Lithium Americas (NYSE: LAC) CFO awarded 39,183 RSUs; shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LITHIUM AMERICAS CORP. EVP & CFO Luke Colton reported equity compensation activity involving restricted share units and common shares. On April 10, 2026, he received 39,183 restricted share units, each representing a right to one common share. That same day, 39,183 common shares were acquired upon exercise of derivative securities, and 26,452 of those shares were withheld at $4.17 per share to cover tax obligations. After these transactions, Colton directly owned 50,285 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
COLTON LUKE
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 39,183 | $0.00 | -- |
| Exercise | Common Shares | 39,183 | $0.00 | -- |
| Tax Withholding | Common Shares | 26,452 | $4.17 | $110K |
Holdings After Transaction:
Restricted Share Units — 78,367 shares (Direct);
Common Shares — 76,737 shares (Direct)
Footnotes (1)
- Each restricted share unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. Represents grant of 117,550 RSUs on April 10, 2025, which vest 1/3 annually on the anniversary of the grant date, beginning in 2026.
Key Figures
RSUs granted: 39,183 RSUs
Common shares acquired: 39,183 shares
Shares withheld for taxes: 26,452 shares
+2 more
5 metrics
RSUs granted
39,183 RSUs
Grant of restricted share units on April 10, 2026
Common shares acquired
39,183 shares
Shares acquired via derivative exercise on April 10, 2026
Shares withheld for taxes
26,452 shares
Tax-withholding disposition at $4.17 per share
Tax withholding price
$4.17 per share
Value applied to 26,452 withheld shares
Shares owned after transactions
50,285 shares
Direct common share holdings following April 10, 2026 activity
Key Terms
Restricted Share Units, derivative security, tax-withholding disposition, contingent right
4 terms
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
contingent right financial
"represents a contingent right to receive one share of the Issuer's common stock"
FAQ
What insider transaction did LAC EVP & CFO Luke Colton report?
Luke Colton reported equity compensation activity, not an open-market trade. He received 39,183 restricted share units and 39,183 common shares, with a portion of the shares withheld to satisfy tax obligations tied to the award.
What does the tax-withholding disposition in the LAC Form 4 mean?
The tax-withholding disposition means 26,452 shares were withheld rather than sold on the market. These shares, valued at $4.17 each, were used to pay tax obligations arising from the vesting or settlement of the reported equity compensation.
Is the LAC CFO’s Form 4 transaction considered a buy or sell signal?
This Form 4 mainly reflects routine compensation and tax withholding, not a discretionary buy or sell. Shares were acquired through equity awards, and some were withheld for taxes, which typically carries limited informational value about management’s view of the stock.