Americas Corp. (LAC), converted 13,285 restricted stock units into 13,285 common shares on October 24, 2026. His reported common-share holdings following the transaction were 186,592 shares. The units were part of a 66,426-RSU grant made October 24, 2023, vesting 1/5 annually beginning on that date.

Insider GRANDY EDWARD
Role Sr VP, GC & Secretary
Type Security Shares Price Value
Exercise Restricted Stock Units F1, F2 13,285 $0.00 $0.00
Exercise Common Shares F1 13,285 -- --
Holdings After Transaction: Restricted Stock Units — 13,285 contracts (Direct); Common Shares — 186,592 shares (Direct)
Footnotes (2)
  1. F1. Each restricted share unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
  2. F2. Represents grant of 66,426 RSUs on October 24, 2023, which vests 1/5 annually commencing on October 24, 2023.
Restricted stock units converted 13,285 units October 24, 2026
Common shares acquired 13,285 shares October 24, 2026
Common shares following transaction 186,592 shares Edward Grandy's reported holdings
RSUs granted 66,426 units Granted October 24, 2023; vest 1/5 annually beginning on that date
restricted share unit financial
"Each restricted share unit ("RSU") represents"
A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.
contingent right financial
"a contingent right to receive one share"
vests 1/5 annually financial
"which vests 1/5 annually commencing"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many LAC shares did Edward Grandy acquire?

Edward Grandy acquired 13,285 common shares by converting 13,285 restricted stock units on October 24, 2026. His reported common-share holdings following the transaction were 186,592 shares.

What was the vesting schedule for Edward Grandy's LAC RSUs?

The 66,426 RSUs were granted on October 24, 2023, and vest 1/5 annually beginning on that date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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*
GRANDY EDWARD

(Last)(First)(Middle)
C/O LITHIUM AMERICAS CORP.
522 S. ROCK BLVD., SUITE 200

(Street)
RENO NEVADA 89502

(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)
Sr VP, GC & Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/24/2026
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 Shares10/24/2026M13,285A(1)186,592D
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 Stock Units(1)10/24/2026M13,285 (2) (2)Common Shares13,285$013,285D
Explanation of Responses:
1. Each restricted share unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
2. Represents grant of 66,426 RSUs on October 24, 2023, which vests 1/5 annually commencing on October 24, 2023.
/s/ Tereza Fonda as attorney-in-fact for Edward Grandy10/26/2026
** 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)

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