Kelvin Paul Michael Dushnisky, Executive Chair and Director of Lithium Americas Corp., filed a Form 4 on October 26, 2026, reporting the vesting and acquisition of 48,989 restricted share units on October 24, 2026.

Key Highlights

  • Reporting person: Kelvin Paul Michael Dushnisky, serving as Executive Chair and Director of Lithium Americas Corp. (NYSE:LAC)
  • Transaction: 48,989 common shares acquired on October 24, 2026, via transaction code M (exercise or conversion of derivative security)
  • RSU origin: The shares derive from a grant of 244,945 RSUs made on October 24, 2023, vesting one-fifth annually beginning October 24, 2023, according to the filing
  • Resulting ownership: Following the transaction, Dushnisky directly beneficially owns 259,493 common shares
  • Derivative position: 48,989 RSUs remain beneficially owned following the reported transaction, held directly
  • Filed by: Tereza Fonda as attorney-in-fact for Kelvin Dushnisky, signed October 26, 2026

RSU Vesting Details for Dushnisky at Lithium Americas

According to the Form 4 filed with the SEC on October 26, 2026, Kelvin Paul Michael Dushnisky, Executive Chair and Director at Lithium Americas Corp. (NYSE:LAC), reported the acquisition of 48,989 common shares on October 24, 2026. The transaction code recorded is M, reflecting the conversion of derivative securities into common shares.

The filing discloses that each restricted share unit represents "a contingent right to receive one share of the Issuer's common stock." The RSUs converted in this transaction originate from a grant of 244,945 RSUs awarded on October 24, 2023, which the filing states "vests 1/5 annually commencing on October 24, 2023." No price is listed for the derivative security. Following the reported transaction, Dushnisky directly holds 259,493 common shares of Lithium Americas Corp.

In Table II of the filing, 48,989 RSUs are shown as remaining beneficially owned following the transaction, held directly. The Form 4 was signed by Tereza Fonda as attorney-in-fact for Kelvin Dushnisky and dated October 26, 2026. The filing was made as an individual report by one reporting person and does not indicate that an amendment to a prior Form 4 was involved.

What Was Disclosed

Lithium Americas Corp. Executive Chair Kelvin Dushnisky reported the vesting of 48,989 RSUs into common shares on October 24, 2026, stemming from a 2023 grant, bringing his directly held common share total to 259,493, with 48,989 RSUs still outstanding.