BROWN MICHAEL JOHN 4

What Happened Michael Brown, a director of Lithium Americas Corp. (LAC), reported a purchase of 1,000 common shares on March 20, 2026 at $3.78 per share, for a total transaction value of $3,780. The Form 4 lists the transaction code "P" (purchase), indicating an open-market or private purchase; the filing does not specify which.

Key Details

• Transaction date: 2026-03-20; Price: $3.78 per share; Total cost: $3,780
• Transaction type: Purchase (code P — open market or private purchase, not specified)
• Filing date: 2026-03-23 (filed within the SEC’s 2-business-day reporting window)
• Shares owned after transaction: not specified in the provided filing
• Notable footnotes: none disclosed on the filing

Context Purchases by directors are often watched by investors as a sign of insider conviction, but this is a relatively small, low-dollar transaction and may be routine. The filing is timely and contains no additional disclosures (e.g., 10b5-1 plan or tax withholding).