Crane Heidi 4

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.