lululemon CFO has 246 shares withheld for taxes

lululemon athletica inc. reported a routine insider tax transaction involving its CFO & Interim Co-CEO, Meghan Frank.

Rhea-AI Filing Summary

lululemon athletica inc. reported a routine insider tax transaction involving its CFO & Interim Co-CEO, Meghan Frank. On this Form 4, 246 shares of common stock were disposed of at $158.72 per share to cover tax obligations tied to the vesting of restricted stock units, rather than an open-market sale. Following this withholding event, Frank directly holds 30,816 shares of lululemon common stock.

Insider Trade Summary

Exercise Price or Tax Liability: 246 shares

Exercise Price or Tax Liability 1 txn

Insider FRANK MEGHAN

Role CFO & Interim Co-CEO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	246	$158.72	$39K

Holdings After Transaction: Common Stock — 30,816 shares (Direct)

Footnotes (1)

1. F1. Represents shares withheld for tax obligations in connection with vesting of restricted stock units.

FAQ

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

What insider transaction did lululemon (LULU) report for Meghan Frank?

lululemon reported a routine tax-withholding transaction for CFO & Interim Co-CEO Meghan Frank. 246 common shares were disposed of to satisfy tax obligations related to restricted stock unit vesting, rather than through an open-market sale.

How many lululemon (LULU) shares were involved in Meghan Frank’s Form 4 filing?

The filing shows 246 shares of lululemon common stock were disposed of. These shares were withheld by the company to cover tax liabilities triggered by the vesting of restricted stock units awarded to Meghan Frank.

Was Meghan Frank’s lululemon (LULU) transaction an open-market sale?

No, the transaction was not an open-market sale. The 246 shares were withheld by lululemon to pay tax obligations associated with restricted stock unit vesting, a common administrative mechanism rather than a discretionary share sale.

How many lululemon (LULU) shares does Meghan Frank hold after this transaction?

After the tax-withholding transaction, Meghan Frank directly holds 30,816 shares of lululemon common stock. This figure, disclosed in the Form 4, reflects her post-transaction ownership position following the RSU-related share disposition.

What does the F transaction code mean in this lululemon (LULU) Form 4?

The F code indicates shares were disposed of to pay the exercise price or tax liability. Here, 246 shares were withheld specifically to cover tax obligations from vesting restricted stock units, not sold in the open market.

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

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Accepted by SEC EDGAR 03/27/2026 - 04:11 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)
	CFO & Interim Co-CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/25/2026

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)	03/25/2026		F		246	D	$158.72	30,816	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 shares withheld for tax obligations in connection with vesting of restricted stock units.

	/s/ Meghan Frank by Alex Grieve, Attorney-in-Fact	03/27/2026
	** 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)