Director Jon McNeill receives 355 lululemon (LULU) RSUs in lieu of cash fees

Rhea-AI Filing Summary

McNeill Jon reported acquisition or exercise transactions in this Form 4 filing.

lululemon athletica inc. director Jon McNeill received a grant of 355 shares of Common Stock as a stock-based award. The grant was made at no cash cost to him and is structured as restricted stock units issued under the company’s Non-Employee Director Compensation Plan in lieu of $58,750 of retainer fees.

Each RSU represents one share of common stock and vests in four equal installments on the last day of each fiscal quarter, subject to Mr. McNeill’s continued service. Following this award, he holds 9,322 shares of lululemon common stock directly, making the transaction a routine compensation-related equity grant rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider McNeill Jon

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	355	$0.00	--

Holdings After Transaction: Common Stock — 9,322 shares (Direct)

Footnotes (1)

1. [object Object]

Form 4 Insider Transactions: What Each Field Means →

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^*

McNeill Jon

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

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)	03/19/2026		A		355	A	$0	9,322	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. RSUs granted to the reporting person under lululemon athletica inc.'s Non-Employee Director Compensation Plan in lieu of $58,750 of retainer fees. Each RSU is the right to receive one share of common stock and vests in four equal installments on the last day of each fiscal quarter, subject to continued service.

	/s/ Jon McNeill by Alex Grieve, Attorney-in-Fact	03/23/2026
	** 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)

FAQ

What did lululemon (LULU) director Jon McNeill report in this Form 4?

Jon McNeill reported receiving 355 shares of lululemon common stock as a stock-based award. These were granted as restricted stock units in lieu of cash director fees and are part of his routine non-employee director compensation, not an open-market share purchase.

How many lululemon (LULU) shares did Jon McNeill receive and at what price?

Jon McNeill received 355 shares of lululemon common stock, recorded at a per-share transaction price of $0.00. This reflects a compensation grant of restricted stock units rather than a market trade, since the award was issued instead of paying cash director retainer fees.

What is the vesting schedule for Jon McNeill’s new lululemon (LULU) RSUs?

The 355 restricted stock units granted to Jon McNeill vest in four equal installments. Each installment vests on the last day of each fiscal quarter, and vesting is conditioned on his continued service as a non-employee director of lululemon during the vesting period.

Why did lululemon (LULU) grant RSUs to Jon McNeill instead of cash?

The RSUs were granted under lululemon’s Non-Employee Director Compensation Plan in lieu of $58,750 in retainer fees. This structure compensates the director with equity instead of cash, aligning part of his compensation with the company’s stock performance over time.

How many lululemon (LULU) shares does Jon McNeill own after this RSU grant?

After receiving the 355-share restricted stock unit award, Jon McNeill directly holds 9,322 shares of lululemon common stock. This figure reflects his ownership position reported in the Form 4 following the compensation-related equity grant under the company’s director compensation plan.

Is Jon McNeill’s lululemon (LULU) Form 4 a buy or a routine grant?

The Form 4 reflects a routine grant, not an open-market buy. The transaction is coded as an acquisition via grant or award, consisting of 355 restricted stock units issued in lieu of cash retainer fees under lululemon’s Non-Employee Director Compensation Plan.