Lucid Group (LCID) director receives 43,870 RSUs in equity grant

Rhea-AI Filing Summary

Maynard-Elliott Nichelle reported acquisition or exercise transactions in this Form 4 filing.

Lucid Group, Inc. director Nichelle Maynard-Elliott received an equity grant of 43,870 restricted stock units (RSUs) tied to Class A Common Stock as director compensation. The RSUs vest in full on the earlier of one year from grant or the next annual stockholder meeting, subject to continued board service, and are settled one-for-one in shares, with optional deferral. Following this grant, she directly holds 69,754 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Maynard-Elliott Nichelle

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	43,870	$0.00	--

Holdings After Transaction: Class A Common Stock — 69,754 shares (Direct, null)

Footnotes (1)

1. These restricted stock units ("RSUs") will vest in full on the earlier of (i) the one-year anniversary of the date of grant or (ii) the date of the next annual meeting of stockholders held after the date of grant, in each case, subject to the reporting person's continued service on the board of directors through the applicable vesting date. The RSUs are also subject to a deferral election by the reporting person and shares will not be issued until the designated deferred settlement date. RSUs are settled in shares of Class A Common Stock on a one-for-one basis.

Key Figures

RSUs granted: 43,870 RSUs Shares after transaction: 69,754 shares Grant price per share: $0.00 per unit

3 metrics

RSUs granted 43,870 RSUs Equity award to director Maynard-Elliott

Shares after transaction 69,754 shares Direct Class A Common Stock holdings post-grant

Grant price per share $0.00 per unit Stock-based compensation, not open-market purchase

Key Terms

restricted stock units, RSUs, Class A Common Stock, annual meeting of stockholders

4 terms

restricted stock units financial

"These restricted stock units ("RSUs") will vest in full on the earlier"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

RSUs financial

"RSUs are settled in shares of Class A Common Stock on a one-for-one basis."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

Class A Common Stock financial

"RSUs are settled in shares of Class A Common Stock on a one-for-one basis."

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

annual meeting of stockholders financial

"the date of the next annual meeting of stockholders held after the date of grant"

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Maynard-Elliott Nichelle

(Last) (First) (Middle)

C/O LUCID GROUP, INC.

7373 GATEWAY BOULEVARD

(Street)

NEWARK CALIFORNIA 94560

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Lucid Group, Inc. [ LCID ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/04/2026		A		43,870(1)	A	$0(2)	69,754	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These restricted stock units ("RSUs") will vest in full on the earlier of (i) the one-year anniversary of the date of grant or (ii) the date of the next annual meeting of stockholders held after the date of grant, in each case, subject to the reporting person's continued service on the board of directors through the applicable vesting date. The RSUs are also subject to a deferral election by the reporting person and shares will not be issued until the designated deferred settlement date.

2. RSUs are settled in shares of Class A Common Stock on a one-for-one basis.

Remarks:

	/s/ Bruce Wang, as attorney-in-fact for Nichelle Maynard-Elliott	06/08/2026
	** Signature of Reporting Person	Date
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 4 (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 4: SEC 1474 (03-26)

FAQ

What did Lucid Group (LCID) director Nichelle Maynard-Elliott report on this Form 4?

She reported receiving 43,870 restricted stock units as director equity compensation. These RSUs are tied to Lucid’s Class A Common Stock and increase her direct holdings to 69,754 shares after the grant.

How many Lucid (LCID) RSUs were granted to the director and at what price?

The director was granted 43,870 restricted stock units at a stated price of $0.00 per unit. This reflects a stock-based compensation award rather than an open-market purchase of Lucid shares.

When do the newly granted Lucid (LCID) RSUs vest for the director?

The RSUs vest in full on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders. Vesting also requires the director to remain on Lucid’s board through that vesting date.

How are Lucid (LCID) RSUs for the director settled once they vest?

Once vested, the RSUs are settled in Lucid Class A Common Stock on a one-for-one basis. The director has also elected deferral, so actual share delivery occurs on a designated deferred settlement date.

What is the director’s total Lucid (LCID) share ownership after this RSU grant?

After the grant, the director’s reported direct holdings total 69,754 shares of Lucid Class A Common Stock. This amount includes the impact of the 43,870 newly awarded restricted stock units reported in this filing.