Edward Grandy, Senior Vice President, General Counsel and Secretary of Lithium Americas Corp., filed a Form 4 on October 26, 2026, reporting the conversion of 13,285 restricted stock units into common shares on October 24, 2026.

Key Highlights

  • Reporting person: Edward Grandy, Sr VP, GC & Secretary of Lithium Americas Corp. (NYSE:LAC)
  • Transaction date: October 24, 2026, with transaction code M (conversion of derivative security)
  • Shares acquired: 13,285 common shares received upon vesting of 13,285 restricted stock units
  • Price of derivative security: $0, as reported in the filing
  • Beneficial ownership following transaction: 186,592 common shares held directly
  • RSU grant origin: 66,426 RSUs granted on October 24, 2023, vesting one-fifth annually beginning October 24, 2023
  • Remaining derivative holdings: 13,285 RSUs still beneficially owned following the reported transaction

Grandy's RSU Vesting and Resulting Common Share Position at Lithium Americas

According to the filing, Edward Grandy, who serves as Senior Vice President, General Counsel and Secretary of Lithium Americas Corp. (NYSE:LAC), reported a single transaction on October 24, 2026. The transaction involved the conversion of 13,285 restricted stock units into an equal number of common shares of the issuer, recorded under transaction code M in Table I of the Form 4.

The filing discloses that each restricted stock unit "represents a contingent right to receive one share of the Issuer's common stock." The RSUs converted in this transaction originated from a grant of 66,426 RSUs made on October 24, 2023, which the filing states "vests 1/5 annually commencing on October 24, 2023." The price of the derivative security is listed as $0. Following the reported transaction, the filing shows Grandy directly holds 186,592 common shares and retains 13,285 RSUs as derivative securities.

The Form 4 was signed by Tereza Fonda as attorney-in-fact for Edward Grandy and was filed on October 26, 2026. The filing indicates Grandy filed as a single reporting person and does not indicate that the transaction was made pursuant to a Rule 10b5-1(c) plan, as the corresponding checkbox was not marked.

What Was Disclosed

The filing reports the vesting and conversion of 13,285 RSUs into common shares by Lithium Americas' Sr VP, GC and Secretary on October 24, 2026, leaving him with 186,592 common shares and 13,285 RSUs directly held.