NEUBURGER NICOLE 4
4 · lululemon athletica inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Lululemon CBO Nicole Neuburger Withholds 369 Shares for Taxes
What Happened
Nicole Neuburger, Chief Brand Officer at lululemon athletica inc. (LULU), had 369 shares withheld on 2026-03-31 to satisfy tax obligations arising from the vesting of restricted stock units (RSUs). The withholding was recorded at $153.10 per share, totaling approximately $56,494. This was a tax-withholding disposition of shares, not an open-market sale or a purchase.
Key Details
- Transaction date: 2026-03-31
- Price per share: $153.10
- Shares withheld/disposed: 369; total value ≈ $56,494
- Shares owned after transaction: not specified in the provided Form 4
- Footnote: F1 — shares withheld for tax obligations in connection with RSU vesting
- Filing date: 2026-04-02; no indication in the filing that this was late
Context
Share withholding to cover taxes on vested RSUs is a common, administrative transaction and does not represent an open-market sale driven by an insider choosing to monetize holdings. It reduces the insider’s outstanding share count but is primarily a settlement of tax liability rather than a directional trading signal.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-31$153.10/sh−369$56,494→ 19,778 total
Footnotes (1)
- [F1]Represents shares withheld for tax obligations in connection with vesting of restricted stock units.