Lululemon athletica (LULU) director granted 1,606 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bergh Charles V reported acquisition or exercise transactions in this Form 4 filing.
lululemon athletica inc. director Charles V. Bergh reported an equity compensation grant in the form of restricted stock units tied to the company’s common stock. He received 1,606 restricted stock units, each representing one share of common stock, at a stated price of $0.00 per unit.
These units vest 100% on the earlier of June 25, 2027, or the date of the company’s 2027 annual meeting of stockholders. Following the grant, Bergh holds 1,878 shares of common stock directly and 10,365 shares indirectly through the Charles and Juliet Bergh Revocable Trust dated May 5, 2013.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bergh Charles V
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,606 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,878 shares (Direct, null);
Common Stock — 10,365 shares (Indirect, By Trust)
Footnotes (1)
- The reporting person received restricted stock units. Each restricted stock unit represents the right to receive one share of common stock and vests as to 100% on the earlier of (a) June 25, 2027, or (b) the date of the Company's 2027 annual meeting of stockholders. The shares are held by the Charles and Juliet Bergh Revocable Trust dated May 5, 2013.
Key Figures
RSU grant size: 1,606 units
Grant price: $0.00 per unit
Direct holdings after grant: 1,878 shares
+2 more
5 metrics
RSU grant size
1,606 units
Restricted stock units granted to Charles V. Bergh
Grant price
$0.00 per unit
Stated price for the RSU award
Direct holdings after grant
1,878 shares
Common stock held directly after the transaction
Indirect trust holdings
10,365 shares
Common stock held indirectly by Charles and Juliet Bergh Revocable Trust
Vesting date
June 25, 2027
RSUs vest 100% on earlier of this date or 2027 annual meeting
Key Terms
restricted stock units, Grant, award, or other acquisition, Revocable Trust, annual meeting of stockholders
4 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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Revocable Trust financial
"The shares are held by the Charles and Juliet Bergh Revocable Trust dated May 5, 2013"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
annual meeting of stockholders financial
"vests as to 100% on the earlier of (a) June 25, 2027, or (b) the date of the Company's 2027 annual meeting of stockholders"
FAQ
What did lululemon (LULU) director Charles V. Bergh report in this Form 4?
Charles V. Bergh reported receiving 1,606 restricted stock units linked to lululemon common stock as equity compensation. Each unit represents one share of common stock and will convert into shares once the vesting conditions are satisfied according to the award terms.
When do Charles V. Bergh’s new lululemon (LULU) restricted stock units vest?
The 1,606 restricted stock units vest 100% on the earlier of June 25, 2027, or the date of lululemon’s 2027 annual meeting of stockholders. At vesting, each unit entitles Bergh to receive one share of lululemon common stock.