---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-003278"
form_type: "8-K"
ticker: "LCID"
cik: "0001811210"
company_name: "Lucid Group, Inc."
filed_at: "2026-01-23T23:59:59+00:00"
generated_at: "2026-05-16T08:29:05.040543+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Lucid extends CFO Boussaid's housing subsidy, raises stipend to $200K, adds $275K repatriation benefits

## Summary
- Housing subsidy extended from 6 to 12 months; annual French retirement stipend increased from $100K to $200K.
- Repatriation benefits up to $275K (housing, moving, airfare, tax advice) if CFO terminated without cause.
- Amendment effective Jan 20, 2026; documented in Offer Letter Amendment filed as Exhibit 10.1.
- CFO Taoufiq Boussaid also eligible for up to 24 months of tax and immigration support after termination.

## SEC filing metadata
- accession: 0001628280-26-003278
- form_type: 8-K
- ticker: LCID
- cik: 0001811210
- company_name: Lucid Group, Inc.
- filed_at: 2026-01-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811210/000162828026003278/0001628280-26-003278-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811210/000162828026003278/lcid-20260120.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-003278
- JSON: https://secwatch.observer/filing/0001628280-26-003278.json
- Plain text: https://secwatch.observer/filing/0001628280-26-003278.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.