Lithium Americas Corp: executive chair Dushnisky Kelvin Paul Michael exercised 48,989 shares

What happened

• Dushnisky Kelvin Paul Michael, executive chair and director, exercised or converted a derivative for 48,989 shares on Oct 24, 2026. The filing shows an acquired entry for 48,989 shares and a disposed (derivative) entry for 48,989 shares. Price and total value are reported as N/A.

Key details

• Transaction date: Oct 24, 2026; transaction code: M (exercise or conversion of derivative).
• Shares acquired: 48,989; shares disposed: 48,989.
• Shares owned after the transaction: not stated in the provided filing.
• Relevant footnotes:
  • F1: Each restricted share unit (RSU) represents a contingent right to receive one share of the issuer's common stock.
  • F2: Represents grant of 244,945 RSUs on Oct 24, 2023, which vests 1/5 annually commencing on Oct 24, 2023.
• Filing timeliness: not indicated in the provided filing.

Why it may matter

• The filing records an exercise or conversion of a derivative (code M); the filing does not indicate whether the shares were sold immediately in a cashless exercise.
• This is a derivative conversion related to RSUs per the footnotes, not labeled as a market purchase or gift in the filing.
• This filing does not show why the insider traded or why the company acted.