Lululemon exec has 220 shares withheld for taxes

lululemon athletica inc. executive Andre Maestrini, Pres, CCO & Interim Co-CEO, had 220 shares of common stock withheld on March 25, 2026 to cover tax obligations tied to vesting restricted stock units.

Accepted by SEC EDGAR 03/27/2026 - 04:10 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

lululemon athletica inc. executive Andre Maestrini, Pres, CCO & Interim Co-CEO, had 220 shares of common stock withheld on March 25, 2026 to cover tax obligations tied to vesting restricted stock units. This was a tax-withholding disposition, not an open-market sale, and Maestrini now directly holds 29,371 shares of lululemon common stock.

Insider Trade Summary

Exercise Price or Tax Liability: 220 shares

Exercise Price or Tax Liability 1 txn

Insider MAESTRINI ANDRE

Role Pres, CCO & Interim Co-CEO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	220	$158.72	$35K

Holdings After Transaction: Common Stock — 29,371 shares (Direct)

Holdings Before and After: Common Stock, 29,591 to 29,371 shares (Direct)

Footnotes (1)

1. F1. Represents shares withheld for tax obligations in connection with vesting of restricted stock units.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did lululemon (LULU) report for Andre Maestrini?

Andre Maestrini had 220 lululemon shares withheld to cover tax obligations from vesting restricted stock units. This was reported as a tax-withholding disposition, not an open-market trade, and reflects routine equity compensation processing rather than a discretionary stock sale.

How many lululemon (LULU) shares were involved in Andre Maestrini’s latest Form 4?

The filing shows 220 shares of lululemon common stock were withheld. These shares covered tax obligations arising from restricted stock unit vesting, according to the footnote, rather than being bought or sold on the open market by the executive.

Did Andre Maestrini sell lululemon (LULU) stock in this Form 4 filing?

No open-market sale occurred; 220 shares were withheld for taxes on RSU vesting. The transaction used code F, which indicates payment of tax liability by delivering securities, and is generally considered a routine administrative equity compensation event.

How many lululemon (LULU) shares does Andre Maestrini hold after this transaction?

Following the tax-withholding disposition, Andre Maestrini directly holds 29,371 shares of lululemon common stock. This post-transaction balance is disclosed in the Form 4 and provides context on his remaining equity stake after the RSU-related tax withholding.

What does transaction code F mean in the lululemon (LULU) Form 4 for Andre Maestrini?

Transaction code F indicates shares were delivered to satisfy exercise price or tax liabilities. In this case, 220 shares were withheld specifically for tax obligations connected to vesting restricted stock units, rather than representing a discretionary purchase or sale in the market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MAESTRINI ANDRE

(Last) (First) (Middle)

C/O LULULEMON ATHLETICA INC.

1818 CORNWALL AVENUE

(Street)

VANCOUVER V6J 1C7

(City) (State) (Zip)

BRITISH COLUMBIA, CANADA

(Country)

2. Issuer Name and Ticker or Trading Symbol
lululemon athletica inc. [ LULU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Pres, CCO & Interim Co-CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/25/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	03/25/2026		F		220	D	$158.72	29,371	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld for tax obligations in connection with vesting of restricted stock units.

	s/ Andre Maestrini by Alex Grieve, Attorney-in-Fact	03/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)