MORFITT MARTHA A M 4

What Happened Martha A. M. Morfitt, a director of lululemon athletica inc. (LULU), received an award of 1,606 restricted stock units (transaction code A) on June 25, 2026. The filing reports the RSUs at $0.00 (no cash purchase); each RSU represents the right to receive one share of common stock upon vesting.

Key Details

• Transaction date: 2026-06-25 (reported on Form 4 filed 2026-06-29). Filing appears timely (within required business-day window).
• Grant: 1,606 RSUs; reported acquisition price $0.00.
• Vesting: 100% vests on the earlier of (a) June 25, 2027, or (b) the date of the company’s 2027 annual meeting (per footnote).
• Shares owned after transaction: Not specified in the filing.
• Additional note: Footnote indicates some shares are held in irrevocable grantor trusts for the benefit of the reporting person's children.

Context Restricted stock units are a form of equity compensation that convert into actual shares only after vesting; no immediate sale or purchase occurred here. Director RSU grants are common as part of compensation and do not, by themselves, signal a buy or sell decision by the insider.