Evans Jonathan David 4

What Happened

• Jonathan David Evans, President & CEO and a director of Lithium Americas Corp. (LAC), converted 97,897 restricted share units (RSUs) into common shares on April 10, 2026. To satisfy tax withholding, 85,296 of those shares were surrendered/withheld at an implied value of $4.17 per share, totaling $355,684. After withholding, roughly 12,601 shares from this conversion remained issued to him (97,897 converted − 85,296 withheld).

Key Details

• Transaction date: April 10, 2026.
• Conversion: 97,897 RSUs converted to common shares (reported as derivative exercise, code M) at $0.00 per share.
• Tax withholding: 85,296 shares disposed/withheld (code F) at $4.17 per share, total $355,684.
• Filing: Form 4 filed Apr 14, 2026 (covers the Apr 10, 2026 transaction).
• Footnotes: F1 — each RSU equals a contingent right to one common share; F2 — these shares come from a grant of 293,692 RSUs made Apr 10, 2025 that vest one-third annually beginning in 2026 (the 97,897 converted equals one-third of that grant).
• Shares owned after the transaction are not explicitly reported in the provided filing; the retained shares from this vesting are approximately 12,601.

Context

• This was a routine vesting/conversion of RSUs with shares withheld to meet tax obligations (a common non-market activity), not an open-market sale or a new buy signal. Such withholding is typically administrative and does not necessarily indicate a change in the insider’s market view.