Lulu's Fashion Lounge Holdings, Inc.·4

Jul 2, 4:05 PM ET

Crane Heidi 4

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Lulu's (LVLU) CFO Heidi Crane Withholds 2,267 Shares for Taxes

What Happened Heidi Crane, Chief Financial Officer of Lulu's Fashion Lounge Holdings (LVLU), had 2,267 shares withheld by the company to satisfy tax withholding obligations when restricted stock units vested on June 30, 2026. The withholding is reported as a disposition of 2,267 shares at $8.25 per share, a total value of $18,703. This is a tax-withholding event tied to RSU vesting, not an open-market sale or a purchase.

Key Details

  • Transaction date: 2026-06-30 (reported on Form 4 filed 2026-07-02)
  • Reported price: $8.25 per share; total value of shares withheld: $18,703
  • Shares involved: 2,267 shares withheld (disposition code F — tax withholding)
  • Footnote: F1 — shares were withheld by the company to cover tax withholding upon RSU vesting on June 30, 2026
  • Shares owned after transaction: Not specified in the provided filing
  • Filing timeliness: Reported on Jul 2, 2026 (appears timely for a Form 4 covering a Jun 30 transaction)

Context Share-withholding to cover taxes on vested RSUs is a routine administrative transaction and is reported as a disposition for SEC purposes. It generally does not signal the insider's view of the company's outlook in the same way an open-market sale or purchase might.