Dhingra Gagan 4

What Happened Gagan Dhingra, SVP Finance & Accounting (also listed as the issuer's Principal Accounting Officer), had 6,801 shares of Lucid Group, Inc. (LCID) withheld/disposed to satisfy tax withholding obligations related to the settlement of performance-based stock units (PSUs) and the vesting of time‑based restricted stock units (RSUs). The shares were treated as a disposition at $5.68 per share for a total value of $38,630. This was an administrative tax-withholding action (transaction code F), not an open‑market sale driven by the insider.

Key Details

• Transaction date: 2026-06-05; Form filed: 2026-06-09 (timely within required reporting window).
• Disposition: 6,801 shares withheld/disposed at $5.68 each; total value reported $38,630.
• Shares owned after transaction: not specified in the information provided.
• Footnotes: F1 — shares were withheld by the issuer to satisfy tax withholding on settled PSUs and vested RSUs (these awards’ acquisition was previously reported). F2 — filing also notes 427 shares purchased under Lucid’s 2021 Employee Stock Purchase Plan that were not previously reported.
• Filing timeliness: filed within the standard Form 4 reporting window (appears timely).

Context Withholding shares to cover taxes upon vesting is routine and is recorded as a disposition on Form 4, but it generally reflects tax administration rather than a personal decision to sell stock for liquidity. The filing does not, by itself, indicate a change in the insider’s view of the company.