Lucid CFO granted 501,622 restricted stock units
DE BOCK ALEXANDER reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
DE BOCK ALEXANDER reported acquisition or exercise transactions in this Form 4 filing.
Lucid Group, Inc. reported that Chief Financial Officer Alexander De Bock received an award of 501,622 restricted stock units representing Class A Common Stock on August 5, 2026. These RSUs vest over four years: 1/4 on September 5, 2027 and the rest in twelve equal quarterly installments, subject to his continued employment. Following this award, he directly holds 501,622 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 501,622 | $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
continued employment financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did Lucid Group (LCID) grant its CFO?
How do the 501,622 RSUs for Lucid (LCID) CFO vest over time?
Is Lucid (LCID) CFO’s 501,622-unit award an immediate cash transaction?
What employment condition is attached to the Lucid (LCID) CFO RSU grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.