LCID.NASDAQLucid Group, INC

4/A: Lucid Group CEO Peter Rawlinson Corrects Stock Ownership in Amended SEC Filing

Sentiment:

SEC Filing (Form 4/A)


Peter Rawlinson, CEO of Lucid Group, files an amended SEC Form 4 to correct previously reported amounts of Class A Common Stock acquired and beneficially owned.

Summary

  • Peter Rawlinson, the CEO and Chief Technology Officer of Lucid Group, Inc., filed an amendment to a previous Form 4 filing with the SEC.
  • The amendment corrects the amount of Class A Common Stock acquired on February 21, 2025, and the total amount beneficially owned following the transaction.
  • The corrected filing shows that Rawlinson acquired 672,766 shares of Class A Common Stock at a price of $0.
  • Following the transaction, Rawlinson beneficially owns 18,908,613 shares of Class A Common Stock.
  • The original filing from February 25, 2025, contained incorrect amounts in Box 4 and Box 5.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing correcting a previous error. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the holdings of key personnel.

Stakeholder Impact

  • The correction of the filing ensures accurate information is available to shareholders regarding executive stock ownership.

Key Dates

DateDescription
02/21/2025Date of earliest transaction: Acquisition of 672,766 shares of Class A Common Stock.
02/25/2025Date of original filing which contained incorrect amounts.
03/14/2025Date of amended filing.
02/21/20261/3rd of restricted stock units vest.
08/21/20261/3rd of restricted stock units vest.
02/21/20271/3rd of restricted stock units vest.

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