Form 4: Lithium Americas Corp. VP Exercises Restricted Share Units
SEC Form 4 Filing
Aubree Barnum, VP of Human Resources at Lithium Americas Corp., reports the vesting and conversion of restricted share units into common shares.
Summary
- On January 23, 2025, Aubree Barnum, VP of Human Resources at Lithium Americas Corp., exercised restricted share units (RSUs).
- 7,037 RSUs were converted into 7,037 common shares.
- The price per share was $0.
- Following the transaction, Barnum directly owns 14,074 derivative securities and 38,276 common shares.
- Barnum also indirectly owns 24 common shares held by their spouse.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard insider transaction related to executive compensation.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minor dilutive effect on existing shareholders due to the issuance of new shares.
Key Dates
| Date | Description |
|---|---|
| 01/23/2024 | Date of grant of RSUs, which vest 1/3 annually beginning in 2025. |
| 01/23/2025 | Date of transaction: exercise of restricted share units and conversion to common shares. |
| 04/14/2025 | Date of signature of the Form 4 filing. |
Keywords
Lithium Americas Corp, LAC, Form 4, Restricted Share Units, RSU, Beneficial Ownership, Insider Trading, Aubree Barnum, VP Human Resources, Equity Securities
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