[Form 4] LITHIUM AMERICAS CORP. Insider Trading Activity
Rhea-AI Filing Summary
LITHIUM AMERICAS CORP. director Philip Montgomery received a grant of 7,919 Deferred Share Units (DSUs), each representing the right to receive one common share. Following this award, he holds 73,374 DSUs in total. This is a compensation-related grant, not an open-market trade.
The DSUs do not convert into common shares, and he has no voting or dispositive rights over the underlying shares, until his service as a director ends. For U.S. participants, DSUs are settled automatically six months after termination; for non-U.S. participants, settlement occurs on the 20th business day after termination.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MONTGOMERY PHILIP
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Units ("DSUs") | 7,919 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Share Units ("DSUs") — 73,374 shares (Direct)
Footnotes (1)
- F1. 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.
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