Crane Heidi 4

4 · Lulu's Fashion Lounge Holdings, Inc. · Filed Feb 5, 2026

AI-generated summary of this filing

Updated Feb 5, 2026

Lulu's (LVLU) CFO Heidi Crane Receives RSU Award

What Happened

Heidi Crane, appointed Chief Financial Officer of Lulu's Fashion Lounge Holdings, Inc. (LVLU) effective Feb 4, 2026, received a grant of 34,837 restricted stock units (RSUs) on Feb 4, 2026. The award was reported on a Form 4 filed Feb 5, 2026. The RSUs were granted at $0.00 per unit and represent a contingent right to receive one share of common stock upon vesting.

Key Details

Transaction type/code: Award/Grant (A).
Transaction date: 2026-02-04; Form 4 filed: 2026-02-05 (timely filing).
Quantity and price: 34,837 RSUs @ $0.00 (no cash paid at grant).
Vesting schedule (per footnote): 25% vest on March 31, 2026; then 12.5% on each of June 30, 2026; Sept 30, 2026; Dec 31, 2026; Mar 31, 2027; Jun 30, 2027; and Sept 30, 2027 (each RSU converts to one share upon vesting), subject to continued employment.
Shares owned after transaction: Not specified in the filing.
No tax-withholding or sale-on-vesting details were reported in this Form 4.

Context

RSU grants are compensation awards tied to continued employment and vesting dates; they are not open-market purchases or sales and do not require an immediate cash outlay. Such awards reflect standard executive hiring compensation rather than an open-market insider purchase or sale.

Form 4

Period: 2026-02-04

Chief Financial Officer

Transactions

Footnotes (1)

[F1]Represents restricted stock units ("RSUs"), representing the initial grant to Ms. Crane in connection with her appointment as Chief Financial Officer, effective February 4, 2026, pursuant to the terms of her Employment Agreement. Each RSU represents a contingent right to receive one share of common stock, and will vest as follows: one-quarter (25%) on March 31, 2026; and one-eighth (12.5%) on each of June 30, 2026, September 30, 2026, December 31, 2026, March 31, 2027, June 30, 2027, and September 30, 2027, subject to Ms. Crane's continued employment through each applicable vesting date.

Signature

/s/ Alexa Miller as attorney-in-fact for Heidi Crane|2026-02-05

1 file