Lithium Americas (LAC) SVP exercises 15,673 RSUs into common shares

Rhea-AI Filing Summary

Lithium Americas Corp. senior vice president of Government & External Affairs Timothy Ambrose Crowley exercised restricted share units into common shares. He converted 15,673 restricted share units into 15,673 common shares at a stated price of $0.00 per share and now directly holds 181,011 common shares. Each restricted share unit represents a contingent right to receive one common share under the company’s equity compensation plan.

Insider Trade Summary

15,673 shares exercised/converted

Mixed 2 txns

Insider CROWLEY TIMOTHY AMBROSE

Role SVP Government & Ext. Affairs

Type	Security	Shares	Price	Value
Exercise	Restricted Share Units	15,673	$0.00	--
Exercise	Common Shares	15,673	$0.00	--

Holdings After Transaction: Restricted Share Units — 31,347 shares (Direct); Common Shares — 181,011 shares (Direct)

Footnotes (1)

1. Each restricted share unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. Represents grant of RSUs on April 10, 2025, which vest 1/3 annually on the anniversary of the grant date, beginning in 2026.

Key Figures

RSUs exercised: 15,673 units Common shares acquired: 15,673 shares Common shares held after: 181,011 shares +1 more

4 metrics

RSUs exercised 15,673 units Restricted share units converted to common shares on April 10, 2026

Common shares acquired 15,673 shares Shares received from RSU exercise at $0.00 per share

Common shares held after 181,011 shares Direct ownership following the reported transactions

RSUs following transaction 31,347 units Restricted share unit balance shown after the exercise

Key Terms

Restricted Share Units, contingent right, derivative security, equity compensation plan

4 terms

Restricted Share Units financial

"Each restricted share unit ("RSU") represents a contingent right to receive one share"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

contingent right financial

"represents a contingent right to receive one share of the Issuer's common stock"

derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

equity compensation plan financial

"Represents grant of RSUs on April 10, 2025, which vest 1/3 annually"

A plan by which a company gives employees, directors or contractors ownership or the right to buy ownership in the company through stock, options or similar awards — think of promising slices of the company pie as part of someone's pay. It matters to investors because these awards can change the number of shares outstanding, affect reported profits and influence management’s decisions; large or generous plans can dilute existing holders and alter incentives over time.

Form 4 Insider Transactions: What Each Field Means →

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^*

CROWLEY TIMOTHY AMBROSE

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP Government & Ext. Affairs

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026

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	04/10/2026		M		15,673	A	(1)	181,011	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 Share Units	(1)	04/10/2026		M			15,673	(2)	(2)	Common Shares	15,673	$0	31,347	D

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 RSUs on April 10, 2025, which vest 1/3 annually on the anniversary of the grant date, beginning in 2026.

	/s/ Tereza Fonda as attorney-in-fact for Timothy Ambrose Crowley	04/14/2026
	** 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 LAC executive Timothy Crowley report?

Timothy Ambrose Crowley reported exercising 15,673 restricted share units into 15,673 common shares of Lithium Americas Corp. (LAC). This was a derivative exercise under the company’s equity plan, not an open-market purchase or sale, and reflects compensation-related share delivery.

How many Lithium Americas (LAC) shares does Timothy Crowley hold after this Form 4?

After the reported transactions, Timothy Crowley directly holds 181,011 common shares of Lithium Americas Corp. This total reflects the addition of 15,673 shares received through exercising restricted share units, according to the Form 4 ownership figures provided.

Was the LAC insider transaction a buy or sell in the open market?

The filing shows no open-market buy or sell by Timothy Crowley. Instead, he exercised restricted share units, converting 15,673 units into the same number of common shares at a stated price of $0.00 per share as part of equity compensation.

What are restricted share units (RSUs) in the LAC Form 4 filing?

In this filing, each restricted share unit represents a contingent right to receive one share of Lithium Americas common stock. RSUs typically vest over time; once vested and settled, they convert into common shares, as shown by the 15,673-unit exercise here.

Does the LAC Form 4 indicate any remaining RSU holdings for Timothy Crowley?

The Form 4 transaction line for restricted share units lists 31,347 RSUs as the amount following the transaction. This suggests a remaining balance of unconverted RSUs under the company’s equity plan, separate from his 181,011 directly held common shares.