GERSPACHER RICHARD 4

What Happened
Richard Gerspacher, EVP, Capital Projects at Lithium Americas (LAC), received two awards of restricted share units (RSUs) on January 29, 2026: 44,434 RSUs granted at $0.00 and 55,403 RSUs (reported as a derivative award) at $0.00, for a total of 99,837 RSUs. These are awards (not purchases or sales) and therefore represent future contingent rights to common shares rather than an immediate cash transaction.

Key Details

• Transaction date: January 29, 2026; Form 4 filed February 2, 2026 (appears timely — Form 4 is generally due within two business days).
• Grants: 44,434 RSUs (short-term RSUs) and 55,403 RSUs (derivative RSUs); price reported $0.00; total units = 99,837.
• Shares owned after transaction: not disclosed in the filing.
• Footnotes: F1 — 44,434 are short-term RSUs vesting 100% 60 days from grant; F2 — each RSU represents a contingent right to one common share; F3 — 55,403 RSUs vest 1/3 annually on each anniversary of the grant beginning in 2027.
• Transaction code: A = Award/Grant (non-cash compensation).

Context
RSU grants are a common form of executive compensation and do not reflect an immediate market purchase or sale. The short-term RSUs will convert to shares relatively soon (60 days), while the larger RSU grant vests over three years, so any future issuance or sales will be reported in subsequent filings when vesting or settlement occurs.