CROWLEY TIMOTHY AMBROSE 4

What Happened

• Timothy Ambrose Crowley, VP, Government & External Affairs at Lithium Americas (LAC), had 6,629 restricted stock units (RSUs) convert into 6,629 common shares on January 23, 2026 (Form 4 transaction code M — exercise/conversion of a derivative). The filing shows those 6,629 shares were also recorded as disposed at a $0.00 price, indicating a settlement/conversion event rather than an open-market sale. There are no cash proceeds reported and the net effect on beneficial ownership is zero (6,629 acquired and 6,629 disposed).

Key Details

• Transaction date: 2026-01-23; Form 4 filed: 2026-01-27 (filed within the required reporting window).
• Acquired: 6,629 shares via conversion of derivative (price reported N/A).
• Disposed: 6,629 shares at $0.00 (amount reported $0).
• Net change in shares beneficially owned: none (6,629 acquired and 6,629 disposed).
• Relevant footnotes:
  • F1: Each RSU represents a contingent right to one share.
  • F2: Balances reflect a one-share correction from prior administrative rounding.
  • F3: These RSUs were granted Jan 23, 2024 and vest 1/3 annually beginning in 2025.
• Transaction code M denotes exercise or conversion of a derivative (here, RSU settlement).

Context

• This appears to be an RSU settlement/conversion event, not an open-market purchase or sale; no cash proceeds were reported, so it does not indicate a typical buy or sell decision. RSU conversions are routine when units vest under the grants described in the footnotes.