---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-061541"
form_type: "8-K"
ticker: "LCID"
cik: "0001811210"
company_name: "Lucid Group, Inc."
filed_at: "2026-09-11T20:04:32+00:00"
generated_at: "2026-09-11T20:05:15.317351+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Lucid CFO Boussaid to transition to Senior Advisor through Dec 31, 2026

## Summary
- Ex-CFO Taoufiq Boussaid signed Transition Agreement on Sept 4, 2026; will serve as Senior Advisor to Dec 31, 2026.
- Monthly salary $10,000 plus employee benefits; equity vesting continues through Separation Date.
- Eligible for prorated 2026 annual bonus of $156,390 and company vehicle, per severance plan terms.
- Agreement includes customary releases, confidentiality, non-disparagement, and cooperation covenants.

## SEC filing metadata
- accession: 0001628280-26-061541
- form_type: 8-K
- ticker: LCID
- cik: 0001811210
- company_name: Lucid Group, Inc.
- filed_at: 2026-09-11T20:04:32+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811210/000162828026061541/0001628280-26-061541-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811210/000162828026061541/lcid-20260904.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-061541
- JSON: https://secwatch.observer/filing/0001628280-26-061541.json
- Plain text: https://secwatch.observer/filing/0001628280-26-061541.txt

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