Lucid Group corrects CFO stock award to 418,018 units
One-quarter of the award is scheduled to vest September 5, 2027, followed by 12 quarterly installments of one-sixteenth, subject to continued employment.
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Rhea-AI Filing Summary
A Form 4 amendment by Lucid Group, Inc. Chief Financial Officer Alexander de Bock corrects the reported acquired amount and balance for his August 5, 2026 award of 418,018 restricted stock units. The reported direct balance following the award was 418,018 shares. The award is scheduled to vest over four years, subject to continued employment through each vesting date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 418,018 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents restricted stock units that will vest over four years, with 1/4th vesting on September 5, 2027 and 1/16th vesting quarterly thereafter in twelve installments, on each March 5, June 5, September 5, and December 5 of each calendar year that occurs following September 5, 2027, subject to the reporting person's continued employment with the Issuer or its subsidiary through each vesting date.
Key Figures
Key Terms
restricted stock units financial
vesting financial
installments financial
FAQ
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How many RSUs did Lucid (LCID) CFO Alexander de Bock receive?
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