Form 4: Lithium Americas Director Receives DSU Grant

Director Philip Montgomery was granted 7,919 Deferred Share Units as part of his compensation package with Lithium Americas Corp.

Summary

• Director Philip Montgomery acquired 7,919 Deferred Share Units (DSUs) on April 13, 2026.
• Each DSU represents a right to receive one common share of Lithium Americas Corp (LAC).
• The total number of DSUs beneficially owned by the director following this transaction is 73,374.
• The DSUs are subject to settlement terms linked to the termination of the director's service.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in nature.

Positives

• The grant of equity-based compensation aligns the director's long-term interests with those of the shareholders.

Negatives

• None identified.

Risks

• The value of the DSUs is tied to the future performance of the company's common shares.

Future Outlook

The DSUs will be settled in common shares following the termination of the director's service, with specific timelines for U.S. and non-U.S. participants.

Management Comments

• Each DSU represents the right to receive one common share of the Issuer.

Industry Context

StockSavvy.ai notes that equity-based compensation for directors is standard practice in the mining and lithium sector to ensure alignment with shareholder value creation.

Comparison to Industry Standards

• The use of Deferred Share Units as a component of director compensation is consistent with standard corporate governance practices for publicly traded companies in the lithium sector.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation grant.

Next Steps

• Settlement of DSUs into common shares upon the director's eventual termination of service.

Key Dates

Keywords

Lithium Americas, LAC, Director Compensation, Deferred Share Units, Insider Transaction, SEC Form 4