Director at Lithium Americas (NYSE: LAC) adds 1,000 common shares

Rhea-AI Filing Summary

LITHIUM AMERICAS CORP. director Michael John Brown reported an open-market purchase of 1,000 Common Shares at a price of $3.7801 per share. Following this transaction, he directly owns 7,201 Common Shares of the company.

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

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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^*

BROWN MICHAEL JOHN

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	03/20/2026		P		1,000	A	$3.7801	7,201	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 Michael John Brown	03/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Michael John Brown report for LAC?

Michael John Brown reported buying 1,000 Common Shares of LITHIUM AMERICAS CORP. The transaction was an open-market purchase, meaning he bought the shares on the market rather than receiving them as a grant or through option exercise.

At what price did the LAC director purchase shares on this Form 4?

The director purchased 1,000 Common Shares at $3.7801 per share. This reflects an open-market transaction where he paid that price for each share of LITHIUM AMERICAS CORP. stock acquired in the reported trade.

How many LITHIUM AMERICAS (LAC) shares does Michael John Brown own after the trade?

After the reported transaction, Michael John Brown directly owns 7,201 Common Shares. This total reflects his holdings following the purchase of 1,000 shares disclosed in the Form 4 insider trading report.

Was the LAC insider transaction a purchase or a sale?

The transaction was a purchase, not a sale. The Form 4 shows an open-market buy of 1,000 Common Shares, coded as a “P” transaction and categorized as a net-buy in the transaction summary data.

Does the Form 4 for LAC include any derivative security activity?

No derivative security transactions are shown in this Form 4. The filing reports only a non-derivative transaction in Common Shares, with no options, warrants, or other derivative positions listed in the derivative transaction or derivativeSummary sections.

What type of ownership is reported for the LAC shares purchased?

The purchased LITHIUM AMERICAS CORP. shares are reported as directly owned. The filing marks the ownership type as direct, with no nature-of-ownership footnote indicating indirect holdings through entities such as trusts, LLCs, or partnerships.