COLTON LUKE 4
4 · LITHIUM AMERICAS CORP. · Filed Apr 14, 2026
Research Summary
AI-generated summary of this filing
Lithium Americas (LAC) CFO Colton Luke Converts RSUs; 26K Shares Withheld
What Happened
- Colton Luke, Chief Financial Officer of Lithium Americas Corp. (LAC), had 39,183 restricted stock units (RSUs vest) convert to common shares on April 10, 2026 (derivative exercise/conversion). The RSUs converted at an exercise price of $0.00. To cover tax withholding, 26,452 of those shares were withheld/disposed at $4.17 per share, totaling $110,305, leaving a net delivery of approximately 12,731 shares to Mr. Luke.
Key Details
- Transaction date: April 10, 2026 (filed April 14, 2026 — timely within required reporting window).
- Vesting/conversion: 39,183 RSUs converted to shares (exercise/conversion code M / award code A).
- Tax withholding: 26,452 shares withheld/disposed at $4.17 each for $110,305 (code F).
- Net shares received: ~12,731 (39,183 acquired − 26,452 withheld).
- Shares owned after transaction: Not reported in this Form 4.
- Footnotes: The RSUs are a contingent right to one share each (F1). These 39,183 shares represent one-third of a 117,550 RSU grant made on April 10, 2025 that vests 1/3 annually starting in 2026 (F2).
Context
- This was a routine vesting of RSUs rather than an open‑market purchase or sale. The withholding of shares to satisfy tax obligations is standard practice (a cashless/withholding settlement), not a market sale intended as a liquidity or investment signal. The filing appears to have been made within the normal reporting timeframe.
Insider Transaction Report
Form 4
COLTON LUKE
EVP & Chief Financial Officer
Transactions
- Exercise/Conversion
Common Shares
2026-04-10+39,183→ 76,737 total - Tax Payment
Common Shares
2026-04-10$4.17/sh−26,452$110,305→ 50,285 total - Award
Restricted Share Units
[F1][F2]2026-04-10+39,183→ 78,367 total→ Common Shares (39,183 underlying)
Footnotes (2)
- [F1]Each restricted share unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F2]Represents grant of 117,550 RSUs on April 10, 2025, which vest 1/3 annually on the anniversary of the grant date, beginning in 2026.
Signature
/s/ Tereza Fonda as attorney-in-fact for Luke Colton|2026-04-14