lululemon CFO receives 42,328-unit stock grant

Each restricted stock unit converts into one common share under the award terms.

Rhea-AI Filing Summary

Lululemon Athletica Inc. (LULU) reported that Chief Financial Officer Meghan Frank acquired 42,328 restricted stock units on October 9, 2026. The units vest 20% on each of October 9, 2027, October 9, 2028, October 9, 2029, October 9, 2030, and October 9, 2031, provided Frank has neither voluntarily resigned nor been terminated for cause before the applicable vesting date. The reported direct post-transaction total was 74,292 shares.

Insider Trade Summary

Grant/Award: 42,328 shares

Grant/Award 1 txn

Insider FRANK MEGHAN

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	42,328	$0.00	$0.00

Holdings After Transaction: Common Stock — 74,292 shares (Direct)

Footnotes (1)

1. F1. Represents restricted stock units, each of which converts into one share of common stock on a one-for-one basis. The restricted stock units vest as to 20% on each of October 9, 2027, October 9, 2028, October 9, 2029, October 9, 2030 and October 9, 2031, subject to the reporting person not resigning voluntarily or being terminated for cause before the applicable vesting date.

Key Figures

Restricted stock units acquired: 42,328 restricted stock units Reported shares following transaction: 74,292 shares Vesting installment: 20% +1 more

4 metrics

Restricted stock units acquired 42,328 restricted stock units October 9, 2026

Reported shares following transaction 74,292 shares Direct position following the October 9, 2026 transaction

Vesting installment 20% On each of October 9, 2027, October 9, 2028, October 9, 2029, October 9, 2030, and October 9, 2031

Restricted stock unit conversion 1 common share per restricted stock unit One-for-one conversion

Key Terms

restricted stock units, one-for-one basis, vest

3 terms

restricted stock units financial

"Represents restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

one-for-one basis financial

"converts into one share of common stock on a one-for-one basis"

vest financial

"vest as to 20% on each of October 9, 2027"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

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

How many LULU restricted stock units did Chief Financial Officer Meghan Frank acquire?

Meghan Frank acquired 42,328 restricted stock units on October 9, 2026. Each unit converts into one common share; 20% vests on each of October 9, 2027, October 9, 2028, October 9, 2029, October 9, 2030, and October 9, 2031, subject to the stated resignation and termination-for-cause conditions.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 10/13/2026 - 05:41 PM EDT Accepted by SEC EDGAR 10/13/2026 - 05:41 PM EDT Learn about SEC filing dates

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^*

FRANK MEGHAN

(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)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/09/2026

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)	10/09/2026		A		42,328	A	$0	74,292	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 restricted stock units, each of which converts into one share of common stock on a one-for-one basis. The restricted stock units vest as to 20% on each of October 9, 2027, October 9, 2028, October 9, 2029, October 9, 2030 and October 9, 2031, subject to the reporting person not resigning voluntarily or being terminated for cause before the applicable vesting date.

	/s/ Meghan Frank by Alex Grieve, Attorney-in-Fact	10/13/2026
	** 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)