Earlier quoted context omitted.
Sending the notification still seems like a better idea than not doing it. If a page has gotten you to enter the password at all then it's pretty likely that it knows the significance before the notification.
But does the page even need to get you to enter it? Could it be possible to set up a hidden password field for LastPass to monitor, and then run a dictionary attack in the background, waiting for the notification? (I don't use LastPass, so I don't know anything about how this feature is designed.)
Before Chrome implemented isTrusted, it was a bit more tricky and we had to rely on a variety of attributes that did not have as much of a security guarantee.