{"filing":{"accession_number":"0001628280-26-059385","cik":"0001811210","ticker":"LCID","company_name":"Lucid Group, Inc.","form":"8-K","filing_date":"2026-08-28","report_date":"2026-08-24","primary_document":"lcid-20260824.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1811210/000162828026059385/lcid-20260824.htm"},"events":[{"id":30288,"run_id":27763,"accession_number":"0001628280-26-059385","anchor_item_number":"2.03","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"Lucid Group drew $400 million on a Delayed Draw Term Loan facility from Ayar Third Investment Company (PIF affiliate), increasing total outstanding principal to $1.7 billion under the existing credit facility.","company_name":"Lucid Group, Inc.","ticker":"LCID","filing_date":"2026-08-28","form":"8-K","submitted_at":null,"items":[{"id":32841,"accession_number":"0001628280-26-059385","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The Item 2.03 disclosure reports a $400 million draw on a Delayed Draw Term Loan facility from Ayar Third Investment Company (PIF affiliate), bringing total outstanding principal to $1.7 billion. This constitutes creation of a direct financial obligation under an existing credit facility, which is the core definition of debt_issuance. The supplemental exhibit announcing executive appointments is contextual but does not alter the primary event disclosed in Item 2.03.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-28T20:06:06.187055+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":30289,"run_id":27763,"accession_number":"0001628280-26-059385","anchor_item_number":"5.02","event_type":"exec_appointment","event_domain":"governance","is_material":true,"confidence":0.8,"summary":"Lucid appointed three senior executives: Shawn Mirabal as President of North America Commercial, Mike Molino as Vice President of Finance, and Angela Zepeda as Vice President, Global Marketing, to strengthen commercial execution, financial discipline, and customer engagement.","company_name":"Lucid Group, Inc.","ticker":"LCID","filing_date":"2026-08-28","form":"8-K","submitted_at":null,"items":[{"id":32842,"accession_number":"0001628280-26-059385","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","event_type":"exec_appointment","event_domain":"governance","is_material":true,"confidence":0.75,"reasoning":"The Item 5.02 disclosure centers on three executive appointments: Shawn Mirabal as President of North America Commercial, Mike Molino as Vice President of Finance, and Angela Zepeda as Vice President, Global Marketing. While the section also mentions Gagan Dhingra's departure and separation agreement, the substantive focus of the filing and the attached press release is the appointment of these three new leaders to strengthen commercial execution, financial discipline, and customer engagement. The appointments are material to investors as they signal leadership changes in key functional areas during a period when Lucid is emphasizing execution and financial discipline.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-28T20:06:06.187055+00:00","company_name":"","ticker":null,"filing_date":""},{"id":32843,"accession_number":"0001628280-26-059385","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"exec_appointment","event_domain":"governance","is_material":true,"confidence":0.92,"reasoning":"The filing discloses the appointment of three new senior executives: Shawn Mirabal as President of North America Commercial, Mike Molino as Vice President of Finance, and Angela Zepeda as Vice President, Global Marketing. The press release emphasizes these are strategic leadership additions designed to strengthen execution, financial discipline, and customer engagement. While these are not C-suite positions (CEO, CFO, COO), they are material officer-level appointments at a public company that would affect investor assessment of management capability and strategic direction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-28T20:06:06.187055+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":32841,"accession_number":"0001628280-26-059385","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The Item 2.03 disclosure reports a $400 million draw on a Delayed Draw Term Loan facility from Ayar Third Investment Company (PIF affiliate), bringing total outstanding principal to $1.7 billion. This constitutes creation of a direct financial obligation under an existing credit facility, which is the core definition of debt_issuance. The supplemental exhibit announcing executive appointments is contextual but does not alter the primary event disclosed in Item 2.03.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-28T20:06:06.187055+00:00","company_name":"Lucid Group, Inc.","ticker":"LCID","filing_date":"2026-08-28"},{"id":32842,"accession_number":"0001628280-26-059385","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","event_type":"exec_appointment","event_domain":"governance","is_material":true,"confidence":0.75,"reasoning":"The Item 5.02 disclosure centers on three executive appointments: Shawn Mirabal as President of North America Commercial, Mike Molino as Vice President of Finance, and Angela Zepeda as Vice President, Global Marketing. While the section also mentions Gagan Dhingra's departure and separation agreement, the substantive focus of the filing and the attached press release is the appointment of these three new leaders to strengthen commercial execution, financial discipline, and customer engagement. The appointments are material to investors as they signal leadership changes in key functional areas during a period when Lucid is emphasizing execution and financial discipline.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-28T20:06:06.187055+00:00","company_name":"Lucid Group, Inc.","ticker":"LCID","filing_date":"2026-08-28"},{"id":32843,"accession_number":"0001628280-26-059385","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"exec_appointment","event_domain":"governance","is_material":true,"confidence":0.92,"reasoning":"The filing discloses the appointment of three new senior executives: Shawn Mirabal as President of North America Commercial, Mike Molino as Vice President of Finance, and Angela Zepeda as Vice President, Global Marketing. The press release emphasizes these are strategic leadership additions designed to strengthen execution, financial discipline, and customer engagement. While these are not C-suite positions (CEO, CFO, COO), they are material officer-level appointments at a public company that would affect investor assessment of management capability and strategic direction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-28T20:06:06.187055+00:00","company_name":"Lucid Group, Inc.","ticker":"LCID","filing_date":"2026-08-28"}]}
