NEUBURGER NICOLE 4
Research Summary
AI-generated summary
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.