GRANDY EDWARD 4

What Happened
Edward Grandy, Senior Vice President, General Counsel & Secretary of Lithium Americas (LAC), received two awards of restricted share units (RSUs) on January 29, 2026 totaling 66,626 RSUs: 33,655 RSUs granted as short‑term restricted share units and 32,971 RSUs granted as standard RSUs (the filing shows the second award as a derivative grant). Both were awarded at an acquisition price of $0 (i.e., granted, not purchased).

Key Details

• Transaction date: 2026-01-29; Form 4 filed: 2026-02-02 (timely; within two business days).
• Awards: 33,655 RSUs (short‑term, vest 100% 60 days from grant — F1); 32,971 RSUs (RSUs vest 1/3 annually beginning on the 2027 anniversary — F3).
• Acquisition price: $0 (awarded).
• Derivative note: Each RSU represents a contingent right to receive one share of common stock if/when vested (F2).
• Shares owned after transaction: not specified in the provided excerpt.
• Transaction code: A = Award/Grant.

Context
RSUs are a form of equity compensation; they do not represent immediate stock ownership until they vest and are settled (typically into shares). The short‑term RSUs will vest quickly (60 days) and could result in share issuance soon after vesting; the other RSUs vest over multiple years. This filing reports compensation awards (not purchases or sales) and therefore should be interpreted as remuneration rather than a direct insider buy/sell signal.