CROWLEY TIMOTHY AMBROSE 4
Research Summary
AI-generated summary
Lithium Americas (LAC) SVP Timothy Crowley Converts 15,673 RSUs
What Happened
Timothy Ambrose Crowley, SVP Government & External Affairs at Lithium Americas (LAC), reported the conversion/settlement of 15,673 restricted share units (RSUs) on April 10, 2026. The filing shows an acquisition (conversion) of 15,673 shares and a simultaneous disposition of 15,673 shares at $0.00; no cash proceeds are reported.
Key Details
- Transaction date: 2026-04-10; Form 4 filed 2026-04-14 (timely).
- Reported entries: 15,673 shares acquired via conversion of a derivative (RSU) and 15,673 shares disposed at $0.00. No per-share acquisition price is shown.
- Shares owned after the transaction: not specified in the Form 4 filing.
- Footnotes: F1 — each RSU converts to one common share; F2 — these RSUs were granted 2025-04-10 and vest 1/3 annually starting 2026 (this likely represents the first annual vesting).
- Filing accession: 0000912282-26-000595.
Context
This filing documents RSU vesting/conversion rather than an open-market buy or sale. The simultaneous disposition recorded at $0.00 is commonly used when shares are withheld or net-settled to cover taxes or similar obligations; the filing does not report cash proceeds. Such conversions are routine compensation events and do not by themselves indicate a bullish or bearish view by the insider.