Lululemon (LULU) director awarded 1,606 restricted stock units vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bracey Esi Eggleston reported acquisition or exercise transactions in this Form 4 filing.
lululemon athletica inc. director Esi Eggleston Bracey reported receiving an equity award in the form of restricted stock units tied to the company’s common stock. The grant covers 1,606 units at no purchase price and will vest 100% on the earlier of June 25, 2027 or the company’s 2027 annual meeting of stockholders. Following this award, she is shown as holding 1,853 shares of common stock directly, indicating this is a compensation-related grant rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bracey Esi Eggleston
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,606 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,853 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 1,606 units
Transaction price per share: $0.0000
Shares held after transaction: 1,853 shares
+1 more
4 metrics
RSU grant size
1,606 units
Restricted stock units linked to common stock granted to director
Transaction price per share
$0.0000
RSUs granted at no purchase price as compensation
Shares held after transaction
1,853 shares
Direct holding of lululemon common stock following the grant
Vesting date trigger
June 25, 2027
RSUs vest on earlier of this date or 2027 annual meeting
Key Terms
restricted stock units, vests, 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 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
"on the earlier of (a) June 25, 2027, or (b) the date of the Company's 2027 annual meeting of stockholders"
FAQ
What insider transaction did LULU director Esi Eggleston Bracey report?
Esi Eggleston Bracey reported receiving an equity grant linked to lululemon common stock. The award consists of 1,606 restricted stock units granted at no purchase price, reflecting compensation rather than an open-market share purchase.
When do Esi Eggleston Bracey’s new lululemon 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. This means the full award becomes deliverable in shares at that single future vesting event.
What is Esi Eggleston Bracey’s direct lululemon (LULU) holding after this transaction?
After the reported grant, the Form 4 shows Bracey directly holding 1,853 shares of lululemon common stock. This figure reflects her direct ownership position immediately following the grant recorded in the filing.