Form 4: Lucid Interim CEO Sells Shares for Tax Obligations
Insider Transaction Report
Lucid Group's Interim CEO, Marc Winterhoff, disposed of 17,457 Class A Common Stock shares on December 5, 2025, to cover tax obligations related to vested equity awards.
Summary
- Marc Winterhoff, Interim CEO of Lucid Group, Inc. (LCID), reported a transaction on December 5, 2025.
- He disposed of 17,457 shares of Class A Common Stock at a price of $14.15 per share.
- This disposition was for tax withholding and remittance obligations associated with the settlement of performance-based restricted stock units (PSUs) and the vesting of time-based restricted stock units (RSUs).
- Following this transaction, Winterhoff beneficially owns 308,023 shares of Class A Common Stock directly.
Sentiment
Score: 5
Explanation: The transaction is a routine disposition of shares to cover tax obligations upon the vesting of equity awards, which is a common practice for executives and does not reflect a discretionary sale or change in sentiment.
Key Dates
| Date | Description |
|---|---|
| 12/05/2025 | Date of transaction where shares were disposed of for tax withholding. |
| 12/09/2025 | Signature date of the reporting person's attorney-in-fact. |
Recommendation
holdThe reported transaction is a routine disposition of shares by an executive to satisfy tax withholding obligations upon the vesting of restricted stock units. This is a common and non-discretionary event that does not typically signal a change in the executive's confidence in the company or warrant a change in investment recommendation.
Keywords
Lucid Group, LCID, Marc Winterhoff, Interim CEO, Form 4, insider transaction, stock sale, equity compensation, restricted stock units, RSU, PSU, tax withholding
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