ZAWADZKI ALEXI ILLYA 4

What Happened

• Alexi Zawadzki, VP Resource Development at Lithium Americas (LAC), reported a grant and a derivative conversion on Jan 29, 2026. The filing shows an award/acquisition of 31,647 restricted share units (RSUs) at $0.00 and an exercise/conversion of a derivative (code M) reporting 28,149 shares disposed at $0.00. No cash value was reported for either line in the Form 4.

Key Details

• Transaction date: January 29, 2026 (Form 4 filed Feb 2, 2026 — within the typical 2-business-day filing window).
• Award: 31,647 RSUs acquired at $0.00.
• Derivative conversion/exercise: 28,149 shares reported as disposed at $0.00 (transaction code M).
• Shares owned after transaction: not specified in the supplied data / not listed in this summary.
• Footnotes from the filing:
  • F1: 31,647 RSUs described as short-term RSUs that vest 100% 60 days from grant.
  • F2: Each RSU is a contingent right to receive one common share.
  • F3: Separate RSU grant noted that vests 1/3 annually beginning on the 2027 anniversary (this refers to the additional RSU grant language in the filing).
• No 10b5-1 plan, tax-withholding, or explicit immediate open-market sale was indicated in the provided details.

Context

• These entries are primarily awards/vestable RSUs (acquisitions) rather than a cash purchase or open-market sale; awards are more about compensation than a direct insider "buy" signal. The derivative entry (code M) indicates an exercise or conversion event; the filing shows those shares as disposed with $0 reported, but the document supplied does not describe whether those shares were sold, transferred to cover withholding, or otherwise settled.