Das Ranju 4

What Happened
Das Ranju, lululemon athletica inc.'s Chief AI & Technology Officer, received equity awards on March 19, 2026 totaling 18,648 units: 3,926 shares and 14,722 derivative awards. Both awards were recorded at $0.00 (no cash paid). Because these are grants/RSU-type awards rather than open-market purchases or sales, they represent compensation rather than a market buy or sell.

Key Details

• Transaction date: 2026-03-19; Form 4 filed 2026-03-23 (filed within the standard two business-day window).
• Award amounts: 3,926 shares (non-derivative) and 14,722 derivative units; total 18,648 units. Reported price: $0.00; reported cash value at grant: $0.
• Shares owned after the transaction: not specified in the provided filing details.
• Footnote F1: The derivative units are restricted stock units (RSUs) that convert one-for-one to common stock and vest 33% on 3/19/2027, 33% on 3/19/2028 and 34% on 3/19/2029, subject to continued employment.
• Footnote F2: Notes a standard option vesting schedule (four equal annual installments beginning on first anniversary); no option exercise or option grant is shown in this filing.

Context: These awards are typical equity compensation for senior executives and are recorded at $0 because they are grants, not purchases. The RSU portion is a derivative award that will convert to shares only as it vests; this is not an immediate sale or cash transaction and should be viewed as compensation rather than a direct insider market buy.