Form 4: Lithium Americas Corp.: Executive Timothy Crowley Reports Stock Transactions
SEC Form 4
Timothy Ambrose Crowley, VP of Government & External Affairs at Lithium Americas Corp., reports the vesting and conversion of restricted stock units into common shares.
Summary
- On January 23, 2025, Timothy Ambrose Crowley converted 6,629 restricted share units (RSUs) into common shares.
- On January 31, 2025, Crowley converted 6,032 RSUs into common shares.
- On February 9, 2025, Crowley converted 3,918 RSUs into common shares.
- These transactions increased Crowley's direct ownership of common shares to 101,567.
- The RSUs converted on January 23, 2025, were granted on January 23, 2024, and vest in three annual installments starting in 2025.
- The RSUs converted on January 31, 2025, were granted on January 31, 2022, with the remaining balance vesting in January 2025.
- The RSUs converted on February 9, 2025, were granted on February 9, 2023, and vest in three annual installments starting in 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives. It is common for executives to receive stock-based compensation, and the vesting and conversion of these awards are regularly reported.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the increase in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| January 31, 2022 | Grant date of RSUs that vest in January 2025 |
| February 9, 2023 | Grant date of RSUs that vest 1/3 annually beginning in 2024 |
| January 23, 2024 | Grant date of RSUs that vest 1/3 annually beginning in 2025 |
| January 23, 2025 | Conversion of 6,629 RSUs into common shares |
| January 31, 2025 | Conversion of 6,032 RSUs into common shares |
| February 9, 2025 | Conversion of 3,918 RSUs into common shares |
| April 14, 2025 | Date of Form 4 filing |
Keywords
Lithium Americas Corp., Timothy Ambrose Crowley, restricted stock units, RSUs, common shares, insider trading, Form 4, stock options, vesting
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