Form 4: Lithium Americas Corp. Director Jinhee Magie Reports Acquisition of Deferred Share Units
SEC Form 4 Filing
Director Jinhee Magie reports acquiring 11,151 Deferred Share Units (DSUs) of Lithium Americas Corp., bringing total direct holdings to 54,724 DSUs.
Summary
- On April 30, 2025, Jinhee Magie, a director of Lithium Americas Corp., acquired 11,151 Deferred Share Units (DSUs).
- These DSUs represent 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.
- Following the transaction, Magie directly owns 54,724 DSUs.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reflects a routine transaction related to director compensation.
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, often involving deferred share units that vest over time.
Key Dates
| Date | Description |
|---|---|
| 04/30/2025 | Date of transaction: Acquisition of 11,151 Deferred Share Units |
| 05/01/2025 | Date of signature on the Form 4 filing |
Keywords
Lithium Americas Corp., Director, Jinhee Magie, Deferred Share Units, DSUs, Beneficial Ownership, Form 4, SEC Filing
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