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Lithium Americas SVP converts awards into 5,990 shares

The award was granted October 22, 2025, with one-third vesting annually starting October 22, 2026.

(Neutral)

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Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

Rhea-AI Filing Summary

Lithium Americas Corp. (LAC) SVP, Finance Robert Russell-Smith had 5,990 restricted share units vest and convert into 5,990 common shares on October 22, 2026. His reported post-transaction holdings were 7,834 common shares and 11,980 restricted share units. The units were part of a 17,970-RSU grant made October 22, 2025, with one-third vesting annually beginning October 22, 2026.

Insider RUSSELL-SMITH ROBERT
Role SVP, Finance
Type Security Shares Price Value
Exercise Restricted Share Unit F1, F2 5,990 $0.00 $0.00
Exercise Common Shares F1 5,990 -- --
Holdings After Transaction: Restricted Share Unit — 11,980 contracts (Direct); Common Shares — 7,834 shares (Direct)
Footnotes (2)
  1. F1. Each restricted share unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
  2. F2. Represents grant of 17,970 RSUs on October 22, 2025, which vest 1/3 annually commencing October 22, 2026.
Restricted share units vested 5,990 restricted share units October 22, 2026
Common shares acquired 5,990 common shares October 22, 2026
Common shares held after transaction 7,834 common shares Reported following the October 22, 2026 transaction
Restricted share units held after transaction 11,980 restricted share units Reported following the October 22, 2026 transaction
Restricted share unit grant 17,970 restricted share units Granted October 22, 2025; vesting one-third annually beginning October 22, 2026
restricted share unit financial
"Each restricted share unit ("RSU") represents a contingent right"
A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.
contingent right financial
"represents a contingent right to receive one share"
vest financial
"which vest 1/3 annually commencing October 22, 2026"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many LAC shares did Robert Russell-Smith acquire?

Robert Russell-Smith acquired 5,990 common shares on October 22, 2026, as 5,990 restricted share units vested. His reported post-transaction holdings were 7,834 common shares and 11,980 restricted share units.

What was the vesting schedule for Robert Russell-Smith's LAC restricted share units?

The 17,970 restricted share units were granted on October 22, 2025, and vest one-third annually beginning October 22, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
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*
RUSSELL-SMITH ROBERT

(Last)(First)(Middle)
C/O LITHIUM AMERICAS CORP.
522 S. ROCK BLVD., SUITE 200

(Street)
RENO NEVADA 89502

(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)
SVP, Finance
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/22/2026
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 Shares10/22/2026M5,990A(1)7,834D
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
Restricted Share Unit(1)10/22/2026M5,990 (2) (2)Common Shares5,990$011,980D
Explanation of Responses:
1. Each restricted share unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
2. Represents grant of 17,970 RSUs on October 22, 2025, which vest 1/3 annually commencing October 22, 2026.
/s/ Tereza Fonda as attorney-in-fact for Robert Russell-Smith10/26/2026
** 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)

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