FRANK MEGHAN 4

What Happened

• Meghan Frank, CFO and Interim Co-CEO of lululemon athletica inc. (LULU), had 246 shares withheld on March 25, 2026 to satisfy tax obligations tied to the vesting of restricted stock units (RSUs). The withholding occurred at $158.72 per share, representing a value of approximately $39,045. This is an administrative disposition to cover taxes, not an open-market sale.

Key Details

• Transaction date: 2026-03-25; Form 4 filed: 2026-03-27.
• Price per share: $158.72; Shares withheld/disposed: 246; Reported value: ~$39,045.
• Shares owned after the transaction: not specified in the provided filing.
• Footnote: F1 — shares were withheld for tax obligations in connection with RSU vesting (transaction code F).
• Filing timeliness: Filed within the normal reporting window (not reported late).

Context

• This was a tax-withholding disposition tied to RSU vesting (common and administrative). Such withholdings are routine and do not necessarily indicate an insider's view on the company's stock.