secwatch.observer — SEC 8-K summary
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Issuer:     Lucid Group, Inc. (LCID)
CIK:        0001811210
Form:       8-K
Filed at:   2025-06-06T23:59:59+00:00
Accession:  0001628280-25-029985
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stockholders approve 184M share increase to stock incentive plan at annual meeting
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- Stockholders approved amendment to 2021 Stock Incentive Plan, increasing authorized shares by 184 million for future equity grants.
- Eight directors elected, including Turqi Alnowaiser, Douglas Grimm, Lisa Lambert, Andrew Liveris, Nichelle Maynard-Elliott, Chabi Nouri, Ori Winitzer, Janet S. Wong.
- KPMG ratified as independent auditor for FY2025 with 2.77B votes for, 10M against.
- Advisory say-on-pay proposal approved with 2.39B votes for, 13.8M against.
- As of record date, common shares outstanding plus convertible preferred totaled 3,535M common equivalent shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1811210/000162828025029985/0001628280-25-029985-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1811210/000162828025029985/lcid-20250605.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-029985

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