4Accepted Apr 14, 8:22 PM ET
Lithium Americas (LAC) SVP Robert Russell‑Smith Sells 2,379 Shares
Accepted (ET)
8:22 PM
Apr 14, 2026
Filed
Apr 14, 2026
Documents
1
Size
5.0 KB
Summary
Lithium Americas (LAC) SVP Robert Russell‑Smith Sells 2,379 Shares
What Happened
Robert Russell‑Smith, SVP, Finance at Lithium Americas Corp. (LAC), disposed of 2,379 shares on 2026-04-10 as a payment of exercise price or to cover tax liability. The filing reports a per‑share amount of $4.13, totaling approximately $9,825. This was a withholding/disposition to satisfy tax or exercise obligations rather than an open‑market sale.
Key Details
- Transaction date: 2026-04-10; reported/ filed: 2026-04-14 (appears timely — within the 2 business‑day Form 4 window).
- Shares disposed: 2,379 at $4.13 per share; total value ≈ $9,825.
- Transaction code: F — payment of exercise price or tax liability (share withholding).
- Footnote: the $4.13 USD price was converted from C$5.71 using exchange rate C$1.3825 = US$1.00.
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
This transaction reflects routine share withholding to satisfy tax or option exercise obligations (common after option exercises or vesting). Such disposals are generally administrative and do not necessarily signal the insider’s view on the company; purchases tend to be more informative about insider confidence.