Lululemon exec has 357 shares withheld for taxes

lululemon athletica inc. executive Andre Maestrini reported a routine tax-related share disposition.

Rhea-AI Filing Summary

lululemon athletica inc. executive Andre Maestrini reported a routine tax-related share disposition. On the vesting of restricted stock units, 357 shares of common stock were withheld at $153.10 per share to cover tax obligations. Following this withholding, Maestrini directly holds 31,276 shares of lululemon common stock.

Insider Trade Summary

Exercise Price or Tax Liability: 357 shares

Exercise Price or Tax Liability 1 txn

Insider MAESTRINI ANDRE

Role Pres, CCO & Interim Co-CEO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	357	$153.10	$55K

Holdings After Transaction: Common Stock — 31,276 shares (Direct)

Footnotes (1)

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

Key Figures

Shares withheld for taxes: 357 shares Withholding price per share: $153.10 per share Shares held after transaction: 31,276 shares +1 more

4 metrics

Shares withheld for taxes 357 shares Tax-withholding disposition on RSU vesting

Withholding price per share $153.10 per share Value used for tax-withholding shares

Shares held after transaction 31,276 shares Direct holdings following tax withholding

Transaction date 2026-03-31 Date of tax-withholding disposition

Key Terms

restricted stock units, tax obligations, tax-withholding disposition, Common Stock

4 terms

restricted stock units financial

"in connection with vesting of restricted stock units"

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.

tax obligations financial

"Represents shares withheld for tax obligations"

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

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

What insider transaction did LULU executive Andre Maestrini report?

Andre Maestrini reported a routine tax-related share disposition. 357 shares of lululemon common stock were withheld at $153.10 per share to satisfy tax obligations tied to vesting restricted stock units, leaving him with 31,276 directly held shares.

Does Andre Maestrini’s Form 4 for LULU indicate an open-market stock sale?

The Form 4 does not show an open-market sale. It reports 357 shares withheld for tax obligations in connection with restricted stock unit vesting, a standard non-market transaction coded as tax-withholding disposition, with Maestrini retaining 31,276 common shares afterward.

How many lululemon (LULU) shares were withheld for Andre Maestrini’s taxes?

A total of 357 lululemon common shares were withheld. The shares were retained by the company at $153.10 per share to cover Maestrini’s tax obligations arising from restricted stock unit vesting, rather than being sold into the open market.

How many lululemon (LULU) shares does Andre Maestrini hold after this filing?

After the tax-withholding disposition, Andre Maestrini directly holds 31,276 shares of lululemon common stock. This figure reflects his position following the withholding of 357 shares to cover tax obligations related to restricted stock unit vesting.

What does transaction code F mean in Andre Maestrini’s LULU Form 4?

Transaction code F on Maestrini’s Form 4 indicates a tax-withholding disposition. In this case, 357 shares of lululemon common stock were withheld to pay taxes linked to restricted stock unit vesting, instead of representing a discretionary open-market sale.

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

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Accepted by SEC EDGAR 04/02/2026 - 06:20 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^*

MAESTRINI ANDRE

(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)
	Pres, CCO & Interim Co-CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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)	03/31/2026		F		357	D	$153.1	31,276	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/ Andre Maestrini by Alex Grieve, Attorney-in-Fact	04/02/2026
	** 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)