GRANDY EDWARD 4

What Happened

• Edward Grandy, Senior Vice President, General Counsel & Secretary of Lithium Americas Corp. (LAC), had 21,218 restricted stock units (RSUs) convert/vest into common shares on April 10, 2026. The filing shows a tax-withholding disposition of 25,590 shares at $4.17/share, totaling $106,710, to satisfy tax obligations related to the vesting.

Key Details

• Transaction date: April 10, 2026; Form 4 filed April 14, 2026 (timely).
• Vesting/conversion: 21,218 RSUs converted to 21,218 shares (transaction code M).
• Tax withholding: 25,590 shares withheld (transaction code F) at $4.17 per share = $106,710 paid to cover taxes.
• Footnotes: F1 = each RSU equals a right to one common share; F2 = these RSUs come from a grant of 63,653 RSUs on April 10, 2025, vesting one‑third annually beginning in 2026.
• Shares owned after the transaction: not disclosed in the provided summary of the filing.

Context

• This was a routine vesting of RSUs rather than an open‑market purchase or sale by the insider. The company withheld shares to satisfy tax withholding (a common, non‑market sale method). The filing shows no open‑market sale or new cash purchase; it documents compensation vesting and related tax withholding.