GAO YUAN 4

4 · LITHIUM AMERICAS CORP. · Filed Apr 15, 2026

AI-generated summary of this filing

Updated Apr 15, 2026

Lithium Americas (LAC) Director Gao Yuan Receives DSU Award (10,137)

What Happened

Gao Yuan, a director of Lithium Americas Corp. (LAC), was granted 10,137 deferred share units (DSUs) on April 13, 2026. The reported acquisition price is $0.00 because this transaction is a derivative award (DSUs), not an open-market purchase or sale. No cash changed hands in this grant.

Key Details

Transaction date: 2026-04-13; Form 4 filed 2026-04-15 (timely filing).
Instrument: 10,137 DSUs (derivative award). Reported price: $0.00.
Shares owned after transaction: not specified in the filing.
Footnote: Each DSU represents the right to one common share but the underlying shares are not issued and the reporting person has no voting or dispositive rights until termination of employment/service.
Settlement timing: U.S. participants — settlement six months after termination; non-U.S. participants — settlement on the 20th business day after termination.
This is an award/compensation grant (code A), not a purchase or sale of outstanding shares.

Context

DSU grants are a form of compensation and do not reflect an immediate buy/sell market action; they convert to actual shares only upon the director’s termination (per the filing). Because no shares were issued or sold now, there is no immediate change to market float or voting power.

Form 4

Period: 2026-04-13

Director

Transactions

Award
Deferred Share Units ("DSUs")
[F1]
2026-04-13+10,137→ 137,451 total
→ Common Shares (10,137 underlying)

Footnotes (1)

[F1]Each DSU represents the right to receive one common share of the Issuer. The underlying common shares will not be issued to the Reporting Person, and the Reporting Person shall not have any voting or dispositive rights with respect to the underlying common shares, until termination of the Reporting Person's employment or services as a director of the Issuer. Grants to U.S. eligible participants will be settled with no further action by the Reporting Person on the date that is 6 months following the Reporting Person's termination date. Grants to non-U.S. eligible participants will be settled with no further action by the Reporting Person on the 20th business day following the Reporting Person's termination date.

Signature

/s/ Tereza Fonda as attorney-in-fact for Yuan Gao|2026-04-15

1 file