Lithium Americas (LAC) Sr. VP Edward Grandy Sells 15 Shares for Tax

What Happened

• Edward Grandy, Senior Vice President, General Counsel & Secretary of Lithium Americas (LAC), had 15 shares disposed on 2026-06-15 to satisfy a tax liability related to equity compensation. The shares were disposed at $4.45 each for a total of $67.
• This was a routine tax-withholding disposal (not an open-market sale for investment purposes).

Key Details

• Transaction date: 2026-06-15; Filing date: 2026-06-17 (Form 4 filed timely).
• Price/amount: 15 shares @ $4.45 = $67 total.
• Transaction code: F — payment of exercise price or tax liability (share withholding to cover taxes).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• No indication of a 10b5-1 plan or other special plan in the supplied data.

Context

• This type of transaction typically reflects a “sell-to-cover” or net-share settlement to satisfy tax withholding when equity vests or options are exercised; it does not necessarily signal a view on the company’s prospects.
• For retail investors, purchases or open-market insider buys may carry more informational weight than routine tax-withholding disposals like this one.