Lucid Diagnostics (LUCD) awards 300,000 restricted shares to General Counsel

Rhea-AI Filing Summary

Gordon Michael Adam reported acquisition or exercise transactions in this Form 4 filing.

Lucid Diagnostics Inc. reported that its General Counsel and Secretary, Gordon Michael Adam, received a grant of 300,000 shares of common stock on February 20, 2026. The award is structured as restricted stock that vests in full on May 20, 2029 and is subject to forfeiture if the required service period is not completed. Following this grant, Adam directly holds 1,000,000 shares of Lucid Diagnostics common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gordon Michael Adam

Role General Counsel and Secretary

Type	Security	Shares	Price	Value
Grant/Award	Common stock	300,000	$0.00	--

Holdings After Transaction: Common stock — 1,000,000 shares (Direct)

Footnotes (1)

1. [object Object]

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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

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^*

Gordon Michael Adam

(Last) (First) (Middle)

360 MADISON AVENUE, 25TH FLOOR

(Street)

NEW YORK NY 10017

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Lucid Diagnostics Inc. [ LUCD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel and Secretary

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common stock	02/20/2026		A		300,000(1)	A	$0	1,000,000	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock granted to the reporting person under the Issuer's 2018 Equity Plan with a single vesting date of May 20, 2029. Such restricted stock is subject to forfeiture if the requisite service period is not completed.

	/s/ Michael A. Gordon	02/24/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Lucid Diagnostics (LUCD) disclose for Gordon Michael Adam?

Lucid Diagnostics disclosed that General Counsel and Secretary Gordon Michael Adam received a grant of 300,000 shares of restricted common stock, awarded on February 20, 2026, under the company’s 2018 Equity Plan as part of his compensation.

Is the Lucid Diagnostics (LUCD) Form 4 transaction a stock purchase or an equity grant?

The Form 4 transaction is an equity grant, not an open-market purchase. Adam acquired 300,000 shares of restricted common stock at no purchase price, reflecting a compensation award rather than a cash investment in Lucid Diagnostics shares.

When do Gordon Michael Adam’s Lucid Diagnostics (LUCD) restricted shares vest?

The 300,000 restricted shares granted to Gordon Michael Adam vest on May 20, 2029. The footnote explains they have a single vesting date and are subject to forfeiture if he does not complete the required service period.

How many Lucid Diagnostics (LUCD) shares does Gordon Michael Adam own after this grant?

After the grant, Gordon Michael Adam directly owns 1,000,000 shares of Lucid Diagnostics common stock. This total includes the newly awarded 300,000 restricted shares reported in the Form 4 insider transaction filing.

What conditions apply to the Lucid Diagnostics (LUCD) restricted stock granted to Gordon Michael Adam?

The restricted stock is subject to a service-based vesting condition. All 300,000 shares vest on May 20, 2029, but they can be forfeited if Adam does not satisfy the requisite service period specified in Lucid Diagnostics’ 2018 Equity Plan.