Summary by Futu AI
On April 9, 2024, Michael Bell, Senior Vice President, Digital at Lucid Group, Inc. [LCID], completed a stock transaction involving the company's Class A Common Stock. Bell acquired 137,352 shares at no cost, which is typically indicative of a grant or award. On the same day, he disposed of 24,838 shares at a price of $2.64 per share, a transaction often associated with the payment of exercise price or tax liability by delivering or withholding securities. Following these transactions, Bell's direct holdings in Lucid Group amounted to 1,414,471 shares. The total market value of the disposed shares was calculated at $65,572.32.