GAO YUAN 4

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.