Richard Gerspacher, Executive Vice President of Capital Projects and Operations at Lithium Americas Corp., filed a statement of changes in beneficial ownership on October 26, 2026, reporting the vesting of 12,870 restricted share units on October 24, 2026.

Key Highlights

  • Reporting person: Richard Gerspacher, EVP, Capital Projects & Operations at Lithium Americas Corp.
  • Transaction: 12,870 common shares acquired via an "M" (exercise/conversion) transaction code on October 24, 2026, at a price of $0.
  • Beneficial ownership after transaction: Gerspacher directly held 159,708 common shares following the reported transaction.
  • RSU source: The vested units originated from a grant of 64,350 RSUs made on October 23, 2023, vesting one-fifth annually beginning October 23, 2023.
  • Remaining RSUs: 12,870 RSUs remained beneficially owned by Gerspacher following the transaction, held directly.
  • Filing signed: Tereza Fonda, as attorney-in-fact for Richard Gerspacher, signed the filing on October 26, 2026.

RSU Vesting Details for Lithium Americas EVP Richard Gerspacher

According to the filing, Gerspacher's transaction on October 24, 2026 reflects the scheduled annual vesting of a tranche from a restricted share unit grant originally awarded on October 23, 2023. Lithium Americas Corp., a lithium development company listed on NYSE as NYSE:LAC, is focused on advancing its Thacker Pass lithium project in Nevada, where Gerspacher oversees capital projects and operations in his executive role.

The filing discloses that each RSU represents a contingent right to receive one common share of the issuer. The original grant of 64,350 RSUs vests at a rate of one-fifth per year commencing October 23, 2023, making the October 24, 2026 vesting the third annual installment under that grant schedule. The 12,870 shares were acquired at a stated price of $0, consistent with standard RSU vesting mechanics where no exercise price is paid by the recipient.

Following the vesting event, Gerspacher held 159,708 common shares directly, as reported in Table I of the filing. Table II of the filing shows that 12,870 RSUs remain outstanding and directly owned by Gerspacher after the transaction, representing unvested portions of the original 2023 grant that have not yet converted to common shares. The filing was made by one reporting person and was not marked as an amendment to a prior filing.

What Was Disclosed

The filing reports a vesting of 12,870 RSUs into common shares for Lithium Americas EVP Richard Gerspacher on October 24, 2026, resulting in direct beneficial ownership of 159,708 common shares, with 12,870 RSUs still outstanding.