STOCK TITAN

Lithium Americas (LAC) counsel delivers 4,225 shares for tax withholding

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 transferred 4,225 common shares on February 12 as a tax-withholding disposition at $4.54 per share. After this withholding to satisfy obligations in shares rather than cash, he directly holds 177,854 common shares.

Positive

  • None.

Negative

  • None.
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)
02/12/2026
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 Shares02/12/2026F4,225D$4.54177,854D
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 Grandy03/24/2026
** 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?

Edward Grandy reported a tax-withholding disposition of 4,225 Lithium Americas common shares. The shares were delivered to cover obligations instead of using cash, a routine mechanism tied to equity compensation rather than an open-market sale or discretionary trading activity.

How many Lithium Americas (LAC) shares were involved in Edward Grandy’s Form 4?

The Form 4 shows 4,225 common shares used in a tax-withholding disposition. These shares were applied at a reported value of $4.54 per share, reflecting payment of tax or exercise-related obligations by delivering stock instead of paying cash to the company or tax authorities.

What does transaction code F mean in Edward Grandy’s LAC filing?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 4,225 Lithium Americas common shares were transferred as a tax-withholding disposition, so it is not recorded as an open-market purchase or sale by the executive.

How many Lithium Americas shares does Edward Grandy hold after this transaction?

After the tax-withholding disposition, Edward Grandy directly holds 177,854 common shares of Lithium Americas. This figure reflects his remaining direct ownership position following the 4,225 shares delivered to satisfy obligations under the company’s equity or tax arrangements.

Is Edward Grandy’s LAC Form 4 transaction an open-market sale?

The transaction is not an open-market sale; it is classified as a tax-withholding disposition under code F. Shares were delivered to cover obligations, meaning the disposition is a mechanical outcome of compensation rather than a discretionary decision to sell on the open market.

What is Edward Grandy’s role at Lithium Americas Corp.?

Edward Grandy serves as senior vice president, general counsel and secretary of Lithium Americas Corp. His Form 4 reflects equity-related tax withholding activity associated with this executive role, rather than a traditional buy or sell order placed on the public stock market.
Lithium Americas

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