lululemon athletica inc.·4

Apr 2, 6:20 PM ET

NEUBURGER NICOLE 4

Research Summary

AI-generated summary

Updated

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.