Form 4: Lithium Americas Corp. Director Acquires Deferred Share Units

Director Philip Montgomery acquired 11,151 Deferred Share Units (DSUs) representing the right to receive common shares of Lithium Americas Corp.

Summary

• On April 30, 2025, Philip Montgomery, a director of Lithium Americas Corp., acquired 11,151 Deferred Share Units (DSUs).
• Each DSU represents the right to receive one common share of Lithium Americas Corp.
• The underlying common shares will not be issued, and the Reporting Person shall not have any voting or dispositive rights with respect to the underlying common shares, until termination of the Reporting Person's employment or services as a director of the Issuer.
• Grants to U.S. eligible participants will be settled with no further action by the Reporting Person on the date that is 6 months following the Reporting Person's termination date.
• Grants to non-U.S. eligible participants will be settled with no further action by the Reporting Person on the 20th business day following the Reporting Person's termination date.
• Following the transaction, Montgomery beneficially owns 51,660 common shares directly.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to director compensation and has a neutral sentiment.

Future Outlook

The underlying common shares will not be issued to the Reporting Person, and the Reporting Person shall not have any voting or dispositive rights with respect to the underlying common shares, until termination of the Reporting Person's employment or services as a director of the Issuer.

Industry Context

This filing reflects standard compensation practices for directors of publicly traded companies, aligning their interests with those of shareholders through equity-based compensation.

Stakeholder Impact

• The acquisition of DSUs aligns the director's interests with those of shareholders, potentially encouraging decisions that benefit the company's long-term value.

Key Dates

Keywords

Lithium Americas Corp., Director, DSU, Deferred Share Units, Beneficial Ownership, Form 4, LAC, Philip Montgomery