Lucid Group, Inc.·4

Jun 8, 4:22 PM ET

Lambert Lisa Marie 4

4 · Lucid Group, Inc. · Filed Jun 8, 2026

Research Summary

AI-generated summary of this filing

Updated

Lucid (LCID) Director Lisa Marie Lambert Receives RSU Award

What Happened Lisa Marie Lambert, a director of Lucid Group, Inc. (LCID), received two restricted stock unit (RSU) awards on 2026-06-04 totaling 46,794 RSUs (43,870 and 2,924). The RSUs were granted at $0.00 (no cash paid) and are settled one-for-one into Class A common shares when issued. This transaction is an award/grant (code A), not a purchase or sale.

Key Details

  • Transaction date: 2026-06-04; Form filed: 2026-06-08 (filed within the required reporting window).
  • Grants: 43,870 RSUs and 2,924 RSUs; total = 46,794 RSUs; grant price reported as $0.00.
  • Settlement: RSUs settle in shares on a one-for-one basis (footnote F2).
  • Vesting: Majority (43,870 RSUs) vest on the earlier of the one-year anniversary or the next annual meeting, subject to continued board service (footnote F1). The 2,924 RSUs vest in full at grant for past service (footnote F3).
  • Deferral: The larger award is subject to a deferral election; shares will not be issued until any designated deferred settlement date (footnote F1).
  • Shares owned after transaction: Not specified in the filing.

Context

  • This was a compensatory award to a director rather than an open-market purchase or sale; such grants are common for board compensation and do not by themselves signal buying/selling intent.
  • No cash changed hands (award at $0.00); if deferred, actual share issuance may occur later per the director’s deferral election.

Insider Transaction Report

Form 4
Period: 2026-06-04
Transactions
  • Award

    Class A Common Stock

    [F1][F2]
    2026-06-04+43,87068,995 total
  • Award

    Class A Common Stock

    [F3][F2]
    2026-06-04+2,92471,919 total
Footnotes (3)
  • [F1]These restricted stock units ("RSUs") will vest in full on the earlier of (i) the one-year anniversary of the date of grant or (ii) the date of the next annual meeting of stockholders held after the date of grant, in each case, subject to the reporting person's continued service on the board of directors through the applicable vesting date. The RSUs are also subject to a deferral election by the reporting person and shares will not be issued until the designated deferred settlement date.
  • [F2]RSUs are settled in shares of Class A Common Stock on a one-for-one basis.
  • [F3]These RSUs vest in full on the date of the grant in connection with past service.
Signature
/s/ Bruce Wang, as attorney-in-fact for Lisa Marie Lambert|2026-06-08

Documents

4 files
  • 4
    wk-form4_1780950146.xmlPrimary

    FORM 4

  • EX-24
  • GRAPHIC
    section16poalambert001.jpg
  • GRAPHIC
    section16poalambert002.jpg