Lambert Lisa Marie 4

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.