SEC Form 4 · accession 0001628280-26-041612
Lucid Group, Inc. · LCID
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Turqi A. Alnowaiser
Director · 10% Owner
Period of report
Jun 4, 2026
Accepted (ET)
Jun 8, 2026 · 4:28 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001811210
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | Jun 4, 2026 | F | 1,248 | $5.72 | D | 231,182 | D | |
| Class A Common StockF3,F4,F2 | Jun 4, 2026 | A | 43,870 | $0.00 | A | 275,052 | D | |
| Class A Common StockF5,F4,F2 | Jun 4, 2026 | A | 1,299 | $0.00 | A | 276,351 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the time-based vesting of restricted stock units previously reported on Form 4s filed by the reporting person.
- F2The reporting person is deemed a beneficial owner of 10% of the issued and outstanding shares of Class A Common Stock of the Issuer because the reporting person has voting power over 280,188,185 shares of Class A Common Stock (the "Ayar Shares") beneficially owned by Ayar Third Investment Company ("Ayar"), a wholly-owned subsidiary of The Public Investment Fund ("PIF"), pursuant to authority delegated to him as a co-manager of Ayar, as reported on the Schedule 13D/A filed with the Securities and Exchange Commission on April 30, 2026, by the PIF. The reporting person does not have, and disclaims, any pecuniary interest in such Ayar Shares.
- F3These 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.
- F4RSUs are settled in shares of Class A Common Stock on a one-for-one basis.
- F5These RSUs vest in full on the date of the grant in connection with past service.