Form 4: Lucid CFO Boussaid Sells Shares for Tax Withholding
Insider Transaction Report
Lucid Group's Chief Financial Officer, Taoufiq Boussaid, disposed of 4,498 shares of Class A Common Stock to cover tax obligations related to RSU vesting.
Summary
- Lucid Group, Inc. Chief Financial Officer Taoufiq Boussaid reported a disposition of 4,498 shares of Class A Common Stock.
- The transaction occurred on December 5, 2025, at a price of $14.15 per share.
- These shares were withheld by Lucid Group to satisfy tax withholding and remittance obligations associated with the vesting of time-based restricted stock units (RSUs).
- Following this transaction, Taoufiq Boussaid beneficially owns 88,648 shares of Class A Common Stock directly.
Sentiment
Score: 5
Explanation: The transaction is a routine tax withholding event related to RSU vesting, which is neutral in sentiment and does not indicate a positive or negative outlook on the company or stock performance.
Future Outlook
NA
Industry Context
This is a routine insider transaction related to equity compensation and tax obligations, common across all industries for executives receiving restricted stock units. It does not reflect broader industry trends or competitive positioning.
Stakeholder Impact
- Minimal direct impact on shareholders as this is a routine, small-scale transaction for tax purposes, not a discretionary sale or purchase. Employees receiving RSUs would understand this as a standard part of their compensation structure.
Key Dates
| Date | Description |
|---|---|
| 12/05/2025 | Date of transaction where 4,498 shares were disposed of for tax withholding. |
| 12/09/2025 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Recommendation
holdThis Form 4 reports a routine disposition of shares by the CFO to cover tax obligations upon RSU vesting. Such transactions are standard and do not reflect a discretionary investment decision by the insider, nor do they provide new material information about the company's operational or financial performance. Therefore, it does not warrant a change in investment recommendation based solely on this filing.
Keywords
Lucid Group, LCID, Taoufiq Boussaid, CFO, Form 4, Insider Transaction, Stock Sale, Tax Withholding, RSU Vesting, Equity Compensation
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