STOCK TITAN

Edward Grandy of Lithium Americas (NYSE: LAC) reports minor tax-withholding share disposition

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

Rhea-AI Filing Summary

LITHIUM AMERICAS CORP. senior vice president, general counsel and secretary Edward Grandy reported a small share disposition related to taxes. On a recent transaction date, 15 Common Shares were delivered at $4.45 per share to satisfy tax obligations, a routine tax-withholding disposition rather than an open‑market sale. After this adjustment, Grandy directly holds 173,307 Common Shares.

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Insider GRANDY EDWARD
Role Sr VP, GC & Secretary
Type Security Shares Price Value
Tax Withholding Common Shares 15 $4.45 $66.75
Holdings After Transaction: Common Shares — 173,307 shares (Direct, null)
Footnotes (1)
Tax-withheld shares 15 Common Shares Shares delivered to satisfy tax obligations
Tax-withholding price $4.45 per share Value applied to 15 Common Shares
Shares held after transaction 173,307 Common Shares Direct holdings following tax-withholding disposition
tax-withholding disposition financial
"a routine tax-withholding disposition rather than an open‑market sale"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Shares financial
"15 Common Shares were delivered at $4.45 per share"
Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.
Form 4 regulatory
"Edward Grandy reported a small tax-related share disposition on this Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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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.
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)
Sr VP, GC & Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
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 Shares06/15/2026F15D$4.45173,307D
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
Explanation of Responses:
/s/ Tereza Fonda as attorney-in-fact for Edward Grandy06/17/2026
** 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 executive Edward Grandy report on this Form 4?

Edward Grandy reported a small tax-related share disposition. He delivered 15 LITHIUM AMERICAS CORP. Common Shares at $4.45 per share to cover tax obligations, a routine tax-withholding event rather than an open-market trade in the company’s stock.

How many LAC shares were involved in Edward Grandy’s tax-withholding transaction?

The filing shows that 15 Common Shares of LITHIUM AMERICAS CORP. were used for tax withholding. These shares were valued at $4.45 each, reflecting a minor adjustment to the executive’s holdings rather than a significant market transaction.

What price per share was used for Edward Grandy’s LAC tax-withholding disposition?

The tax-withholding disposition valued LITHIUM AMERICAS CORP. Common Shares at $4.45 each. This per‑share price is applied solely to the 15 shares delivered to satisfy tax obligations associated with the underlying equity compensation.

How many LAC shares does Edward Grandy hold after this Form 4 transaction?

Following the tax-withholding disposition, Edward Grandy directly holds 173,307 LITHIUM AMERICAS CORP. Common Shares. This post-transaction balance shows that only a very small portion of his position was used to cover associated tax liabilities.

Was Edward Grandy’s LAC transaction a market sale or a tax-withholding event?

The transaction is classified as a tax-withholding disposition, not an open-market sale. Shares were delivered to satisfy tax liabilities tied to equity compensation, which is a common administrative mechanism rather than a discretionary trade in LITHIUM AMERICAS CORP. stock.