Lucid Group (Nasdaq: LCID) grants director 43,870 RSUs

Rhea-AI Filing Summary

Lucid Group director Douglas J. Grimm received a grant of 43,870 restricted stock units (RSUs) of Class A Common Stock. These RSUs vest in full on the earlier of one year from grant or the next annual stockholder meeting, subject to his continued board service. RSUs convert into Class A shares on a one-for-one basis, and Grimm will hold 58,969 shares directly after settlement, assuming full vesting.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Grimm Douglas J.

Role null

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

Holdings After Transaction: Class A Common Stock — 58,969 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

RSU grant size: 43,870 RSUs Post-award holdings: 58,969 shares Grant price: $0.00 per share +2 more

5 metrics

RSU grant size 43,870 RSUs Class A Common Stock award to director Douglas J. Grimm

Post-award holdings 58,969 shares Total Class A Common Stock beneficially owned after award

Grant price $0.00 per share RSU grant is a no-cash compensation award, not a purchase

Vesting trigger Earlier of 1-year or next annual meeting Full vesting schedule for the 43,870 RSUs

Settlement ratio 1 RSU : 1 share RSUs settled in Class A Common Stock on a one-for-one basis

Key Terms

restricted stock units ("RSUs"), deferral election, one-for-one basis

3 terms

restricted stock units ("RSUs") financial

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

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

deferral election financial

"The RSUs are also subject to a deferral election by the reporting person..."

one-for-one basis financial

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

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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^*

Grimm Douglas J.

(Last) (First) (Middle)

7373 GATEWAY BLVD

(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)	58,969	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 Douglas J. Grimm	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 Douglas J. Grimm report on this Form 4?

Douglas J. Grimm reported receiving 43,870 restricted stock units (RSUs) of Lucid Group Class A Common Stock. This is a compensation-related equity award, not an open-market share purchase or sale, and reflects his role on the company’s board of directors.

How and when do Douglas J. Grimm’s 43,870 Lucid (LCID) RSUs vest?

The 43,870 RSUs will vest in full on the earlier of the one-year anniversary of the grant date or the next annual stockholder meeting. Vesting is conditioned on Grimm’s continued service on Lucid’s board of directors through the applicable vesting date.

How many Lucid Group (LCID) shares will Douglas J. Grimm own after this RSU award?

After the RSU grant, Douglas J. Grimm is reported to beneficially own 58,969 shares of Lucid Group Class A Common Stock directly. This figure assumes settlement of the granted RSUs in shares following vesting and any applicable deferral terms.

Are Douglas J. Grimm’s Lucid (LCID) RSUs settled in cash or stock?

Grimm’s RSUs are settled in Lucid Group Class A Common Stock on a one-for-one basis. Each vested RSU converts into one share, with issuance timing subject to any deferral election and the designated deferred settlement date he has chosen.

Is Douglas J. Grimm’s Lucid (LCID) Form 4 a buy or a compensation grant?

The Form 4 reflects a compensation grant, coded as an “A” transaction for a grant, award, or other acquisition. Grimm did not buy shares in the open market; he received 43,870 RSUs as part of his director compensation package at a stated price of $0.00.