Welcome to our dedicated page for Lucid Group SEC filings (Ticker: LCID), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission (SEC) filings for Lucid Group, Inc. (NASDAQ: LCID), a Silicon Valley-based manufacturer of the Lucid Air sedan and Lucid Gravity SUV. These documents offer detailed insight into Lucid’s capital structure, governance, stockholder actions and periodic operating updates, and complement the company’s press releases and investor presentations.
Lucid’s Form 8-K current reports are a key source of information about material events. Recent 8-K filings describe the issuance of 7.00% Convertible Senior Notes due 2031 in a Rule 144A private offering, including terms such as interest rate, maturity, conversion price, redemption conditions and ranking of the notes. The filings also explain how Lucid used a portion of the net proceeds to repurchase outstanding 1.25% Convertible Senior Notes due 2026 and intends to apply remaining proceeds to general corporate purposes. Related 8-K disclosures discuss a prepaid forward transaction entered into by Ayar Third Investment Company, a wholly owned subsidiary of the Public Investment Fund, and its role in facilitating derivative hedging by investors in the notes.
Other 8-K filings cover amendments to Lucid’s delayed draw term loan facility with Ayar, increasing the aggregate commitment and specifying associated fees, as well as quarterly production and delivery announcements that are furnished rather than filed. Additional reports describe corporate actions such as the approval and implementation of a one-for-ten reverse stock split via an amendment to Lucid’s certificate of incorporation, including the impact on outstanding and authorized shares and the treatment of fractional shares.
Lucid’s proxy materials, such as the definitive proxy statement on Schedule 14A for its special meeting, provide detail on stockholder proposals and voting results, including the authorization of the reverse stock split. The filings also outline how the company conducts virtual meetings, determines quorum and handles broker non-votes. Registration statements on Forms S-3 and S-8 are referenced in connection with the reverse split, with disclosures on how share amounts are proportionally adjusted under SEC rules.
On Stock Titan, Lucid’s SEC filings are updated as they are made available through EDGAR. AI-powered tools can help summarize lengthy documents like indentures, credit agreements and proxy statements, highlight key terms such as conversion rates, repurchase rights and voting outcomes, and surface references to financing arrangements, stockholder approvals and changes in capital structure. This allows investors and researchers to review LCID’s regulatory history more efficiently while retaining access to the full underlying filings.
Lucid Group, Inc. reported that Ayar Third Investment Company, a subsidiary of the Public Investment Fund of Saudi Arabia, made an open-market or private purchase of 55,000 shares of Lucid’s Series C convertible preferred stock at $10,000 per share. This preferred stock is initially convertible into approximately 50,850,591 shares of Class A common stock in total, subject to price and event-based conditions set out in the Series C Certificate of Designations. Because Ayar is wholly owned by the Public Investment Fund, the fund may be deemed to beneficially own these shares, while Ayar’s co-managers are described as having no pecuniary interest.
Lucid Group, Inc. received a significant capital infusion as Ayar Third Investment Company, an affiliate of Saudi Arabia’s Public Investment Fund (PIF), purchased $550 million of Series C Convertible Preferred Stock in a private placement. The preferred stock carries a 9% annual compounded dividend, ranks senior to common stock, and is initially convertible into common shares at $10.8160 per share, subject to anti-dilution adjustments.
PIF and its affiliate Ayar now report beneficial ownership of roughly 280–281 million Lucid shares, representing about 56.7–56.9% of Lucid’s outstanding common stock as of April 28, 2026, giving them majority economic and voting influence (subject to a 19.99% voting cap unless shareholders later approve an increase). Lucid also amended its delayed-draw term loan facility, increasing undrawn commitments by $500 million so that total delayed-draw term loans and commitments reached approximately $2.5 billion, while removing a minimum liquidity covenant and a requirement to fully utilize its asset-based lending facility before borrowing under this term loan structure.
Lucid Group, Inc. completed a private placement in which Ayar Third Investment Company, its majority shareholder and affiliate of the Public Investment Fund, purchased 55,000 shares of Series C Convertible Preferred Stock for an aggregate purchase price of $550,000,000 on April 28, 2026. The preferred shares, issued under a newly filed Certificate of Designations, are convertible into Class A common stock and were sold in a transaction exempt from registration under Section 4(a)(2) of the Securities Act. On the same date, Lucid and Ayar entered into Amendment No. 7 to the Investor Rights Agreement, giving Ayar piggy-back and shelf registration rights for the preferred shares and any common shares issuable upon conversion. The unregistered equity issuance and related amendments also result in modifications to the company’s organizational documents and security holder rights.
Lucid Group, Inc. director Nouri Chabi reported a routine tax-related share disposition. On April 24, 2026, 210 shares of Class A common stock were withheld by Lucid to cover tax withholding and remittance obligations triggered by the time-based vesting of previously reported restricted stock units.
These shares were not sold in the open market but used to satisfy tax liabilities. After this withholding, Chabi beneficially owns 24,156 shares of Lucid Class A common stock, with the share count updated to reflect rounding impacts from a prior reverse stock split.
Lucid Group, Inc. announced the appointment of Silvio Napoli as its next Chief Executive Officer and confirmed an upcoming virtual Annual Meeting of Stockholders to be held on June 4, 2026 at 9:00 a.m. PT. The company emphasized leadership continuity, capital‑efficient partnerships, and a focus on scaling new midsize vehicles to pursue profitability.
The proxy materials set an April 6, 2026 record date and disclose 330,144,675 shares of Class A Common Stock outstanding and 100,000 Series A and 75,000 Series B convertible preferred shares (convertible into 53,132,446 Common Stock on an as‑converted basis), for a total of 383,277,121 votes. The Board recommends votes for director nominees, appointment of KPMG LLP as auditor, advisory executive compensation approval, and amendment of the 2021 Stock Incentive Plan.
Lucid Group, Inc. is asking stockholders to vote at its virtual 2026 Annual Meeting on June 4, 2026. Investors will elect nine directors, ratify KPMG LLP as auditor for 2026, cast an advisory vote on executive pay, and approve amendments to the 2021 Stock Incentive Plan.
Holders of 330,144,675 shares of Common Stock and Convertible Preferred Stock convertible into 53,132,446 Common shares are entitled to an aggregate 383,277,121 votes as of April 6, 2026. The company describes board structure, committee responsibilities, director nominees, voting mechanics, and stockholder proposal deadlines for the 2027 meeting.
Uber Technologies, Inc. reports beneficial ownership of 37,753,583 shares of Lucid Group, Inc. Class A common stock, representing 11.52% of the Class A shares. These shares are held through SMB Holding, an indirect, wholly owned subsidiary of Uber.
The ownership percentage was calculated based on 327,684,243 Class A shares issued as of February 18, 2026. The statement is signed by Balaji Krishnamurthy, Chief Financial Officer, dated April 20, 2026. CUSIP for the Class A shares is 549498202.
Uber Technologies, Inc. filed an initial ownership report showing a significant stake in Lucid Group, Inc. The filing lists beneficial ownership of 37,753,583 shares of Lucid Class A common stock. These shares are recorded in the name of SMB Holding Corporation, a wholly owned Uber subsidiary, indicating Uber’s position as a large, over ten-percent owner rather than reporting a new purchase or sale.
Lucid Group, Inc. director Silvio Napoli received new equity awards. He was granted employee stock options covering 1,000,000 shares of Class A common stock at an exercise price of $8.21 per share, expiring on April 15, 2036. He was also granted 402,073 restricted stock units that vest over four years, starting on June 5, 2027. Following these grants, he directly holds 402,073 shares of Class A common stock subject to time-based vesting.
The stock options are performance-based and split into five tranches. Each tranche vests only after both its scheduled time-based vesting date between April 15, 2028 and April 15, 2030 and certification that Lucid has achieved a specified market capitalization hurdle ranging from $5.0 billion to $17.5 billion, assuming Napoli remains employed through each vesting date.
Lucid Group, Inc. reported that Silvio Napoli is a director of the company in a Form 3 initial beneficial ownership filing. The filing shows no reported transactions or holdings, serving primarily as a baseline disclosure of his insider status with the company.