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  4. [Form 4] lululemon athletica inc. Insider Trading Activity

Lululemon (NASDAQ: LULU) awards 1,606 RSUs to director Teri List

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

List Teri reported acquisition or exercise transactions in this Form 4 filing.

lululemon athletica inc. director Teri List received a grant of 1,606 restricted stock units, each representing 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. Following this compensation grant, she holds 2,839 shares directly.

Positive

  • None.

Negative

  • None.
Insider List Teri
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,606 $0.00 --
Holdings After Transaction: Common Stock — 2,839 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 1,606 units Restricted stock units granted to director Teri List
Vesting date June 25, 2027 RSUs vest 100% on earlier of this date or 2027 annual meeting
Post-transaction holdings 2,839 shares Total lululemon common shares held directly after grant
Grant price per share $0.00 Equity compensation; no cash paid for the RSUs
restricted stock units financial
"The reporting person received 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.
vests financial
"and vests as to 100% on the earlier of (a) June 25, 2027"
annual meeting of stockholders financial
"or (b) the date of the Company's 2027 annual meeting of stockholders."
Common Stock financial
"Each restricted stock unit represents the right to receive one share of 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.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
List Teri
(Last)(First)(Middle)
C/O LULULEMON ATHLETICA INC.
1818 CORNWALL AVENUE
(Street)
VANCOUVERV6J 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/25/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock(1)06/25/2026A1,606A$02,839D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
/s/ Teri List by Alex Grieve, Attorney-in-Fact06/29/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did LULU director Teri List report on this Form 4?

Teri List reported receiving 1,606 restricted stock units as equity compensation. Each unit represents one share of lululemon common stock and was granted at no cash cost, increasing her direct holdings to 2,839 shares after the transaction.

Are the LULU shares in this Form 4 an open-market purchase or a grant?

The shares are from a grant of restricted stock units, not an open-market purchase. The Form 4 classifies the transaction with code A, meaning a grant, award, or other acquisition issued as compensation rather than a voluntary buy in the market.

When do Teri List’s 1,606 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. Vesting must occur before she actually receives the underlying common shares.

How many LULU shares does Teri List hold after this Form 4 transaction?

After the grant, Teri List holds 2,839 shares of lululemon common stock directly. This total reflects her position immediately following the award and helps show the scale of the grant relative to her overall share ownership.

What does transaction code A mean in this LULU Form 4 filing?

Transaction code A denotes a grant, award, or other acquisition of securities. In this filing, it indicates that Teri List received 1,606 restricted stock units as part of her director compensation, rather than buying or selling shares on the open market.