Lithium Americas director granted 10,137 DSUs

Lithium Americas Corp. director Gao Yuan received a grant of 10,137 Deferred Share Units (DSUs), each representing the right to receive one common share.

Rhea-AI Filing Summary

Lithium Americas Corp. director Gao Yuan received a grant of 10,137 Deferred Share Units (DSUs), each representing the right to receive one common share. The award was granted at a price of $0.00 per unit as director compensation, not as a market purchase.

Following this grant, Gao Yuan directly holds 137,451 DSUs. Each DSU will convert into one common share only after his service as a director ends, and he will not have voting or dispositive rights over the underlying shares until that time. Settlement timing differs for U.S. and non-U.S. participants, occurring several months after termination of service.

Insider Trade Summary

Grant/Award: 10,137 shares

Grant/Award 1 txn

Insider GAO YUAN

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Share Units ("DSUs")	10,137	$0.00	$0.00

Holdings After Transaction: Deferred Share Units ("DSUs") — 137,451 contracts (Direct)

Footnotes (1)

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

DSUs granted: 10,137 units Price per DSU: $0.00 per unit Total DSUs held after grant: 137,451 units +3 more

6 metrics

DSUs granted 10,137 units Deferred Share Units granted on April 13, 2026

Price per DSU $0.00 per unit Grant/award acquisition price

Total DSUs held after grant 137,451 units Director Gao Yuan’s direct DSU holdings following transaction

Underlying shares per DSU 1 common share per DSU Each DSU represents right to one common share

US settlement timing 6 months after termination Settlement date for U.S. eligible participants

Non-US settlement timing 20th business day after termination Settlement date for non-U.S. eligible participants

Key Terms

Deferred Share Units ("DSUs"), voting or dispositive rights, termination of the Reporting Person's employment or services, U.S. eligible participants, +1 more

5 terms

Deferred Share Units ("DSUs") financial

"Each DSU represents the right to receive one common share of the Issuer."

voting or dispositive rights financial

"The Reporting Person shall not have any voting or dispositive rights with respect to the underlying common shares"

termination of the Reporting Person's employment or services financial

"until termination of the Reporting Person's employment or services as a director of the Issuer."

U.S. eligible participants financial

"Grants to U.S. eligible participants will be settled with no further action"

non-U.S. eligible participants financial

"Grants to non-U.S. eligible participants will be settled with no further action"

FAQ

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

What did Gao Yuan report in this Form 4 for LAC?

Gao Yuan reported receiving 10,137 Deferred Share Units (DSUs) from Lithium Americas Corp. as a compensation grant. Each DSU represents the right to receive one common share in the future, increasing his directly held DSUs to 137,451 units after this award.

Is Gao Yuan buying or selling LAC stock in this filing?

This filing does not show a market buy or sell of LAC stock. It reports a compensation-related grant of 10,137 Deferred Share Units at $0.00 per unit, which is categorized as an acquisition through a grant or award rather than an open-market transaction.

How many Deferred Share Units does Gao Yuan hold after this grant?

After receiving 10,137 new Deferred Share Units, Gao Yuan directly holds a total of 137,451 DSUs. Each DSU entitles him to receive one Lithium Americas common share in the future, subject to settlement rules tied to his termination of service as a director.

When will Gao Yuan receive the common shares underlying his DSUs at LAC?

Gao Yuan will receive the common shares underlying his DSUs only after his service as a director ends. For U.S. participants, settlement occurs six months after termination, while for non-U.S. participants it occurs on the 20th business day following the termination date.

Does Gao Yuan have voting rights on the LAC shares underlying his DSUs?

He does not currently have voting or dispositive rights over the underlying common shares. The footnote explains that these rights, and the issuance of the shares, only begin once his employment or services as a director have terminated and the DSUs are settled into shares.

What type of security is reported in Gao Yuan’s LAC Form 4?

The security reported is Deferred Share Units, or DSUs, which are derivative securities linked to Lithium Americas common shares. Each DSU corresponds to one share, granted at $0.00, and will be settled into common shares after Gao Yuan’s board service ends under the plan’s terms.

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

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Accepted by SEC EDGAR 04/15/2026 - 04:58 PM EDT Learn about SEC filing dates

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^*

GAO YUAN

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/13/2026

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

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
Deferred Share Units ("DSUs")	(1)	04/13/2026		A		10,137		(1)	(1)	Common Shares	10,137	$0	137,451	D

Explanation of Responses:

1. 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.

	/s/ Tereza Fonda as attorney-in-fact for Yuan Gao	04/15/2026
	** 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)