GRANDY EDWARD 4

What Happened

• Edward Grandy, Senior Vice President, General Counsel & Secretary of Lithium Americas, had 8,375 restricted share units (RSUs) convert into common shares on Jan 23, 2026. To cover tax withholding, 4,110 of those shares were surrendered at $6.47 per share for total withholding of $26,592, leaving a net 4,265 shares delivered to him.
• This was a routine RSU vesting/conversion and tax-withholding event, not an open-market sale or purchase.

Key Details

• Transaction date: 2026-01-23; Form filed: 2026-01-27 (filed timely).
• RSUs converted: 8,375 shares; shares withheld for taxes: 4,110 @ $6.47 = $26,592; net shares received: 4,265.
• Filing codes: M = exercise/conversion of derivative (RSU conversion); F = tax withholding (shares surrendered).
• Footnotes: F1 — each RSU equals the right to one common share. F2 — these RSUs were granted Jan 23, 2024 and vest one‑third annually over three years.
• Shares owned after the transaction: not specified in the filing.

Context

• This is a net-share settlement of vested RSUs (common practice): the underlying RSUs converted to shares and part were withheld to satisfy taxes rather than sold on the open market. Such vesting and withholding are administrative and do not necessarily signal insider sentiment about the stock.