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. completed a private placement in which Ayar Third Investment Company, its majority shareholder and affiliate of the Public Investment Fund, purchased 55,000 shares of Series C Convertible Preferred Stock for an aggregate purchase price of $550,000,000 on April 28, 2026. The preferred shares, issued under a newly filed Certificate of Designations, are convertible into Class A common stock and were sold in a transaction exempt from registration under Section 4(a)(2) of the Securities Act. On the same date, Lucid and Ayar entered into Amendment No. 7 to the Investor Rights Agreement, giving Ayar piggy-back and shelf registration rights for the preferred shares and any common shares issuable upon conversion. The unregistered equity issuance and related amendments also result in modifications to the company’s organizational documents and security holder rights.
Lucid Group, Inc. director Nouri Chabi reported a routine tax-related share disposition. On April 24, 2026, 210 shares of Class A common stock were withheld by Lucid to cover tax withholding and remittance obligations triggered by the time-based vesting of previously reported restricted stock units.
These shares were not sold in the open market but used to satisfy tax liabilities. After this withholding, Chabi beneficially owns 24,156 shares of Lucid Class A common stock, with the share count updated to reflect rounding impacts from a prior reverse stock split.
Lucid Group, Inc. announced the appointment of Silvio Napoli as its next Chief Executive Officer and confirmed an upcoming virtual Annual Meeting of Stockholders to be held on June 4, 2026 at 9:00 a.m. PT. The company emphasized leadership continuity, capital‑efficient partnerships, and a focus on scaling new midsize vehicles to pursue profitability.
The proxy materials set an April 6, 2026 record date and disclose 330,144,675 shares of Class A Common Stock outstanding and 100,000 Series A and 75,000 Series B convertible preferred shares (convertible into 53,132,446 Common Stock on an as‑converted basis), for a total of 383,277,121 votes. The Board recommends votes for director nominees, appointment of KPMG LLP as auditor, advisory executive compensation approval, and amendment of the 2021 Stock Incentive Plan.
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.