secwatch / observer

8-K filed April 14, 2026, 7:59 PM ET ticker LCID CIK 0001811210

leadership confidence high sentiment neutral materiality 0.70

Lucid names Silvio Napoli as next CEO; Winterhoff to resume COO

Lucid Group, Inc.

Silvio Napoli, former Chairman/CEO of Schindler Group, appointed as next CEO effective April 15, 2026; will also join Board.
Marc Winterhoff will continue as Interim CEO until Napoli's appointment, then resume role as Chief Operating Officer.
Napoli receives base salary of $1.5M, target annual bonus 200% of base, initial LTI grant of $9.5M (RSUs and PSUs), and new hire PSOs up to 1M shares tied to market cap milestones from $5B to $17.5B.
Winterhoff receives revised compensation: base salary $1M, target bonus 150% of base, annual LTI $5.4M, plus $2M retention bonuses and up to $3M performance cash bonus tied to market cap hurdles.

item 5.02 item 9.01

Machine-readable event card

schema_version: secwatch.filing_event.v1
accession: 0001104659-26-042846
form_type: 8-K
ticker: LCID
cik: 0001811210
company_name: Lucid Group, Inc.
filed_at: 2026-04-14T23:59:59+00:00
discovered_at: 2026-05-14T18:02:32.964767+00:00
generated_at: 2026-05-15T06:25:32.217200+00:00
sec_items: ["5.02", "9.01"]
event_type: leadership
sentiment: neutral
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: high
secwatch_canonical_url: https://secwatch.observer/filing/0001104659-26-042846
json_url: https://secwatch.observer/filing/0001104659-26-042846.json
markdown_url: https://secwatch.observer/filing/0001104659-26-042846.md
text_url: https://secwatch.observer/filing/0001104659-26-042846.txt
edgar_index_url: https://www.sec.gov/Archives/edgar/data/1811210/000110465926042846/0001104659-26-042846-index.htm
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generated_by_model: deepseek-v4-flash:cloud@v2
review_status: machine_generated
human_reviewed: false
corrected: false
correction_note: null
correction_timestamp: null
superseded_by: null

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