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Lucid Group (LCID) director awarded 2,924 RSUs in stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Wong Janet S. reported acquisition or exercise transactions in this Form 4 filing.

Lucid Group, Inc. director Janet S. Wong received an award of 2,924 restricted stock units (RSUs) of Class A Common Stock. The RSUs vested in full on the grant date in connection with past service and are settled one-for-one in shares. Following this compensation grant, she holds 29,615 shares of Class A Common Stock directly.

Positive

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Negative

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Insider Wong Janet S.
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 2,924 $0.00 --
Holdings After Transaction: Class A Common Stock — 29,615 shares (Direct, null)
Footnotes (1)
  1. These RSUs vest in full on the date of the grant in connection with past service. RSUs are settled in shares of Class A Common Stock on a one-for-one basis.
RSUs granted 2,924 units Restricted stock units awarded to director Janet S. Wong
Grant price per share $0.0000 per share Reported transaction price for RSU award
Shares held after grant 29,615 shares Class A Common Stock directly held following the transaction
RSUs financial
"These RSUs vest in full on the date of the grant in connection with past service."
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.
restricted stock units financial
"These RSUs vest in full on the date of the grant in connection with past service."
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.
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.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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
X
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*
Wong Janet S.
(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/04/2026A2,924(1)A$0(2)29,615D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These RSUs vest in full on the date of the grant in connection with past service.
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 Janet S. Wong06/08/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Lucid Group (LCID) report for Janet S. Wong?

Lucid Group reported that director Janet S. Wong received 2,924 restricted stock units as a stock award. These RSUs vested immediately on the grant date and are settled in Class A Common Stock on a one-for-one basis as compensation for past service.

How many Lucid Group (LCID) shares does Janet S. Wong hold after this grant?

After the grant, Janet S. Wong directly holds 29,615 shares of Lucid Group Class A Common Stock. This total reflects the addition of 2,924 RSUs that vested in full and are settled in shares, as disclosed in the insider transaction filing.

Was Janet S. Wong’s Lucid (LCID) stock award an open-market purchase or sale?

The transaction was not an open-market trade. It was a grant of 2,924 restricted stock units that vested immediately as compensation for past service, with no purchase price paid per share and settlement in Class A Common Stock on a one-for-one basis.

What are the terms of Janet S. Wong’s RSUs reported by Lucid Group (LCID)?

The RSUs granted to Janet S. Wong vest in full on the grant date in connection with past service. They are settled in shares of Lucid Group Class A Common Stock on a one-for-one basis, with a reported transaction price per share of $0.0000 for the award.

Does Janet S. Wong’s Lucid (LCID) Form 4 show any stock sales?

The Form 4 does not report any stock sales. It shows a single acquisition transaction coded as a grant or award, where 2,924 restricted stock units were granted and vested, increasing her direct holdings of Lucid Group Class A Common Stock to 29,615 shares.