Welcome to our dedicated page for Lucid Group SEC filings (Ticker: LCID), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Lucid Group, Inc. filings document the regulatory record for an electric vehicle manufacturer with Class A common stock listed on Nasdaq under LCID. Its Form 8-K reports cover quarterly results, production and delivery totals, Regulation FD investor presentations, leadership and board matters, material agreements, and financing transactions.
Lucid’s filings also disclose capital-structure items such as common stock offerings, convertible preferred stock, delayed-draw term loan capacity, and strategic investments associated with PIF-affiliated Ayar Third Investment Company and Uber. Proxy materials describe shareholder voting matters, board governance, executive compensation, and equity-award disclosures.
Lucid Group, Inc. is asking stockholders to vote at its virtual 2026 Annual Meeting on June 4, 2026. Investors will elect nine directors, ratify KPMG LLP as auditor for 2026, cast an advisory vote on executive pay, and approve amendments to the 2021 Stock Incentive Plan.
Holders of 330,144,675 shares of Common Stock and Convertible Preferred Stock convertible into 53,132,446 Common shares are entitled to an aggregate 383,277,121 votes as of April 6, 2026. The company describes board structure, committee responsibilities, director nominees, voting mechanics, and stockholder proposal deadlines for the 2027 meeting.
Uber Technologies, Inc. reports beneficial ownership of 37,753,583 shares of Lucid Group, Inc. Class A common stock, representing 11.52% of the Class A shares. These shares are held through SMB Holding, an indirect, wholly owned subsidiary of Uber.
The ownership percentage was calculated based on 327,684,243 Class A shares issued as of February 18, 2026. The statement is signed by Balaji Krishnamurthy, Chief Financial Officer, dated April 20, 2026. CUSIP for the Class A shares is 549498202.
Uber Technologies, Inc. filed an initial ownership report showing a significant stake in Lucid Group, Inc. The filing lists beneficial ownership of 37,753,583 shares of Lucid Class A common stock. These shares are recorded in the name of SMB Holding Corporation, a wholly owned Uber subsidiary, indicating Uber’s position as a large, over ten-percent owner rather than reporting a new purchase or sale.
Lucid Group, Inc. director Silvio Napoli received new equity awards. He was granted employee stock options covering 1,000,000 shares of Class A common stock at an exercise price of $8.21 per share, expiring on April 15, 2036. He was also granted 402,073 restricted stock units that vest over four years, starting on June 5, 2027. Following these grants, he directly holds 402,073 shares of Class A common stock subject to time-based vesting.
The stock options are performance-based and split into five tranches. Each tranche vests only after both its scheduled time-based vesting date between April 15, 2028 and April 15, 2030 and certification that Lucid has achieved a specified market capitalization hurdle ranging from $5.0 billion to $17.5 billion, assuming Napoli remains employed through each vesting date.
Lucid Group, Inc. reported that Silvio Napoli is a director of the company in a Form 3 initial beneficial ownership filing. The filing shows no reported transactions or holdings, serving primarily as a baseline disclosure of his insider status with the company.
Lucid Group, Inc. entered an underwriting agreement with BofA Securities for an underwritten public offering of Class A common stock, providing aggregate net proceeds of approximately $291.5 million to Lucid.
Including a $200 million additional investment from Uber and a $550 million convertible preferred stock investment from Ayar Third Investment, the combined capital raise is expected to total approximately $1.05 billion, supporting Lucid’s strategic partnership with Uber and the Public Investment Fund and Uber’s commitment to at least 35,000 Lucid vehicles for its future global robotaxi service.
Lucid Group, Inc. is offering 36,057,692 shares of Class A common stock in a registered offering. The underwriter will purchase the shares at $8.112 per share, producing approximately $291.5 million of net proceeds to the company. Delivery is expected on or about April 15, 2026.
The prospectus supplement states there will be 363,423,754 shares outstanding after the offering. The company intends to use proceeds for general corporate purposes, including capital expenditures and working capital. The supplement also discloses related financing activity: a $550.0 million private placement of Series C preferred to Ayar (affiliate of PIF), a $200.0 million Uber common-stock private placement, and a $500.0 million draw under the DDTL Credit Facility; these items are subject to customary closing conditions.
Lucid Group, Inc. filed a shelf Form S-3 registration to offer shares of its common stock from time to time on a continuous or delayed basis. The prospectus states offerings will be made by prospectus supplements that set specific amounts and prices.
The registration emphasizes use of proceeds for general corporate purposes, notes Lucid is a "controlled company" (PIF/Ayar held over 50% voting power as of March 31, 2026), and references financing instruments including Redeemable Convertible Preferred Stock and Convertible Senior Notes. The prospectus incorporates recent SEC reports and identifies legal and tax disclaimers and principal risks.
Lucid Group, Inc. entered into two private placements and expanded its partnership with Uber. Ayar Third Investment Company agreed to invest $550 million in new Series C Convertible Preferred Stock, while Uber’s SMB Holding Corporation committed $200 million for Lucid Class A common stock.
Lucid and Uber also signed a Second Vehicle Production Agreement under which Uber and its fleet partners will purchase at least 25,000 Lucid Midsize Plus robotaxi vehicles, bringing Uber’s total Lucid purchase commitment to 35,000 vehicles. The preferred stock carries a 9% compounded dividend, senior to common stock, and includes detailed conversion, voting and redemption features.
Lucid amended its delayed draw term loan facility with Ayar, increasing outstanding and undrawn commitments to about $2.5 billion and removing a minimum liquidity covenant. Preliminary Q1 2026 results show revenue between $280–284 million, an operating loss of about $(1.0) billion, total liquidity of roughly $3.16 billion, production of 5,500 vehicles and deliveries of 3,093, with full-year production guidance of 25,000–27,000 vehicles reaffirmed.
Lucid Group, Inc. is appointing industrial executive Silvio Napoli as its next Chief Executive Officer, with his employment beginning April 15, 2026 as Executive Director based in Switzerland and board member, followed by CEO appointment once U.S. work authorization is obtained. Interim CEO Marc Winterhoff will return to his prior role as Chief Operating Officer.
Napoli will receive a $1,500,000 base salary, a target annual bonus equal to 200% of salary starting with 2026, and a 2026 long-term incentive grant targeting $9,500,000 split between restricted stock units and performance-based RSUs. He is also granted performance-based stock options over up to 1,000,000 shares tied to market capitalization hurdles between $5.0 billion and $17.5 billion. Winterhoff’s COO compensation includes a $1,000,000 base salary, enhanced bonus targets, a $5,400,000 long-term incentive target, and up to $5,000,000 in cash-based recognition and performance bonuses.