Gentile Laura 4

What Happened

• Laura Gentile, a director of lululemon athletica inc. (LULU), was granted 1,606 restricted stock units (RSUs) on June 25, 2026. The Form 4 reports the acquisition as an award (code A) at $0.00 per share (standard for RSU grants); no immediate cash changed hands. Each RSU represents the right to receive one share of common stock upon vesting.

Key Details

• Transaction date: 2026-06-25; Filing date: 2026-06-29 (filed timely).
• Grant reported: 1,606 RSUs; reported price per share: $0.00 (award).
• Vesting: 100% vests on the earlier of (a) June 25, 2027, or (b) the date of the company's 2027 annual meeting of stockholders (see footnote F1).
• Shares owned after transaction: not specified in the filing.
• Transaction code: A = Award/Grant. No 10b5-1 plan, tax-withholding, or cashless exercise noted.

Context

• RSUs are a form of compensation that convert into shares upon vesting; they are not an open‑market purchase or sale. This award increases potential future share ownership if and when the RSUs vest, but it does not reflect an immediate purchase or sale by the director.