GERSPACHER RICHARD 4
4 · LITHIUM AMERICAS CORP. · Filed Apr 14, 2026
Research Summary
AI-generated summary of this filing
Lithium Americas (LAC) EVP Richard Gerspacher Exercises RSUs
What Happened Richard Gerspacher, EVP, Capital Projects at Lithium Americas (LAC), converted vested restricted share units (RSUs) into 34,239 common shares on 2026-04-10 (acquired at $0.00 per share). To satisfy tax withholding, 37,267 shares were disposed at $4.17 per share for proceeds/withholding value of $155,403. This event reflects an RSU vesting/conversion plus tax-withholding, not an open-market sale.
Key Details
- Transaction date: 2026-04-10; Form 4 filed: 2026-04-14 (timely filing).
- Conversion (code M): 34,239 shares acquired at $0.00.
- Tax withholding (code F): 37,267 shares disposed at $4.17, value $155,403.
- Footnote: The RSU grant was 102,717 RSUs on 2025-04-10, vesting 1/3 annually beginning in 2026 (34,239 = 1/3).
- Shares owned after the transaction: not provided in the excerpt.
Context This was a scheduled vesting/conversion of RSUs and a tax-withholding disposition—common administrative actions when awards vest. The withholding means shares were retained/sold to cover taxes rather than an open-market sale by the insider; it does not by itself indicate a change in the insider’s view of the company.
Insider Transaction Report
- Exercise/Conversion
Common Shares
2026-04-10+34,239→ 184,105 total - Tax Payment
Common Shares
2026-04-10$4.17/sh−37,267$155,403→ 146,838 total
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 102,717 RSUs on April 10, 2025, which vest 1/3 annually on the anniversary date of the grant, beginning in 2026.