secwatch.observer — SEC 8-K summary
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Issuer:     Lucid Group, Inc. (LCID)
CIK:        0001811210
Form:       8-K
Filed at:   2021-12-17T23:59:59+00:00
Accession:  0001104659-21-151207
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Lucid VP of Finance Mike Smuts separating; Gagan Dhingra named new VP of Accounting
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- Mike Smuts, VP of Finance, separates effective Dec 14, 2021, provides transition services through Jan 17, 2022.
- Smuts eligible for severance benefits under Executive Severance Benefit Plan due to Qualifying Termination.
- Gagan Dhingra appointed VP of Accounting and Internal Controls, Principal Accounting Officer.
- Mustally Hussain appointed Managing Director for Treasury and Financial Services earlier in December.
- Departure is part of planned succession; new roles filled to strengthen finance leadership.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1811210/000110465921151207/0001104659-21-151207-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1811210/000110465921151207/tm2135810d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-151207

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer