A Lucid board member filed notice with the US Securities and Exchange Commission (SEC) on Monday of a planned sale of 4,000 common shares worth an aggregate $29,520 — one day before the EV maker reports second-quarter results on chief executive Silvio Napoli’s first earnings call.
The Form 144, filed by director Ori Winitzer, lists an approximate sale date of August 3, at an implied $7.38 per share — Friday’s closing price.
The filing is a notice of proposed sale rather than confirmation of an executed trade, which arrives separately on a Form 4, and states the sale relies on a Rule 10b5-1 trading plan adopted on March 2, 2026 — five months before the sale.
Under such plans, sale timing and amounts are fixed in advance; by signing, Winitzer also represents he holds no material adverse non-public information about the company.
The shares were, per the filing’s remarks, “acquired upon the vesting of restricted stock units” between April 2024 and June 2025.
Who Is Selling
Winitzer was elected to Lucid‘s board at the annual shareholder meeting of April 24, 2023 — alongside former Ford Autonomous Vehicles chief Sherif Marakby and former Piaget CEO Chabi Nouri,
The restricted stock units being sold were granted on April 24, 2024, the first anniversary of his election, the standard rhythm of an annual director equity cycle.
His day job is Partner and founding member of Integrated Media Company, TPG’s digital-media platform, a role held since 2018, atop a career built in media and technology dealmaking — Senior Managing Director at Guggenheim Partners where he led the digital media practice, and investment banking at LionTree and Rothschild before that.
At his election he said he looked forward to “bringing my finance, investment and operational skills to the table.”
The Saudi connection in his portfolio predates Lucid.
Winitzer has served as a director of Savvy Games Fund — the gaming arm of the Public Investment Fund, Lucid’s roughly 45% shareholder — since July 2022, nine months before joining the EV maker’s board, and added a seat in March at Scopely, the mobile-games publisher Savvy owns.
He is also co-chairman of Footballco and Toon Boom Animation and joined the board of Compound Creative Holdings in June.
The Two Prices
The filing’s look-back table discloses one prior sale in the past three months, and the pair of prices bookends Lucid’s most volatile stretch as a public company.
On June 1, the same plan sold 1,000 shares for gross proceeds of $6,380 — $6.38 apiece.
Between that sale and Monday’s $7.38 filing, CEO Silvio Napoli personally rejected a report from EV in mid-July despite confirming the hiring of the firm AlixPartners, and the stock ran to a three-month high later in the week.
The 4,000 shares are about 0.001% of Lucid‘s 390,256,808 shares outstanding, and the two disclosed sales together total 5,000 shares for about $35,900 in gross proceeds.
The filing discloses nothing about the director’s remaining holdings.
The Context the Calendar Supplies
A sub-$30,000 pre-scheduled sale would pass without note in most weeks.
This one lands on the single most loaded date on Lucid’s 2026 calendar, the day before Napoli’s first earnings call.
Tuesday’s call marks finance chief Taoufiq Boussaid’s final appearance before handing over to Alexander De Bock, and the retail shareholder base’s 144 questions, led by whether the company is stable, await the management’s answers.
Lucid reports after Tuesday’s close, with the call at 5:30 p.m. ET.
