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Lucid Group | 4: Statement of changes in beneficial ownership of securities-Director Alnowaiser Turqi A.

SEC announcement ·  Jun 7 06:33
Summary by Futu AI
In a recent transaction dated 06/04/2024, Turqi A. Alnowaiser, associated with Lucid Group, Inc. [LCID], was granted 96,822 shares of Class A Common Stock at no cost. Following this transaction, Alnowaiser's direct holdings in Lucid Group have increased to a total of 2,214,626 shares. The grant, which is part of the company's stock-based compensation plan, was completed as a direct ownership transaction, reflecting the company's commitment to aligning the interests of its executives with those of its shareholders.
In a recent transaction dated 06/04/2024, Turqi A. Alnowaiser, associated with Lucid Group, Inc. [LCID], was granted 96,822 shares of Class A Common Stock at no cost. Following this transaction, Alnowaiser's direct holdings in Lucid Group have increased to a total of 2,214,626 shares. The grant, which is part of the company's stock-based compensation plan, was completed as a direct ownership transaction, reflecting the company's commitment to aligning the interests of its executives with those of its shareholders.
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