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Lucid Group | 4: Statement of changes in beneficial ownership of securities-Director MARAKBY SHERIF

SEC announcement ·  Jun 6 18:41
Summary by Moomoo AI
Sherif Marakby, associated with Lucid Group, Inc. [LCID], was granted 96,822 shares of Class A Common Stock on June 4, 2024. The transaction was completed at no cost to the recipient, as is typical with stock grants. Following this transaction, Marakby's direct holdings in Lucid Group's common stock increased to a total of 145,209 shares. The grant is part of the company's compensation or incentive strategy, which is often used to align the interests of the employees or associates with those of the shareholders.
Sherif Marakby, associated with Lucid Group, Inc. [LCID], was granted 96,822 shares of Class A Common Stock on June 4, 2024. The transaction was completed at no cost to the recipient, as is typical with stock grants. Following this transaction, Marakby's direct holdings in Lucid Group's common stock increased to a total of 145,209 shares. The grant is part of the company's compensation or incentive strategy, which is often used to align the interests of the employees or associates with those of the shareholders.
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