GRANDY EDWARD 4

What Happened Edward Grandy, Senior Vice President, General Counsel & Secretary of Lithium Americas (LAC), had 4,225 shares disposed of on February 12, 2026 to satisfy a tax obligation. The shares were recorded at $4.54 each, a disposal value of $19,182. The transaction is reported under code F, indicating payment of an exercise price or tax liability (share withholding).

Key Details

• Transaction date: 2026-02-12
• Price per share: $4.54; Shares surrendered: 4,225; Total value: $19,182
• Transaction code: F (payment of exercise price or tax liability / tax withholding)
• Shares owned after transaction: not provided in the excerpt of the filing
• Filing date: 2026-03-24 — the Form 4 was filed later than the transaction date (filed ~40 days after the reported transaction), reducing the timeliness of public disclosure

Context This was a tax-withholding share surrender (often part of option exercise or restricted stock vesting), not an open-market sale. Such withholding is a routine administrative action to cover tax liabilities and does not necessarily signal a buy/sell decision about the company’s prospects.