Lithium Americas (NYSE: LAC) SVP awarded new RSUs and common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lithium Americas Corp. reported that SVP of Finance Robert Russell-Smith received equity-based compensation. He was granted 23,377 restricted share units (RSUs) that each represent a right to receive one common share, and 4,223 common shares as awards, all recorded as acquisitions, not open-market purchases. The RSUs include a grant that vests fully 60 days from the grant date and another grant of 23,377 RSUs that vests in thirds annually beginning in 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
RUSSELL-SMITH ROBERT
Role
SVP, Finance
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 23,377 | $0.00 | -- |
| Grant/Award | Common Shares | 4,223 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 23,377 shares (Direct);
Common Shares — 4,223 shares (Direct)
Footnotes (1)
- Represents grant of short-term restricted share units which vest 100% 60 days from the grant date. Each restricted share unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. Represents grant of 23,377 RSUs on January 29, 2026, which vest 1/3 annually on the anniversary of the grant date, beginning in 2027.
Key Figures
RSU grant size: 23,377 RSUs
Common share award: 4,223 shares
Short-term RSU vesting: 100% after 60 days
+1 more
4 metrics
RSU grant size
23,377 RSUs
Grant on January 29, 2026 to SVP of Finance
Common share award
4,223 shares
Common shares awarded on January 29, 2026
Short-term RSU vesting
100% after 60 days
Short-term restricted share units vest fully 60 days from grant
Long-term RSU vesting schedule
1/3 annually
23,377 RSUs vest 1/3 each year starting 2027
Key Terms
Restricted Share Units, short-term restricted share units, RSU
3 terms
RSU financial
"Each restricted share unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
FAQ
What insider transaction did LAC SVP of Finance report on this Form 4?
The SVP of Finance reported equity awards, not market trades. He received 23,377 restricted share units and 4,223 common shares as compensation grants recorded as acquisitions rather than open-market purchases or sales.
What are the vesting terms for the 23,377 RSUs at Lithium Americas (LAC)?
The 23,377 RSUs granted on January 29, 2026 vest in three equal annual installments. Vesting begins on the first anniversary of the grant date in 2027, aligning the executive’s compensation more closely with long-term company performance.
Were the LAC insider transactions open-market buys or sales of stock?
No. The filing shows grant or award acquisitions. The transactions are coded as “A” and described as grants or awards, meaning they are compensation-related equity awards rather than open-market purchases or sales of Lithium Americas shares.