Lucid Group (LCID) director awarded 43,870 RSUs, 1,556 shares withheld for tax

Rhea-AI Filing Summary

Lucid Group director Nouri Chabi reported routine equity compensation activity. He received a grant of 43,870 shares of Class A Common Stock at no cost, reflecting vesting of restricted stock units. To cover taxes on this vesting, 1,556 shares were withheld at a price of $5.72 per share. Following these transactions, he directly owns 22,600 shares. 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 Class A shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Nouri Chabi

Role null

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	1,556	$5.72	$9K
Grant/Award	Class A Common Stock	43,870	$0.00	--

Holdings After Transaction: Class A Common Stock — 22,600 shares (Direct, null)

Footnotes (1)

1. Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the time-based vesting of restricted stock units previously reported on Form 4s filed by the reporting person. 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. RSUs are settled in shares of Class A Common Stock on a one-for-one basis.

Key Figures

Equity grant: 43,870 shares Tax withholding shares: 1,556 shares Withholding price: $5.72 per share +1 more

4 metrics

Equity grant 43,870 shares Class A Common Stock granted at $0.00 per share

Tax withholding shares 1,556 shares Withheld to satisfy tax obligations on RSU vesting

Withholding price $5.72 per share Value used for tax-withholding disposition

Post-transaction holdings 22,600 shares Directly owned Class A Common Stock after transactions

Key Terms

restricted stock units ("RSUs"), tax withholding, time-based vesting, annual meeting of stockholders, +1 more

5 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.

tax withholding financial

"withheld by the Issuer to satisfy tax withholding and remittance obligations"

Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.

time-based vesting financial

"in connection with the time-based vesting of restricted stock units"

Time-based vesting is a schedule that gives employees or contractors ownership of granted stock or options gradually as they remain with a company, like unlocking rewards in a loyalty program the longer you stick around. For investors, it matters because it affects future share supply, management incentives and staff retention — all of which can influence company performance and dilution of existing shareholders.

annual meeting of stockholders financial

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

settled in shares 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^*

Nouri Chabi

(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		F		1,556(1)	D	$5.72	22,600	D
Class A Common Stock	06/04/2026		A		43,870(2)	A	$0(3)	66,470	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. Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the time-based vesting of restricted stock units previously reported on Form 4s filed by the reporting person.

2. 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.

3. 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 Chabi Nouri	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 Nouri Chabi report in this Form 4?

Director Nouri Chabi reported a routine equity compensation grant and related tax withholding. He received 43,870 shares of Class A Common Stock from vested RSUs, and 1,556 shares were withheld to satisfy tax obligations tied to the vesting event.

How many Lucid Group (LCID) shares were granted to Nouri Chabi?

Nouri Chabi was granted 43,870 shares of Lucid Group Class A Common Stock at no cost. These shares relate to restricted stock units that vest based on time, aligning his compensation with continued service on Lucid’s board of directors.

Why were 1,556 Lucid Group (LCID) shares withheld from Nouri Chabi?

1,556 shares were withheld to cover tax withholding and remittance obligations on vested restricted stock units. Instead of paying cash, a portion of the vested shares was used to satisfy income tax liabilities triggered by the RSU vesting event.

What is Nouri Chabi’s Lucid Group (LCID) share ownership after these transactions?

After the reported grant and tax withholding, Nouri Chabi directly owns 22,600 shares of Lucid Group Class A Common Stock. This figure reflects his remaining direct holdings following the equity award and the withholding of shares for tax obligations.

How do Nouri Chabi’s Lucid Group (LCID) RSUs vest?

His restricted stock units vest in full on the earlier of one year after the grant date or the next annual stockholder meeting. Vesting is conditioned on his continued service on Lucid Group’s board through that date, reinforcing long-term alignment with shareholders.

How are Lucid Group (LCID) RSUs settled for Nouri Chabi?

The restricted stock units are settled in Lucid Group Class A Common Stock on a one-for-one basis. When RSUs vest, each unit converts into one share, subject to applicable tax withholding handled through share remittance or other methods.