Lululemon executive shares withheld for taxes
lululemon athletica inc.
Rhea-AI Filing Summary
lululemon athletica inc. Chief Brand Officer Nicole Neuburger reported a small insider transaction related to equity compensation. On the vesting of restricted stock units, 224 shares of common stock were withheld at $158.72 per share to cover tax obligations. Following this tax-withholding disposition, she directly holds 18,573 shares of lululemon common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 224 shares
Exercise Price or Tax Liability
1 txn
Insider
NEUBURGER NICOLE
Role
Chief Brand Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 224 | $158.72 | $36K |
Holdings After Transaction:
Common Stock — 18,573 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld for tax obligations in connection with vesting of restricted stock units.
FAQ
What insider transaction did LULU executive Nicole Neuburger report?
Nicole Neuburger reported a small tax-related disposition of shares. In connection with restricted stock unit vesting, 224 lululemon common shares were withheld to satisfy tax obligations, rather than being sold in the open market, and she continues to hold a meaningful direct stake.
Was Nicole Neuburger’s LULU transaction an open-market sale?
No, the filing specifies the transaction as shares withheld for tax obligations. The 224 lululemon shares were used to pay taxes on restricted stock unit vesting, rather than being sold on the open market for cash proceeds.
AI-generated analysis. How Rhea-AI works. Not financial advice.