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Lucid Group (LCID) director Sachin Kansal files initial insider ownership report

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Lucid Group, Inc. director Sachin Kansal has filed an initial ownership report with the SEC on Form 3. This filing establishes his status as a reporting insider of the company. The disclosure does not list any stock or option transactions or current holdings in this excerpt.

Positive

  • None.

Negative

  • None.
Form 3 regulatory
"has filed an initial ownership report with the SEC on Form 3"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
reporting insider regulatory
"This filing establishes his status as a reporting insider of the company"
director financial
"Sachin Kansal is identified as a director of Lucid Group"
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SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Kansal Sachin

(Last)(First)(Middle)
1725 3RD STREET

(Street)
SAN FRANCISCO CALIFORNIA 94158

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
06/04/2026
3. Issuer Name and Ticker or Trading Symbol
Lucid Group, Inc. [ LCID ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
Exhibit 24 - Power of Attorney. No securities are beneficially owned.
No securities are beneficially owned.
/s/ Bruce Wang, as attorney-in-fact for Sachin Kansal06/11/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the Lucid Group (LCID) Form 3 filing for Sachin Kansal mean?

The Form 3 for Sachin Kansal shows he is now an insider of Lucid Group as a director. It is an initial ownership report and, in this excerpt, does not show any stock or option transactions or specific holdings.

Did Sachin Kansal buy or sell Lucid Group (LCID) shares in this Form 3?

No transactions are reported in this Form 3 excerpt for Sachin Kansal. The transaction summary shows zero buys, zero sells, and zero derivative exercises, indicating this filing only establishes insider status, not trading activity.

Does the Lucid Group (LCID) Form 3 show how many shares Sachin Kansal owns?

This excerpted Form 3 does not list any specific share or option holdings for Sachin Kansal. The holding entries and derivative summaries are shown as zero, so no detailed ownership amounts appear here.

What insider role does Sachin Kansal have at Lucid Group (LCID)?

Sachin Kansal is identified as a director of Lucid Group in the Form 3 filing. He is not reported as an officer or ten percent owner in this excerpt, which focuses on his director status as a reporting person.

Does the Lucid Group (LCID) Form 3 indicate any option exercises or gifts of shares?

The transaction summary in this Form 3 excerpt shows zero derivative exercises, zero gifts, and zero tax-withholding events. It reflects no option-related or gift transactions for Sachin Kansal at the time of this initial report.