Lucid Group (LCID) grants director 43,870 RSUs as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lucid Group, Inc. director Ori Winitzer reported an equity compensation grant. He acquired 43,870 restricted stock units (RSUs) tied to Class A Common Stock at no cash cost, bringing his direct holdings to 68,263 shares after the award.
The RSUs vest in full on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders, subject to his continued service on the board through that vesting date. Each RSU will be settled in one share of Class A Common Stock, and settlement can be deferred under a deferral election made by Winitzer.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Winitzer Ori
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 43,870 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 68,263 shares (Direct, null)
Footnotes (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 units
Price per RSU: $0.00 per unit
Shares after transaction: 68,263 shares
+2 more
5 metrics
RSUs granted
43,870 units
Equity award to director Ori Winitzer on June 4, 2026
Price per RSU
$0.00 per unit
Reported grant price for restricted stock units
Shares after transaction
68,263 shares
Total Class A Common Stock held directly after award
Vesting schedule
Earlier of 1 year or next annual meeting
RSUs vest in full if board service continues to vesting date
Settlement ratio
1 share per RSU
RSUs settled in Class A Common Stock on a one-for-one basis
Key Terms
restricted stock units ("RSUs"), deferral election, annual meeting of stockholders, Class A Common Stock
4 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..."
annual meeting of stockholders financial
"the date of the next annual meeting of stockholders held after the date of grant..."
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.
FAQ
What insider transaction did Lucid Group (LCID) director Ori Winitzer report?
Ori Winitzer reported receiving 43,870 restricted stock units as an equity award. These RSUs represent a grant of future Lucid Class A shares as compensation, not an open-market purchase or sale, and increase his direct holdings to 68,263 shares after the award.
What are the vesting terms of Ori Winitzer’s 43,870 Lucid RSUs?
The 43,870 restricted stock units 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 Winitzer’s continued service on Lucid’s board of directors through the applicable vesting date.
How are Lucid Group (LCID) RSUs for Ori Winitzer settled?
Each restricted stock unit is settled in one share of Lucid Class A Common Stock. The RSUs are subject to a deferral election, meaning actual share delivery can be delayed until a designated deferred settlement date chosen under the company’s rules.
Did Ori Winitzer pay cash for the 43,870 Lucid RSUs reported on Form 4?
No, the 43,870 restricted stock units were granted at a reported price of $0.00 per unit. This indicates a compensation award rather than a cash purchase, consistent with typical director equity grants at publicly traded companies like Lucid Group.
Is Ori Winitzer’s Lucid RSU grant a market buy or sell of LCID stock?
The transaction is a grant of 43,870 restricted stock units, not a market trade. It reflects equity compensation awarded to a director, with shares to be issued upon vesting and, if elected, at a later deferred settlement date rather than an immediate open-market transaction.