Director Laura Gentile receives 1,606-share RSU grant at lululemon (LULU)
Rhea-AI Filing Summary
Gentile Laura reported acquisition or exercise transactions in this Form 4 filing.
lululemon athletica inc. director Laura Gentile reported receiving an equity award of 1,606 shares of common stock in the form of restricted stock units. These units carry no cash purchase price and each unit represents the right to receive one share of common stock.
The award vests 100% on the earlier of June 25, 2027 or the company’s 2027 annual meeting of stockholders. After this grant, Gentile directly owns 2,606 shares of lululemon common stock, reflecting her updated reported stake as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,606 | $0.00 | -- |
Footnotes (1)
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Key Figures
Key Terms
restricted stock units financial
vests as to 100% financial
annual meeting of stockholders financial
Grant, award, or other acquisition financial
FAQ
What insider transaction did LULU director Laura Gentile report?
Laura Gentile reported receiving an equity award of 1,606 restricted stock units of lululemon athletica inc.. Each unit represents one share of common stock, granted as compensation rather than purchased in the open market.
When do Laura Gentile’s newly granted LULU restricted stock units vest?
The 1,606 restricted stock units granted to Laura Gentile vest 100% on the earlier of June 25, 2027, or the date of lululemon’s 2027 annual meeting of stockholders, according to the filing footnote.
Was Laura Gentile’s LULU Form 4 transaction a market purchase or sale?
The Form 4 reports a grant of restricted stock units, not a market purchase or sale. The transaction code “A” reflects a grant, award, or other acquisition of stock-based compensation from the company.
What does each restricted stock unit in Laura Gentile’s LULU award represent?
Each restricted stock unit in the 1,606-unit award represents the right to receive one share of lululemon common stock. The units convert into shares once they vest under the specified schedule in the footnote.