secwatch.observer — SEC 8-K summary
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Issuer:     Lucid Group, Inc. (LCID)
CIK:        0001811210
Form:       8-K
Filed at:   2025-01-28T23:59:59+00:00
Accession:  0001628280-25-002774
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Lucid appoints Taoufiq Boussaid as CFO; Gagan Dhingra promoted to SVP Finance
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- Boussaid to join Jan 29, 2025, become CFO upon filing of 2024 10-K; previously CFO at Bekaert.
- Compensation: $575k base, 90% target bonus, $2M signing bonus, $4M RSU, $6M PSU.
- Dhingra promoted to SVP Finance & Accounting; remains principal accounting officer. Salary $475k, target 75%, $250k bonus, $400k RSU + $600k PSU.
- Dhingra ceases as interim CFO upon Boussaid's appointment; will report to Boussaid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1811210/000162828025002774/0001628280-25-002774-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1811210/000162828025002774/lcid-20250128.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-002774

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