Lucid Group (LCID) director granted 43,870 RSUs, 1,556 shares withheld
Rhea-AI Filing Summary
Lucid Group, Inc. director Nouri Chabi reported equity compensation activity involving Class A Common Stock. On June 4, 2026, Chabi received a grant of 43,870 restricted stock units (RSUs), which will vest in full on the earlier of the one-year anniversary of the grant date or the next annual stockholders’ meeting, subject to continued board service. RSUs are settled one-for-one in shares of Class A Common Stock.
On the same date, 1,556 shares were withheld and disposed of to satisfy tax withholding and remittance obligations related to the vesting of previously granted RSUs, at a price of $5.72 per share. After these transactions, Chabi directly holds 66,470 shares of Lucid Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 42,314 shares
Net Buy
2 txns
Insider
Nouri Chabi
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 1,556 | $5.72 | $9K |
| Grant/Award | Class A Common Stock | 43,870 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 66,470 shares (Direct)
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. RSUs are settled in shares of Class A Common Stock on a one-for-one basis.
Key Figures
RSU grant: 43,870 units
Tax-withheld shares: 1,556 shares
Tax-withholding price: $5.72 per share
+1 more
4 metrics
RSU grant
43,870 units
Restricted stock units granted to director Nouri Chabi on June 4, 2026
Tax-withheld shares
1,556 shares
Shares withheld and disposed of to satisfy tax obligations at $5.72 per share
Tax-withholding price
$5.72 per share
Price used for the 1,556-share tax-withholding disposition
Post-transaction holdings
66,470 shares
Director Nouri Chabi’s direct Class A Common Stock holdings after reported transactions
Key Terms
restricted stock units, time-based vesting, tax withholding, annual meeting of stockholders, +1 more
5 terms
restricted stock units financial
"These restricted stock units ("RSUs") will vest in full on the earlier of..."
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.
time-based vesting financial
"tax withholding and remittance obligations 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.
tax withholding financial
"shares that have been 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.
annual meeting of stockholders financial
"the earlier of (i) the one-year anniversary of the date of grant or (ii) the date of the next annual meeting of stockholders"
one-for-one basis financial
"RSUs are settled in shares of Class A Common Stock on a one-for-one basis."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did Lucid (LCID) director Nouri Chabi receive in this Form 4?
Director Nouri Chabi received a grant of 43,870 restricted stock units (RSUs) tied to Lucid Group Class A Common Stock. These RSUs represent deferred equity that will settle in shares upon vesting, providing stock-based compensation for board service.
When will Nouri Chabi’s 43,870 Lucid (LCID) RSUs reported here vest?
The 43,870 RSUs will vest in full on the earlier of one year from the grant date or the next annual meeting of stockholders. Vesting is conditioned on Chabi’s continued service on Lucid’s board through the applicable vesting date.