Bergh Charles V 4

What Happened
Charles V. Bergh, a director of lululemon athletica inc., received a grant of 272 restricted stock units (RSUs) and made an open-market purchase of 6,090 shares. The RSU award shows a grant value recorded at $0.00 (standard for unit awards) and converts one-for-one into common shares when it vests. The open-market buy was at $164.20 per share for a total purchase of $999,978.

Key Details

• Transaction dates: RSU award dated 2026-03-19; open-market purchase executed 2026-03-20. Form 4 filed 2026-03-23.
• Purchase details: 6,090 shares @ $164.20 = $999,978. Award: 272 RSUs @ $0.00 (one-for-one conversion).
• Vesting: RSUs vest on the earlier of (a) June 11, 2026, or (b) the company’s 2026 annual meeting of stockholders (footnote F1).
• Holding vehicle: The purchased shares are held by the Charles and Juliet Bergh Revocable Trust dated May 5, 2013 (footnote F2).
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Form filed on 2026-03-23; the filing date is reported on the form (no late-filing note in this summary).

Context

• Purchases by directors are often watched by investors as a potentially positive signal, but filings are factual records and do not state personal motives.
• The RSUs are a grant that will convert to common stock upon vesting (not an immediate cash exercise or sale).
• The open-market purchase was a straightforward buy (code P), not an exercise, sale, or a gift.