Winitzer Ori has reported the sale of 1,000 shares of Lucid Group, Inc. This transaction occurred on November 2, 2026, and was disclosed in a recent SEC filing.
Lucid Group, Inc. is a prominent player in the electric vehicle market, focusing on manufacturing luxury electric cars. The company is listed under the ticker symbol LCID and operates within the motor vehicles and passenger car bodies sector.
According to the filing, Ori Winitzer executed the sale under a Rule 10b5-1 trading plan adopted on March 2, 2026. Following this transaction, Winitzer holds 64,263 shares of Lucid Group.
This sale may impact stakeholders, including investors and analysts monitoring insider trading trends. Such transactions can provide insight into the confidence of executives in their company's future performance.
The filing does not say what happens next.
Transaction Details
The sale of 1,000 shares was executed at a price of $3.09 per share, totaling $3,090. This transaction was categorized under the code 'S', indicating a sale of securities.
Winitzer Ori is identified as a director of Lucid Group, Inc., which adds a layer of significance to the transaction as directors are often closely monitored by investors for their trading activities.
Company Background
Lucid Group, Inc. is incorporated in Delaware and has a fiscal year that ends on December 31. The company was formerly known as Churchill Capital Corp IV and Annetta Acquisition Corp, undergoing name changes on July 14, 2020, and May 4, 2020, respectively.
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 2, 2026."
Despite the detailed information provided, the filing does not include any future plans or intentions regarding Ori Winitzer's remaining shares or any potential implications of this transaction for Lucid Group's stock performance.
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