lululemon athletica (LULU) director gets 1,606 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Maurer Marc reported acquisition or exercise transactions in this Form 4 filing.
lululemon athletica inc. director Marc Maurer reported receiving an equity award of 1,606 shares of common stock in the form of restricted stock units. These units vest 100% on the earlier of June 25, 2027, or the company’s 2027 annual meeting of stockholders, so this is compensation rather than an open‑market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Maurer Marc
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,606 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,606 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 1,606 units
Price per share: $0.00 per share
Shares after transaction: 1,606 shares
+1 more
4 metrics
RSU grant size
1,606 units
Restricted stock units granted to director Marc Maurer
Price per share
$0.00 per share
Equity award granted at no cash cost
Shares after transaction
1,606 shares
Total common shares reported following the grant
Vesting date trigger
June 25, 2027
100% vesting on earlier of this date or 2027 annual meeting
Key Terms
restricted stock units, vests as to 100%, annual meeting of stockholders
3 terms
restricted stock units financial
"The reporting person received restricted stock units. Each restricted stock unit represents the right to receive one share of common stock"
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.
vests as to 100% financial
"and vests as to 100% on the earlier of (a) June 25, 2027, or (b) the date of the Company's 2027 annual meeting"
annual meeting of stockholders financial
"the earlier of (a) June 25, 2027, or (b) the date of the Company's 2027 annual meeting of stockholders"
FAQ
What did Marc Maurer receive in this lululemon (LULU) Form 4 filing?
Marc Maurer received an award of 1,606 restricted stock units, each representing one share of lululemon common stock. The award is compensation and was not acquired through an open-market purchase or sale transaction.
When do Marc Maurer’s newly granted lululemon (LULU) restricted stock units vest?
The restricted stock units vest 100% on the earlier of June 25, 2027, or the date of lululemon’s 2027 annual meeting of stockholders. At that time, each vested unit entitles him to receive one share of common stock.
What does a transaction code "A" mean in this lululemon (LULU) Form 4?
Transaction code "A" indicates a grant, award, or other acquisition of securities, rather than a market trade. In this case, it represents restricted stock units granted to Marc Maurer as part of his compensation, with future vesting conditions.