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Americas Corp. (LAC) VP Zawadzki settles 12,002 RSUs and sells shares

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

Rhea-AI Filing Summary

Americas Corp. executive Alexi Illya Zawadzki reported equity compensation activity involving restricted stock units (RSUs) and common shares of LAC. On January 23, 2026, 12,002 RSUs were exercised into common shares at an exercise price of $0.00 per share.

On the same date, 6,668 common shares were disposed of in a transaction coded “F” at $6.45 per share, reflecting shares withheld or sold to cover obligations. After these transactions, Zawadzki directly held 65,339 common shares and 12,002 RSUs, with each RSU representing the right to receive one common share.

Positive

  • None.

Negative

  • None.

Insights

Lithium Americas VP settled RSUs and covered obligations via share sale.

Alexi Illya Zawadzki, VP of Resource Development at Americas Corp. (LAC), exercised 12,002 restricted stock units into common shares at an exercise price of $0.00 on January 23, 2026. Each RSU delivers one common share, consistent with the plan terms described.

A separate transaction coded “F” shows 6,668 common shares disposed at $6.45 per share, converted from a Canadian price, indicating shares used to satisfy tax or similar obligations. Following these moves, he directly held 65,339 common shares and 12,002 RSUs, aligning with typical executive equity compensation mechanics.

Because these are routine equity settlements and related share disposals rather than large discretionary sales or purchases, they generally represent standard compensation administration rather than a change in strategic stance. Future company filings can provide additional context on any further RSU vesting or exercises under this grant schedule.

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
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*
ZAWADZKI ALEXI ILLYA

(Last) (First) (Middle)
C/O LITHIUM AMERICAS CORP.
5310 KIETZKE LANE, SUITE 200

(Street)
RENO NV 89511

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LITHIUM AMERICAS CORP. [ LAC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP, Resource Development
3. Date of Earliest Transaction (Month/Day/Year)
01/23/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 01/23/2026 M 12,002 A (1) 72,007 D
Common Shares 01/23/2026 F 6,668 D $6.45(2) 65,339 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
Restricted Stock Units (1) 01/23/2026 M 12,002 (3) (3) Common Shares 12,002 $0 12,002 D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
2. Converted from Canadian sale price of C$8.86 using an exchange rate of C$1.3732 = US$1.00.
3. Represents grant of RSUs on January 23, 2024, which vests 1/3 annually beginning in 2025.
/s/ Tereza Fonda as attorney-in-fact for Alexi Illya Zawadzki 01/27/2026
** 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.

FAQ

What did LAC executive Alexi Illya Zawadzki report on this Form 4?

Alexi Illya Zawadzki reported routine equity compensation activity involving restricted stock units and common shares of LAC. He exercised 12,002 RSUs into common shares and disposed of 6,668 common shares in a related transaction, updating his reported beneficial ownership positions.

How many LAC shares did Alexi Illya Zawadzki acquire and dispose of?

Zawadzki acquired 12,002 common shares via the exercise of restricted stock units and disposed of 6,668 common shares in a transaction coded “F”. These transactions occurred on January 23, 2026, and reflect equity compensation settlement and related share disposition activity.

What is the significance of the $6.45 price in the LAC Form 4 filing?

The $6.45 price represents the per-share value for the 6,668 common shares disposed of in the “F” transaction. It was converted from a Canadian sale price of C$8.86 using an exchange rate of C$1.3732 to US$1.00, as disclosed in the footnotes.

How many LAC common shares does Alexi Illya Zawadzki hold after these transactions?

After the reported transactions, Zawadzki directly beneficially owned 65,339 common shares of LAC. This figure reflects his holdings following the RSU exercise of 12,002 shares and the disposition of 6,668 shares on January 23, 2026, as detailed in the filing tables.

What restricted stock unit position does Zawadzki report for LAC after the Form 4?

Zawadzki reports beneficial ownership of 12,002 restricted stock units after the transactions. Each RSU represents a contingent right to receive one share of LAC common stock. The RSUs relate to a grant dated January 23, 2024 that vests in thirds annually beginning in 2025.

What role does Alexi Illya Zawadzki hold at Americas Corp. (LAC)?

Zawadzki is identified as an officer of Americas Corp., serving as Vice President, Resource Development. His status as an officer makes him a reporting person under Section 16, requiring disclosure of equity transactions in LAC securities through Form 4 filings with detailed transaction information.
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