How many deferred share units does the Lithium Americas (LAC) director hold after this transaction?

After acquiring 6,873 DSUs, director Fabiana Chubbs beneficially owns a total of 105,812 deferred share units , reported as directly held.

What does each deferred share unit (DSU) represent for Lithium Americas (LAC)?

Each DSU represents the right to receive one common share of Lithium Americas Corp. at settlement, subject to the director’s termination of service.

Lithium Americas (NYSE: LAC) director reports 6,873 DSUs

Q: What insider transaction did Lithium Americas (LAC) disclose in this Form 4?

The filing shows director Fabiana Chubbs acquired 6,873 deferred share units (DSUs) of Lithium Americas Corp. on 01/15/2026 at a price of $0 per unit.

Q: Who is the reporting person in this Lithium Americas (LAC) Form 4?

The reporting person is Fabiana Chubbs , who is identified as a director of Lithium Americas Corp. and not as an officer or 10% owner.

Q: When will the Lithium Americas (LAC) DSUs be settled into common shares?

For U.S. eligible participants , DSUs are settled automatically six months after the termination date. For non-U.S. eligible participants , settlement occurs on the 20th business day following the termination date.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Lithium Americas Corp. reported a new deferred share unit (DSU) grant to director Fabiana Chubbs. On 01/15/2026, she acquired 6,873 DSUs at a price of $0 per unit, bringing her total directly held derivative securities of this type to 105,812 DSUs.

Each DSU represents the right to receive one common share of Lithium Americas. The underlying common shares are not issued, and she does not have voting or dispositive rights over those shares, until her service as a director ends. For U.S. participants, DSUs are settled automatically six months after the termination date, while for non-U.S. participants settlement occurs on the 20th business day following the termination date.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Chubbs Fabiana

Role Director

Type	Security	Shares	Price	Value
derivative	Deferred Share Units ("DSUs")	6,873	$0.00	$0.00

Holdings After Transaction: Deferred Share Units ("DSUs") — 105,812 shares (Direct)

Footnotes (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.

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

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 01/20/2026 - 04:51 PM

FAQ

What insider transaction did Lithium Americas (LAC) disclose in this Form 4?

The filing shows director Fabiana Chubbs acquired 6,873 deferred share units (DSUs) of Lithium Americas Corp. on 01/15/2026 at a price of $0 per unit.

Who is the reporting person in this Lithium Americas (LAC) Form 4?

The reporting person is Fabiana Chubbs, who is identified as a director of Lithium Americas Corp. and not as an officer or 10% owner.

Does the director have voting rights on the shares underlying the DSUs at Lithium Americas (LAC)?

No. The filing states that the underlying common shares will not be issued and the director has no voting or dispositive rights over those shares until her employment or service as a director ends.

When will the Lithium Americas (LAC) DSUs be settled into common shares?

For U.S. eligible participants, DSUs are settled automatically six months after the termination date. For non-U.S. eligible participants, settlement occurs on the 20th business day following the termination date.

Did the director pay cash for the Lithium Americas (LAC) DSUs reported in this Form 4?

No cash was paid per unit. The transaction lists a price of $0 for the 6,873 deferred share units, indicating they were awarded rather than purchased on the market.

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^*

Chubbs Fabiana

(Last)

(First)

(Middle)

C/O LITHIUM AMERICAS CORP.

5310 KIETZKE LANE, SUITE 200

(Street)

RENO

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)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Deferred Share Units ("DSUs")	⁽¹⁾	01/15/2026				6,873		⁽¹⁾	⁽¹⁾	Common Shares	6,873	$0	105,812	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 Fabiana Chubbs	01/15/2026
	** 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.

Source: View Original Filing on SEC EDGAR