Lucid Group, Inc. (LCID) · Insider Trading (Form 4) SEC Filing

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-06-04 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Lucid Group, Inc. (LCID) CIK: 0001811210 --- Reporting Owner --- Name: Alnowaiser Turqi A. CIK: 0001873801 Role: Director, 10%+ Owner --- Non-Derivative Transactions --- [Transaction #1] Security: Class A Common Stock Date: 2026-06-04 | Code: F (Payment of exercise/tax) Shares: -1,248 | Price: $5.72 Total Value: $7,138.56 Shares Owned After: 231,182 | Ownership: D (Direct) Footnotes: [F1] Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the time-based vesting of restricted stock units previously reported on Form 4s filed by the reporting person. [F2] The reporting person is deemed a beneficial owner of 10% of the issued and outstanding shares of Class A Common Stock of the Issuer because the reporting person has voting power over 280,188,185 shares of Class A Common Stock (the "Ayar Shares") beneficially owned by Ayar Third Investment Company ("Ayar"), a wholly-owned subsidiary of The Public Investment Fund ("PIF"), pursuant to authority delegated to him as a co-manager of Ayar, as reported on the Schedule 13D/A filed with the Securities and Exchange Commission on April 30, 2026, by the PIF. The reporting person does not have, and disclaims, any pecuniary interest in such Ayar Shares. [Transaction #2] Security: Class A Common Stock Date: 2026-06-04 | Code: A (Grant or award) Shares: +43,870 | Price: $0.00 Shares Owned After: 275,052 | Ownership: D (Direct) Footnotes: [F3] These restricted stock units ("RSUs") will vest in full on the earlier of (i) the one-year anniversary of the date of grant or (ii) the date of the next annual meeting of stockholders held after the date of grant, in each case, subject to the reporting person's continued service on the board of directors through the applicable vesting date. [F4] RSUs are settled in shares of Class A Common Stock on a one-for-one basis. [F2] The reporting person is deemed a beneficial owner of 10% of the issued and outstanding shares of Class A Common Stock of the Issuer because the reporting person has voting power over 280,188,185 shares of Class A Common Stock (the "Ayar Shares") beneficially owned by Ayar Third Investment Company ("Ayar"), a wholly-owned subsidiary of The Public Investment Fund ("PIF"), pursuant to authority delegated to him as a co-manager of Ayar, as reported on the Schedule 13D/A filed with the Securities and Exchange Commission on April 30, 2026, by the PIF. The reporting person does not have, and disclaims, any pecuniary interest in such Ayar Shares. [Transaction #3] Security: Class A Common Stock Date: 2026-06-04 | Code: A (Grant or award) Shares: +1,299 | Price: $0.00 Shares Owned After: 276,351 | Ownership: D (Direct) Footnotes: [F5] These RSUs vest in full on the date of the grant in connection with past service. [F4] RSUs are settled in shares of Class A Common Stock on a one-for-one basis. [F2] The reporting person is deemed a beneficial owner of 10% of the issued and outstanding shares of Class A Common Stock of the Issuer because the reporting person has voting power over 280,188,185 shares of Class A Common Stock (the "Ayar Shares") beneficially owned by Ayar Third Investment Company ("Ayar"), a wholly-owned subsidiary of The Public Investment Fund ("PIF"), pursuant to authority delegated to him as a co-manager of Ayar, as reported on the Schedule 13D/A filed with the Securities and Exchange Commission on April 30, 2026, by the PIF. The reporting person does not have, and disclaims, any pecuniary interest in such Ayar Shares. --- Footnotes (Complete Index) --- F1: Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the time-based vesting of restricted stock units previously reported on Form 4s filed by the reporting person. F2: The reporting person is deemed a beneficial owner of 10% of the issued and outstanding shares of Class A Common Stock of the Issuer because the reporting person has voting power over 280,188,185 shares of Class A Common Stock (the "Ayar Shares") beneficially owned by Ayar Third Investment Company ("Ayar"), a wholly-owned subsidiary of The Public Investment Fund ("PIF"), pursuant to authority delegated to him as a co-manager of Ayar, as reported on the Schedule 13D/A filed with the Securities and Exchange Commission on April 30, 2026, by the PIF. The reporting person does not have, and disclaims, any pecuniary interest in such Ayar Shares. F3: These restricted stock units ("RSUs") will vest in full on the earlier of (i) the one-year anniversary of the date of grant or (ii) the date of the next annual meeting of stockholders held after the date of grant, in each case, subject to the reporting person's continued service on the board of directors through the applicable vesting date. F4: RSUs are settled in shares of Class A Common Stock on a one-for-one basis. F5: These RSUs vest in full on the date of the grant in connection with past service. --- Signature --- /s/ /s/ Bruce Wang, as attorney-in-fact for Turqi A. Alnowaiser (2026-06-08)