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

Director Gao Yuan acquired 13,392 Deferred Share Units (DSUs) of Lithium Americas Corp. on April 10, 2025, according to a Form 4 filing.

Summary

• On April 10, 2025, Gao Yuan, a director of Lithium Americas Corp., acquired 13,392 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 will not have voting or dispositive rights until termination of employment or services as a director.
• Settlement for U.S. eligible participants will occur 6 months after termination, while for non-U.S. participants, it will be on the 20th business day after termination.
• Following the transaction, Gao Yuan directly owns 83,103 common shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reflects a routine transaction related to director compensation.

Future Outlook

The underlying common shares related to the DSUs will be issued upon 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, often involving deferred share units that vest over time or upon certain conditions.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves the issuance of deferred share units to a director.

Key Dates

Keywords

Lithium Americas Corp., Gao Yuan, Deferred Share Units, DSUs, Form 4, Director, Beneficial Ownership, Securities