White Emily 4
Research Summary
AI-generated summary
lululemon (LULU) Director Emily White Receives Restricted Stock Award
What Happened
- Emily White, a director of lululemon athletica inc. (LULU), was granted 1,606 restricted stock units (reported as an Award/Acquisition, code A) on June 25, 2026. The Form 4 shows the acquisition price as $0.00 (a compensation award), so no cash was paid for the units.
Key Details
- Transaction date: June 25, 2026; transaction reported on Form 4 filed June 29, 2026 (timely filed).
- Transaction type/code: Award/Grant (A).
- Shares/units granted: 1,606 RSUs at $0.00 per unit.
- Shares owned after transaction: Not specified in this filing.
- Footnote: Each RSU represents the right to one share and vests 100% on the earlier of (a) June 25, 2027 or (b) the Company's 2027 annual meeting of stockholders (footnote F1).
- No indication of a 10b5-1 plan, gift, sale, or tax-withholding disposition in this filing.
Context
- Restricted stock units are a form of equity compensation that convert into shares when they vest; this award does not represent an open-market purchase or sale. Such grants are common for directors and are part of compensation rather than a direct signal to buy or sell stock.