MAGIE JINHEE 4

What Happened
Magie Jinhee, a director of Lithium Americas Corp. (LAC), was granted 7,919 deferred share units (DSUs) on April 13, 2026. The Form 4 reports the acquisition as a derivative award at $0.00 per unit (total reported value $0). These DSUs represent the right to receive one common share per DSU, but the underlying common shares are not issued and Jinhee has no voting or dispositive rights until termination and settlement.

Key Details

• Transaction date: 2026-04-13; Transaction type: Award/Grant (code A), derivative (DSUs).
• Price: $0.00 per unit; total reported acquisition value: $0.
• Units granted: 7,919 DSUs.
• Shares owned after transaction: the Form 4 provided does not disclose the reporting person’s total post-transaction holdings.
• Footnote: DSUs convert to common shares only upon the reporting person’s termination/service end. Settlement timing: for U.S. participants, settlement occurs six months after termination; for non-U.S. participants, settlement occurs on the 20th business day following termination.
• Filing timeliness: Form filed Apr 15, 2026 for an Apr 13 transaction (within the typical two-business-day reporting window).

Context
DSU grants are compensation/retention awards rather than open-market purchases or sales. Because the underlying shares are deferred until termination and no voting rights attach before settlement, this award does not represent an immediate change in voting power or market activity. For retail investors, grants like this are standard director compensation and not a direct buy/sell signal.