AG˹ٷ

STOCK TITAN

[Form 4] Lucid Group, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Insider sale to cover RSU taxes by Lucid CFO Taoufiq Boussaid, who serves as Chief Financial Officer and a director of Lucid Group, Inc. (LCID), reported a transaction dated 09/05/2025. The filing shows 4,499 Class A common shares were disposed under code F at a price of $16.16 per share; the filing explains these shares were withheld by the issuer to satisfy tax withholding related to the settlement of vested time-based RSUs that were previously reported. After the transaction and reflecting Lucid's 1-for-10 reverse stock split effective August 29, 2025, Boussaid beneficially owns 93,146 shares (rounded for the reverse split). The form was signed by an attorney-in-fact on 09/09/2025.

Vendita interna per coprire tasse RSU da parte del CFO di Lucid Taoufiq Boussaid, Chief Financial Officer e membro del consiglio di amministrazione di Lucid Group, Inc. (LCID), ha segnalato un'operazione datata 05/09/2025. La comunicazione indica che sono state cedute 4.499 azioni ordinarie di Classe A con codice F al prezzo di $16,16 per azione; il modulo spiega che queste azioni sono state trattenute dall'emittente per assolvere l'obbligo fiscale connesso alla liquidazione di RSU maturate basate sul tempo, già precedentemente segnalate. Dopo la transazione e tenendo conto del reverse split 1-per-10 di Lucid effettivo dal 29 agosto 2025, Boussaid detiene effettivamente 93.146 azioni (arrotondato per il reverse split). Il modulo è stato firmato da un procuratore il 09/09/2025.

Venta interna para cubrir impuestos de RSU por parte del CFO de Lucid Taoufiq Boussaid, Director Financiero y miembro del consejo de Lucid Group, Inc. (LCID), informó una operación con fecha 05/09/2025. La presentación muestra que se dispusieron 4.499 acciones ordinarias Clase A bajo el código F a un precio de $16,16 por acción; el documento explica que estas acciones fueron retenidas por el emisor para satisfacer la retención impositiva relacionada con el pago de RSU por tiempo ya devengadas y previamente informadas. Tras la transacción y reflejando el split inverso 1 a 10 de Lucid, vigente desde el 29 de agosto de 2025, Boussaid posee de forma beneficiaria 93.146 acciones (redondeadas por el reverse split). El formulario fue firmado por un apoderado el 09/09/2025.

Lucid CFO� RSU 세금 충당� 위한 내부� 매도 Lucid Group, Inc.(LCID)� 최고재무책임자이� 이사� Taoufiq Boussaid가 2025-09-05 � 거래� 보고했습니다. 제출서류� 따르� 코드 F� 4,499� 보통�(클래� A)가 처분되었� 주당 가격은 $16.16였습니�. 서류� 해당 주식� 이미 보고� 기한경과� RSU� 정산� 관련된 세금 원천징수� 충당하기 위해 발행사가 보류� 것이라고 설명합니�. 거래 이후 � 2025� 8� 29일부� 효력 발생� Lucid� 1대10 액면분할 역환�(리버� 스플�)� 반영하면 Boussaid� 실질적으� 93,146�� 보유하고 있습니다(리버� 스플릿에 따라 반올�). 해당 양식은 2025-09-09� 대리인 서명으로 제출되었습니�.

Vente d’initié pour couvrir les impôts sur RSU par le CFO de Lucid Taoufiq Boussaid, directeur financier et administrateur de Lucid Group, Inc. (LCID), a déclaré une transaction datée du 05/09/2025. Le dépôt indique que 4 499 actions ordinaires de catégorie A ont été cédées sous le code F au prix de 16,16 $ par action ; le document précise que ces actions ont été retenues par l’émetteur pour satisfaire la retenue fiscale liée au règlement de RSU acquises selon le calendrier, déjà signalées auparavant. Après la transaction et en tenant compte du reverse split 1 pour 10 de Lucid, effectif le 29 août 2025, Boussaid détient effectivement 93 146 actions (arrondies à la suite du reverse split). Le formulaire a été signé par un mandataire le 09/09/2025.

Insider-Verkauf zur Begleichung von RSU-Steuern durch Lucid-CFO Taoufiq Boussaid, Chief Financial Officer und Director von Lucid Group, Inc. (LCID), meldete eine Transaktion vom 05.09.2025. Die Einreichung zeigt, dass 4.499 Class-A-Stammaktien veräußert wurden (Code F) zum Preis von $16,16 pro Aktie; die Meldung erklärt, dass diese Aktien vom Emittenten einbehalten wurden, um die Steuerabzüge im Zusammenhang mit der Abwicklung bereits berichteter, zeitbasierter vested RSUs zu erfüllen. Nach der Transaktion und unter Berücksichtigung des 1-zu-10 Reverse-Splits von Lucid, wirksam ab dem 29. August 2025, hält Boussaid wirtschaftlich 93.146 Aktien (aufgerundet durch den Reverse Split). Das Formular wurde am 09.09.2025 von einem Bevollmächtigten unterschrieben.

Positive
  • Clear disclosure that the disposition was for tax withholding related to RSU settlement
  • Post-transaction beneficial ownership is disclosed (93,146 shares) and adjusted for the reverse split
  • Filing includes explanation of the effect of the 1-for-10 reverse stock split and rounding
Negative
  • None.

Insights

TL;DR: Routine tax-withholding share disposition from RSU vesting; not an active liquidity sale by the officer.

The Form 4 indicates a disposition coded "F," which the filer explains as shares withheld to satisfy tax obligations upon RSU settlement. This is a common administrative step following equity compensation vesting and does not necessarily indicate voluntary selling pressure from the reporting person. The transaction price of $16.16 simply reflects the withholding execution and is tied to the company's recent 1-for-10 reverse split, which the filing adjusts for rounding. Beneficial ownership after the event remains disclosed at 93,146 shares.

TL;DR: Disclosure is standard and transparent; explains tax withholding and reverse split rounding.

The filing provides clear explanations for the mechanics: withholding of shares from vested RSUs and adjustments for the August 29, 2025 reverse stock split. The signature by an attorney-in-fact is properly included. There are no indications of unexpected insider disposition patterns or governance concerns in this brief filing.

Vendita interna per coprire tasse RSU da parte del CFO di Lucid Taoufiq Boussaid, Chief Financial Officer e membro del consiglio di amministrazione di Lucid Group, Inc. (LCID), ha segnalato un'operazione datata 05/09/2025. La comunicazione indica che sono state cedute 4.499 azioni ordinarie di Classe A con codice F al prezzo di $16,16 per azione; il modulo spiega che queste azioni sono state trattenute dall'emittente per assolvere l'obbligo fiscale connesso alla liquidazione di RSU maturate basate sul tempo, già precedentemente segnalate. Dopo la transazione e tenendo conto del reverse split 1-per-10 di Lucid effettivo dal 29 agosto 2025, Boussaid detiene effettivamente 93.146 azioni (arrotondato per il reverse split). Il modulo è stato firmato da un procuratore il 09/09/2025.

Venta interna para cubrir impuestos de RSU por parte del CFO de Lucid Taoufiq Boussaid, Director Financiero y miembro del consejo de Lucid Group, Inc. (LCID), informó una operación con fecha 05/09/2025. La presentación muestra que se dispusieron 4.499 acciones ordinarias Clase A bajo el código F a un precio de $16,16 por acción; el documento explica que estas acciones fueron retenidas por el emisor para satisfacer la retención impositiva relacionada con el pago de RSU por tiempo ya devengadas y previamente informadas. Tras la transacción y reflejando el split inverso 1 a 10 de Lucid, vigente desde el 29 de agosto de 2025, Boussaid posee de forma beneficiaria 93.146 acciones (redondeadas por el reverse split). El formulario fue firmado por un apoderado el 09/09/2025.

Lucid CFO� RSU 세금 충당� 위한 내부� 매도 Lucid Group, Inc.(LCID)� 최고재무책임자이� 이사� Taoufiq Boussaid가 2025-09-05 � 거래� 보고했습니다. 제출서류� 따르� 코드 F� 4,499� 보통�(클래� A)가 처분되었� 주당 가격은 $16.16였습니�. 서류� 해당 주식� 이미 보고� 기한경과� RSU� 정산� 관련된 세금 원천징수� 충당하기 위해 발행사가 보류� 것이라고 설명합니�. 거래 이후 � 2025� 8� 29일부� 효력 발생� Lucid� 1대10 액면분할 역환�(리버� 스플�)� 반영하면 Boussaid� 실질적으� 93,146�� 보유하고 있습니다(리버� 스플릿에 따라 반올�). 해당 양식은 2025-09-09� 대리인 서명으로 제출되었습니�.

Vente d’initié pour couvrir les impôts sur RSU par le CFO de Lucid Taoufiq Boussaid, directeur financier et administrateur de Lucid Group, Inc. (LCID), a déclaré une transaction datée du 05/09/2025. Le dépôt indique que 4 499 actions ordinaires de catégorie A ont été cédées sous le code F au prix de 16,16 $ par action ; le document précise que ces actions ont été retenues par l’émetteur pour satisfaire la retenue fiscale liée au règlement de RSU acquises selon le calendrier, déjà signalées auparavant. Après la transaction et en tenant compte du reverse split 1 pour 10 de Lucid, effectif le 29 août 2025, Boussaid détient effectivement 93 146 actions (arrondies à la suite du reverse split). Le formulaire a été signé par un mandataire le 09/09/2025.

Insider-Verkauf zur Begleichung von RSU-Steuern durch Lucid-CFO Taoufiq Boussaid, Chief Financial Officer und Director von Lucid Group, Inc. (LCID), meldete eine Transaktion vom 05.09.2025. Die Einreichung zeigt, dass 4.499 Class-A-Stammaktien veräußert wurden (Code F) zum Preis von $16,16 pro Aktie; die Meldung erklärt, dass diese Aktien vom Emittenten einbehalten wurden, um die Steuerabzüge im Zusammenhang mit der Abwicklung bereits berichteter, zeitbasierter vested RSUs zu erfüllen. Nach der Transaktion und unter Berücksichtigung des 1-zu-10 Reverse-Splits von Lucid, wirksam ab dem 29. August 2025, hält Boussaid wirtschaftlich 93.146 Aktien (aufgerundet durch den Reverse Split). Das Formular wurde am 09.09.2025 von einem Bevollmächtigten unterschrieben.

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*
Boussaid Taoufiq

(Last) (First) (Middle)
C/O LUCID GROUP, INC.
7373 GATEWAY BOULEVARD

(Street)
NEWARK CA 94560

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Lucid Group, Inc. [ LCID ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/05/2025
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
Class A Common Stock 09/05/2025 F 4,499(1)(2) D $16.16(2) 93,146(2)(3) 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 shares withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the settlement of the vesting of time-based restricted stock units ("RSUs"). The acquisition of such RSUs was previously reported on a Form 4 filed by the reporting person.
2. Share and dollar amounts give effect to the Issuer's 1-for-10 reverse stock split that was effectuated on August 29, 2025 (the "Reverse Stock Split").
3. 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.
Remarks:
/s/ Bruce Wang, as attorney-in-fact for Taoufiq Boussaid 09/09/2025
** 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 did Lucid (LCID) reporting person Taoufiq Boussaid do on 09/05/2025?

The filing reports that on 09/05/2025 Taoufiq Boussaid had 4,499 Class A shares disposed via withholding at $16.16 per share to satisfy tax withholding from RSU vesting.

Why were shares disposed under code F in the Form 4 for LCID?

The Form 4 states the shares were withheld by the issuer to satisfy tax withholding and remittance obligations in connection with the settlement of vested time-based RSUs.

How many Lucid shares does Taoufiq Boussaid beneficially own after the transaction?

Following the reported transaction and adjustments for the 1-for-10 reverse stock split, the filing shows he beneficially owns 93,146 shares.

Did the Form 4 reflect the recent reverse stock split?

Yes. The filing explains share and dollar amounts reflect the 1-for-10 reverse stock split effectuated on August 29, 2025, and that rounding was applied.

Who signed the Form 4 for Taoufiq Boussaid and when?

The Form 4 was signed by Bruce Wang as attorney-in-fact for Taoufiq Boussaid on 09/09/2025.
Lucid Group Inc

NASDAQ:LCID

LCID Rankings

LCID Latest News

LCID Latest SEC Filings

LCID Stock Data

5.67B
302.53M
1.5%
74.52%
12.01%
Auto Manufacturers
Motor Vehicles & Passenger Car Bodies
United States
NEWARK