Lucid Group (LCID) stake of HRH Prince Alwaleed slips to 4.95% of shares
Rhea-AI Filing Summary
Lucid Group, Inc. reports that HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud has amended his Schedule 13G reporting his ownership in Lucid’s Class A common stock. HRH now beneficially owns 19,513,000 shares of Class A common stock, representing 4.95% of the class.
The ownership percentage was calculated using 394,070,176 Class A shares outstanding as of July 29, 2026, as disclosed in Lucid’s quarterly report for the period ended June 30, 2026. The filing states that HRH’s percentage interest fell below 5% due to an increase in Lucid’s outstanding shares, not a change in his share count. HRH holds sole voting and dispositive power over all 19,513,000 shares.
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Key Figures
Beneficial ownership: 19,513,000 shares
Ownership percentage: 4.95%
Shares outstanding: 394,070,176 shares
+3 more
6 metrics
Beneficial ownership
19,513,000 shares
Class A common stock beneficially owned by HRH Prince Alwaleed
Ownership percentage
4.95%
Percent of Lucid Class A common stock owned by HRH
Shares outstanding
394,070,176 shares
Lucid Class A shares outstanding as of July 29, 2026
Par value
$0.0001 per share
Par value of Lucid Class A common stock
CUSIP
549498202
Identifier for Lucid Class A common stock in the ownership report
Sole voting power
19,513,000 shares
Shares over which HRH has sole voting authority
Key Terms
beneficially owned, sole voting power, sole dispositive power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"The percent of Class A Common Stock beneficially owned by the Reporting Person"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"5 | Sole Voting Power 19,513,000.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"7 | Sole Dispositive Power 19,513,000.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"The percent has decreased below 5% since the date referenced in the previous filed"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
percent of class financial
"(b) | Percent of class: 4.95%* The percent of Class A Common Stock"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
FAQ
What percentage of Lucid Group (LCID) does HRH Prince Alwaleed now own?
HRH Prince Alwaleed beneficially owns 4.95% of Lucid Group’s Class A common stock, based on 394,070,176 shares outstanding as of July 29, 2026, as disclosed in Lucid’s latest quarterly report.
Why did HRH Prince Alwaleed’s Lucid (LCID) ownership fall below 5%?
The filing states the ownership percentage fell below 5% because Lucid’s outstanding Class A shares increased to 394,070,176, reducing HRH’s percentage even though his beneficially owned share count remained 19,513,000.
What type of security in Lucid Group (LCID) is reported in this Schedule 13G/A?
The Schedule 13G/A covers Lucid Group’s Class A Common Stock, with a par value of $0.0001 per share, identified by CUSIP number 549498202 in the ownership disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.