Nouri Chabi 4
4 · Lucid Group, Inc. · Filed Apr 28, 2026
Research Summary
AI-generated summary of this filing
Lucid (LCID) Director Nouri Chabi Withholds 210 Shares for Taxes
What Happened Nouri Chabi, a director of Lucid Group, had 210 shares withheld by the company on April 24, 2026 to satisfy tax withholding obligations tied to time‑based restricted stock units (RSUs). The withholding was executed at $6.27 per share for a total value of approximately $1,317. This is a tax‑withholding disposition (transaction code F), not an open‑market sale or purchase.
Key Details
- Transaction date: 2026-04-24; Form 4 filed: 2026-04-28 (reporting period 04/24/2026).
- Shares affected: 210 shares withheld; price used: $6.27 per share; total value ≈ $1,317.
- Transaction code: F — shares withheld to cover tax withholding for vested RSUs (see footnote F1).
- Footnote F1: Shares withheld by the issuer to satisfy tax withholding/remittance obligations related to previously reported RSU vesting.
- Footnote F2: Beneficial ownership totals were adjusted for rounding after a reverse stock split (no specific post-transaction share total provided in this filing).
- Filing timeliness: No late‑filing flag indicated on the Form 4.
Context Withholding shares to cover taxes on vested RSUs is a routine administrative action and does not by itself indicate the insider’s view on the company’s stock. This was not an exercised-and-sold transaction or an open‑market trade; the company retained the shares to remit taxes.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1][F2]2026-04-24$6.27/sh−210$1,317→ 24,156 total
Footnotes (2)
- [F1]Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the time-based vesting of restricted stock units previously reported on Forms 4 filed by the reporting person.
- [F2]The number of shares beneficially owned by the reporting person has been updated to account for rounding as a result of the Reverse Stock Split.