Lithium Americas director reports 8,100 DSUs
Lithium Americas Corp. director Fabiana Chubbs reported a derivative transaction involving 8,100 Deferred Share Units (DSUs), each tied to one common share.
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Rhea-AI Filing Summary
Lithium Americas Corp. director Fabiana Chubbs reported a derivative transaction involving 8,100 Deferred Share Units (DSUs), each tied to one common share. Following this activity, she holds 121,831 DSUs directly. These DSUs convert into common shares only after her service as a director ends.
The footnote explains that DSUs provide no voting or dispositive rights over the underlying common shares until termination of employment or board service. Settlement for U.S. participants occurs six months after termination, while non-U.S. participants receive shares on the 20th business day following termination.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| NULL | Deferred Share Units ("DSUs") | 8,100 | $0.00 | $0.00 |
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.
Key Figures
Key Terms
voting or dispositive rights financial
termination of the Reporting Person's employment or services financial
U.S. eligible participants financial
non-U.S. eligible participants financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Fabiana Chubbs report at Lithium Americas (LAC)?
Do Lithium Americas DSUs give Fabiana Chubbs voting rights before settlement?
What underlying security is linked to the DSUs in the Lithium Americas Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.