Form 4: Lithium Americas Corp. Director Michael John Brown Reports Acquisition of Deferred Share Units

Director Michael John Brown reports acquiring 12,580 Deferred Share Units (DSUs) of Lithium Americas Corp.

Summary

• On April 10, 2025, Michael John Brown, a director of Lithium Americas Corp., acquired 12,580 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.
• Following the transaction, Brown beneficially owns 52,367 common shares directly.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing detailing a director's compensation in the form of deferred share units. It doesn't contain any particularly positive or negative news, but reflects standard corporate governance practices.

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 acquisition of DSUs by a director aligns their interests with those of shareholders, potentially incentivizing value creation.

Key Dates

Keywords

Lithium Americas Corp., Michael John Brown, Deferred Share Units, DSU, Director, Beneficial Ownership, Form 4, LAC