DUSHNISKY KELVIN PAUL MICHAEL 4

What Happened Kelvin Paul Michael Dushnisky, EVP, Capital Projects and a director of Lithium Americas (LAC), received two awards of restricted share units (RSUs) on January 29, 2026: 74,587 RSUs granted as short-term RSUs and 75,573 RSUs granted as longer-term RSUs. Both grants were reported at $0.00 per share (awards, not purchases), so no cash was exchanged in the transactions.

Key Details

• Transaction date(s) and price(s): January 29, 2026; 74,587 RSUs @ $0.00 (award); 75,573 RSUs @ $0.00 (derivative award).
• Total RSUs granted: 150,160 (74,587 + 75,573).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Filing/receipt: Form filed March 31, 2026 for a Jan 29, 2026 grant — this is a late filing relative to the usual 2-business-day Form 4 window.
• Notable footnotes: F1 — 74,587 RSUs vest 100% 60 days from the grant date; F2 — each RSU is a contingent right to one common share; F3 — 75,573 RSUs vest one-third annually beginning in 2027.

Context These were awards (compensation), not open-market purchases or sales. The short-term RSUs vest fully after 60 days (a near-term payout), while the larger 75,573 RSU award is a multi-year vesting grant (1/3 per year starting 2027). Because the filing was submitted well after the transaction date, investors may note the late reporting but should treat these as standard compensation awards rather than trading activity indicating personal market views.