GERSPACHER RICHARD 4

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.