Summary by Futu AI
Eric Bach, SVP, Product & Chief Engineer of Lucid Group, Inc. (LCID), completed a stock transaction on April 9, 2024. Bach sold 65,873 shares of Lucid Group's Class A Common Stock at a price of $2.64 per share, resulting in a total transaction value of $173,904.72. Following the sale, Bach's direct holdings in the company amount to 2,183,031 shares. The sale was part of a transaction that also included the acquisition of 343,380 shares on the same day, which were granted as part of a compensation package or stock award, with no transaction price associated. The transactions were reported as direct ownership and have been completed.