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

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

Marc Winterhoff, Interim CEO of Lucid Group, Inc. (LCID), reported a Section 16 transaction dated 09/05/2025. The filing shows 19,575 shares of Class A common stock were disposed at a price of $16.16. The filing explains these shares were withheld by the issuer to satisfy tax withholding obligations in connection with the settlement of performance-based restricted stock units and the vesting of time-based restricted stock units that were previously reported. Following the transaction and reflecting a 1-for-10 reverse stock split effectuated on August 29, 2025, Winterhoff beneficially owns 325,480 shares. The Form 4 was signed by an attorney-in-fact on 09/09/2025.

Marc Winterhoff, CEO ad interim di Lucid Group, Inc. (LCID), ha segnalato una transazione ai sensi della Sezione 16 datata 05/09/2025. La comunicazione indica che sono state cedute 19.575 azioni di azioni ordinarie di Classe A al prezzo di $16,16. Il documento specifica che queste azioni sono state trattenute dall'emittente per adempiere agli obblighi di ritenuta fiscale in relazione alla liquidazione di unità azionarie ristrette basate sulle prestazioni e alla maturazione di unità azionarie ristrette basate sul tempo, già precedentemente segnalate. Dopo la transazione e tenendo conto di uno split inverso 1-per-10 effettuato il 29 agosto 2025, Winterhoff possiede beneficiariamente 325.480 azioni. Il Modulo 4 è stato firmato da un procuratore il 09/09/2025.

Marc Winterhoff, CEO interino de Lucid Group, Inc. (LCID), informó una transacción bajo la Sección 16 con fecha 05/09/2025. El informe muestra que se dispusieron 19.575 acciones ordinarias Clase A a un precio de $16,16. El documento explica que estas acciones fueron retenidas por el emisor para satisfacer obligaciones de retención fiscal en relación con la liquidación de unidades restringidas de acciones basadas en desempeño y la consolidación de unidades restringidas de acciones basadas en tiempo que ya se habían reportado. Tras la transacción y reflejando un reverse split de 1 por 10 efectuado el 29 de agosto de 2025, Winterhoff posee beneficiariamente 325.480 acciones. El Formulario 4 fue firmado por un apoderado el 09/09/2025.

Marc Winterhoff, Lucid Group, Inc. (LCID) 임시 CEOëŠ� 2025ë…� 9ì›� 5ì¼ìž 섹션 16 거래ë¥� 보고했습니다. ì‹ ê³ ì„œì— ë”°ë¥´ë©� í´ëž˜ìŠ� A 보통ì£� 19,575주가 처분ë˜ì—ˆìœ¼ë©° ê°€ê²©ì€ $16.16입니ë‹�. 신고서는 해당 주ì‹ë“¤ì´ 성과 기반 제한ì£� 단위ì� ì •ì‚° ë°� ì´ì „ì—� ë³´ê³ ë� 시간 기반 제한ì£� 단위ì� ì·¨ë“ê³� 관련한 세금 ì›ì²œì§•수 ì˜ë¬´ë¥� ì´í–‰í•˜ê¸° 위해 발행ì¸ì´ 보유(ì›ì²œì§•수)í•� ê²�ì´ë¼ê³� 설명합니ë‹�. 거래 í›� ë°� 2025ë…� 8ì›� 29ì� 시행ë� 1대10 액면병합(reverse stock split)ì� ë°˜ì˜í•˜ë©´ WinterhoffëŠ� 325,480주를 실질ì ìœ¼ë¡� 보유하게 ë©ë‹ˆë‹�. Form 4ëŠ� 2025ë…� 9ì›� 9ì� 대리ì¸ì—� ì˜í•´ 서명ë˜ì—ˆìŠµë‹ˆë‹�.

Marc Winterhoff, directeur général par intérim de Lucid Group, Inc. (LCID), a déclaré une opération au titre de la Section 16 datée du 05/09/2025. Le dépôt indique que 19 575 actions ordinaires de catégorie A ont été cédées au prix de 16,16 $. Le document précise que ces actions ont été retenues par l'émetteur pour satisfaire des obligations de retenue d'impôt en lien avec le règlement d'unités d'actions restreintes basées sur la performance et l'acquisition d'unités d'actions restreintes basées sur le temps, déjà signalées auparavant. À la suite de la transaction et en tenant compte d'une opération de regroupement d'actions (reverse split) 1 pour 10 effectuée le 29 août 2025, Winterhoff détient effectivement 325 480 actions. Le formulaire 4 a été signé par un mandataire le 09/09/2025.

Marc Winterhoff, Interim-CEO von Lucid Group, Inc. (LCID), meldete eine Transaktion nach Section 16 datiert auf den 05.09.2025. Die Einreichung zeigt, dass 19.575 Aktien der Klasse A-Stammaktien veräußert wurden zu einem Preis von $16,16. In der Meldung wird erklärt, dass diese Aktien vom Emittenten einbehalten wurden, um Steuerabzugsverpflichtungen zu erfüllen im Zusammenhang mit der Abwicklung leistungsbasierter Restricted Stock Units und der Vesting-Fälligkeit zeitbasierter Restricted Stock Units, die zuvor berichtet wurden. Nach der Transaktion und unter Berücksichtigung eines am 29. August 2025 wirksam gewordenen 1:10 Reverse Stock Splits besitzt Winterhoff wirtschaftlich 325.480 Aktien. Das Formular 4 wurde am 09.09.2025 von einem Bevollmächtigten unterzeichnet.

Positive
  • Transaction clearly disclosed with explanation that shares were withheld to satisfy tax obligations
  • Beneficial ownership updated after the 1-for-10 reverse stock split showing 325,480 shares
  • Filing signed by attorney-in-fact indicating formal execution and compliance with reporting requirements
Negative
  • Shares were disposed (19,575) to cover taxes, reducing the reporting person’s immediate share count
  • Reverse stock split required rounding adjustments to reported beneficial ownership, which can complicate direct comparisons to prior filings

Insights

TL;DR: Transaction is a tax-withholding disposition tied to executive equity vesting; not an open-market sale.

The Form 4 records a disposition of 19,575 shares at $16.16 explained as issuer withholding to cover taxes on vested PSUs and RSUs. This is a routine administrative disposition that does not indicate voluntary monetization of shares by the executive. Beneficial ownership after the reverse split is 325,480 shares, which provides a clear post-split ownership level but no change in economic stake beyond the vesting event. Impact on LCID float and immediate market liquidity is likely negligible.

TL;DR: The filing documents standard executive compensation settlement and compliance with withholding obligations.

The explanation clarifies the disposition was for tax withholding related to previously reported PSUs and RSUs, consistent with common executive compensation mechanics. The filing properly notes the effect of a recent 1-for-10 reverse stock split and rounding adjustments to beneficial ownership. There are no departures, option exercises, or new grants disclosed in this Form 4 that would raise governance concerns.

Marc Winterhoff, CEO ad interim di Lucid Group, Inc. (LCID), ha segnalato una transazione ai sensi della Sezione 16 datata 05/09/2025. La comunicazione indica che sono state cedute 19.575 azioni di azioni ordinarie di Classe A al prezzo di $16,16. Il documento specifica che queste azioni sono state trattenute dall'emittente per adempiere agli obblighi di ritenuta fiscale in relazione alla liquidazione di unità azionarie ristrette basate sulle prestazioni e alla maturazione di unità azionarie ristrette basate sul tempo, già precedentemente segnalate. Dopo la transazione e tenendo conto di uno split inverso 1-per-10 effettuato il 29 agosto 2025, Winterhoff possiede beneficiariamente 325.480 azioni. Il Modulo 4 è stato firmato da un procuratore il 09/09/2025.

Marc Winterhoff, CEO interino de Lucid Group, Inc. (LCID), informó una transacción bajo la Sección 16 con fecha 05/09/2025. El informe muestra que se dispusieron 19.575 acciones ordinarias Clase A a un precio de $16,16. El documento explica que estas acciones fueron retenidas por el emisor para satisfacer obligaciones de retención fiscal en relación con la liquidación de unidades restringidas de acciones basadas en desempeño y la consolidación de unidades restringidas de acciones basadas en tiempo que ya se habían reportado. Tras la transacción y reflejando un reverse split de 1 por 10 efectuado el 29 de agosto de 2025, Winterhoff posee beneficiariamente 325.480 acciones. El Formulario 4 fue firmado por un apoderado el 09/09/2025.

Marc Winterhoff, Lucid Group, Inc. (LCID) 임시 CEOëŠ� 2025ë…� 9ì›� 5ì¼ìž 섹션 16 거래ë¥� 보고했습니다. ì‹ ê³ ì„œì— ë”°ë¥´ë©� í´ëž˜ìŠ� A 보통ì£� 19,575주가 처분ë˜ì—ˆìœ¼ë©° ê°€ê²©ì€ $16.16입니ë‹�. 신고서는 해당 주ì‹ë“¤ì´ 성과 기반 제한ì£� 단위ì� ì •ì‚° ë°� ì´ì „ì—� ë³´ê³ ë� 시간 기반 제한ì£� 단위ì� ì·¨ë“ê³� 관련한 세금 ì›ì²œì§•수 ì˜ë¬´ë¥� ì´í–‰í•˜ê¸° 위해 발행ì¸ì´ 보유(ì›ì²œì§•수)í•� ê²�ì´ë¼ê³� 설명합니ë‹�. 거래 í›� ë°� 2025ë…� 8ì›� 29ì� 시행ë� 1대10 액면병합(reverse stock split)ì� ë°˜ì˜í•˜ë©´ WinterhoffëŠ� 325,480주를 실질ì ìœ¼ë¡� 보유하게 ë©ë‹ˆë‹�. Form 4ëŠ� 2025ë…� 9ì›� 9ì� 대리ì¸ì—� ì˜í•´ 서명ë˜ì—ˆìŠµë‹ˆë‹�.

Marc Winterhoff, directeur général par intérim de Lucid Group, Inc. (LCID), a déclaré une opération au titre de la Section 16 datée du 05/09/2025. Le dépôt indique que 19 575 actions ordinaires de catégorie A ont été cédées au prix de 16,16 $. Le document précise que ces actions ont été retenues par l'émetteur pour satisfaire des obligations de retenue d'impôt en lien avec le règlement d'unités d'actions restreintes basées sur la performance et l'acquisition d'unités d'actions restreintes basées sur le temps, déjà signalées auparavant. À la suite de la transaction et en tenant compte d'une opération de regroupement d'actions (reverse split) 1 pour 10 effectuée le 29 août 2025, Winterhoff détient effectivement 325 480 actions. Le formulaire 4 a été signé par un mandataire le 09/09/2025.

Marc Winterhoff, Interim-CEO von Lucid Group, Inc. (LCID), meldete eine Transaktion nach Section 16 datiert auf den 05.09.2025. Die Einreichung zeigt, dass 19.575 Aktien der Klasse A-Stammaktien veräußert wurden zu einem Preis von $16,16. In der Meldung wird erklärt, dass diese Aktien vom Emittenten einbehalten wurden, um Steuerabzugsverpflichtungen zu erfüllen im Zusammenhang mit der Abwicklung leistungsbasierter Restricted Stock Units und der Vesting-Fälligkeit zeitbasierter Restricted Stock Units, die zuvor berichtet wurden. Nach der Transaktion und unter Berücksichtigung eines am 29. August 2025 wirksam gewordenen 1:10 Reverse Stock Splits besitzt Winterhoff wirtschaftlich 325.480 Aktien. Das Formular 4 wurde am 09.09.2025 von einem Bevollmächtigten unterzeichnet.

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*
Winterhoff Marc

(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)
Interim CEO
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 19,575(1)(2) D $16.16(2) 325,480(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 performance-based restricted stock units ("PSUs"), for which service-based vesting requirements have been satisfied, and the vesting of time-based restricted stock units ("RSUs"). The acquisition of such PSUs and RSUs was previously reported on Form 4s 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 Marc Winterhoff 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 Marc Winterhoff report on his LCID Form 4?

The Form 4 reports a disposition of 19,575 Class A shares on 09/05/2025 at $16.16, withheld by the issuer to satisfy tax obligations related to vested PSUs and RSUs.

Was the 19,575-share disposition an open-market sale for LCID?

No. The filing states the shares were withheld by the issuer for tax withholding in connection with the settlement of previously reported equity awards.

How many LCID shares does Winterhoff beneficially own after this filing?

Following the reported transaction and accounting for the 1-for-10 reverse stock split, the filing shows beneficial ownership of 325,480 shares.

When was the reverse stock split and how did it affect the numbers reported?

The filing states a 1-for-10 reverse stock split was effectuated on August 29, 2025, and share and dollar amounts in the filing give effect to that split with rounding adjustments noted.

Who signed the Form 4 for Marc Winterhoff and when?

The Form 4 was signed by Bruce Wang, as attorney-in-fact for Marc Winterhoff on 09/09/2025.
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