Lululemon officer sells 13,511 shares in open-market trades

lululemon athletica inc. officer Celeste Burgoyne, President Americas & Global Guest, reported open-market sales of company stock.

Rhea-AI Filing Summary

lululemon athletica inc. officer Celeste Burgoyne, President Americas & Global Guest, reported open-market sales of company stock. On 12/16/2025, she sold 1,906 shares of common stock at a weighted average price of $203.48 per share and 11,605 shares at a weighted average price of $204.08 per share, for total reported sales of 13,511 shares that day. After these transactions, she directly beneficially owned 5,318 shares of lululemon common stock. The prices reflect multiple trades within narrow ranges, as detailed in the footnotes.

Insider Trade Summary

Net Seller: 13,511 shares

Net Sell 2 txns

Insider BURGOYNE CELESTE

Role Pres Americas & Global Guest

Sold 13,511 shs ($2.76M)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,906	$203.48	$388K
Sale	Common Stock	11,605	$204.08	$2.37M

Holdings After Transaction: Common Stock — 5,318 shares (Direct)

Footnotes (2)

1. F1. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $203.41 to $203.53, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges stated in this footnote.
2. F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $203.55 to $204.53, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges stated in this footnote.

FAQ

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

What insider transaction did LULU report in this Form 4?

The filing reports that officer Celeste Burgoyne, President Americas & Global Guest at lululemon athletica inc., sold shares of the company’s common stock in open-market transactions.

How many lululemon (LULU) shares did Celeste Burgoyne sell?

On 12/16/2025, she sold 1,906 shares in one transaction and 11,605 shares in another, for total reported sales of 13,511 shares of lululemon common stock.

At what prices were the LULU shares sold by the reporting officer?

The 1,906 shares were sold at a weighted average price of $203.48 per share, with actual prices ranging from $203.41 to $203.53. The 11,605 shares were sold at a weighted average price of $204.08, with prices ranging from $203.55 to $204.53.

How many LULU shares does Celeste Burgoyne own after these sales?

Following the reported transactions on 12/16/2025, Celeste Burgoyne directly beneficially owned 5,318 shares of lululemon athletica inc. common stock.

Does the Form 4 indicate any derivative securities for this LULU insider?

The section for derivative securities shows no derivative transactions reported for Celeste Burgoyne in this filing.

What do the weighted average prices mean in the LULU insider sale?

Each weighted average price reflects multiple trades. For the $203.48 sale, trades occurred between $203.41 and $203.53. For the $204.08 sale, trades occurred between $203.55 and $204.53, as explained in the footnotes.

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

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Accepted by SEC EDGAR 12/18/2025 - 04:02 PM EST 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^*

BURGOYNE CELESTE

(Last) (First) (Middle)

C/O LULULEMON ATHLETICA INC.

1818 CORNWALL AVE

(Street)

VANCOUVER A1 V6J 1C7

(City) (State) (Zip)

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 Americas & Global Guest

3. Date of Earliest Transaction (Month/Day/Year)
12/16/2025

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

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

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

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	12/16/2025		S		1,906	D	$203.48(1)	16,923	D
Common Stock	12/16/2025		S		11,605	D	$204.08(2)	5,318	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. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $203.41 to $203.53, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges stated in this footnote.

2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $203.55 to $204.53, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges stated in this footnote.

	/s/ Celeste Burgoyne by Alex Grieve, Attorney-in-Fact	12/17/2025
	** 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.