Director Jon McNeill at lululemon (LULU) awarded 1,606 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McNeill Jon reported acquisition or exercise transactions in this Form 4 filing.
lululemon athletica inc. disclosed that director Jon McNeill received a grant of 1,606 restricted stock units, each representing 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.
Following this equity grant, McNeill’s direct holdings total 10,928 shares of common stock, reflecting a routine stock-based compensation award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McNeill Jon
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,606 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 10,928 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock units granted: 1,606 units
Shares held after transaction: 10,928 shares
Vesting date trigger: June 25, 2027
3 metrics
Restricted stock units granted
1,606 units
Award to director Jon McNeill on June 25, 2026
Shares held after transaction
10,928 shares
Direct holdings of Jon McNeill following the grant
Vesting date trigger
June 25, 2027
RSUs vest 100% on earlier of this date or 2027 annual meeting
Key Terms
restricted stock units, vests, annual meeting of stockholders, Common Stock
4 terms
restricted stock units financial
"The reporting person received restricted stock units. Each restricted stock unit represents the right to receive one share"
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.
FAQ
What insider transaction did Jon McNeill report for lululemon (LULU)?
Director Jon McNeill reported receiving 1,606 restricted stock units from lululemon athletica inc. The units are stock-based compensation, not an open-market purchase, and each unit represents the right to receive one share of the company’s common stock at vesting.
When do Jon McNeill’s 1,606 lululemon restricted stock units vest?
The 1,606 restricted stock units granted to Jon McNeill vest 100% on the earlier of June 25, 2027, or the date of lululemon’s 2027 annual meeting of stockholders. Vesting timing is tied to this future date or the shareholder meeting.
What does each restricted stock unit granted to Jon McNeill represent?
Each restricted stock unit granted to Jon McNeill represents the right to receive one share of lululemon common stock upon vesting. This structure is typical for director compensation, aligning board members’ interests with shareholders through future equity rather than immediate cash payments.
Was Jon McNeill’s lululemon award an open-market stock purchase?
No, Jon McNeill’s transaction was classified as a grant or award acquisition, not an open-market stock purchase. He received 1,606 restricted stock units at no stated purchase price, consistent with stock-based compensation rather than a discretionary buy on the public market.