Form 4: Lithium Americas VP Disposes of Shares for Tax Withholding
Statement of Changes in Beneficial Ownership
Alexi Illya Zawadzki, VP of Resource Development at Lithium Americas Corp., disposed of 42,189 common shares on July 11, 2025, at a price of $2.85 per share, primarily for tax withholding purposes.
Summary
- Alexi Illya Zawadzki, VP, Resource Development at Lithium Americas Corp. (LAC), reported a disposition of common shares.
- On July 11, 2025, 42,189 common shares were disposed of.
- The transaction code 'F' indicates a disposition to satisfy tax withholding obligations.
- The shares were disposed of at a price of $2.85 per share.
- This price was converted from a Canadian withholding price of C$3.90 using an exchange rate of C$1.3684 = US$1.00.
- Following this transaction, Alexi Illya Zawadzki beneficially owns 403,919 common shares directly.
Sentiment
Score: 5
Explanation: The transaction is a routine disposition for tax withholding, which is a neutral event and does not reflect positive or negative sentiment about the company's future prospects.
Positives
- The transaction is a routine disposition for tax withholding, which is a common practice for equity compensation and does not necessarily indicate a lack of confidence in the company.
Negatives
- A reduction in direct share ownership by a key executive, although for tax purposes, slightly decreases their direct stake.
Stakeholder Impact
- Shareholders: The transaction is a routine tax-related disposition by an executive and is unlikely to have a significant direct impact on other shareholders beyond the reported change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 07/11/2025 | Date of earliest transaction (disposition of common shares). |
| 07/14/2025 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Keywords
Lithium Americas Corp., LAC, SEC Form 4, Insider Trading, Share Disposition, Tax Withholding, Alexi Illya Zawadzki, Common Shares, Executive Compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.