[Form 4/A] Lulu's Fashion Lounge Holdings, Inc. Amended Insider Trading Activity
Laura Holt, Chief Merchandising Officer of Lulu's Fashion Lounge Holdings, Inc. (LVLU), had 299 shares withheld to satisfy tax withholding upon the vesting of a restricted stock unit award reported with a transaction date of 09/30/2025. The Form 4 amendment corrects the reported post-transaction beneficial ownership to 10,418 shares after the company's 1-for-15 reverse stock split that became effective on 07/07/2025. The withheld shares were reported at a price of $4.7 per share. The amendment states it was filed solely to correct the number of shares shown after the reverse split and does not disclose additional transactions or changes to compensation beyond the RSU vesting.
- Amendment corrects post-split ownership, improving accuracy of insider disclosures
- RSU withholding indicates equity-based compensation alignment with management
- Original Form 4 contained incorrect post-split holdings, requiring an amendment
- Withheld shares (299) reduced the reporting person's direct share count
Insights
Minor disclosure correction clarifies post-split holdings.
The amended Form 4 corrects the reporting of beneficial ownership following the 1-for-15 reverse stock split, bringing the record for the insider to 10,418 shares. Accurate insider reporting is a basic governance requirement and the amendment restores consistency between corporate actions and Section 16 reporting.
This filing does not disclose additional trading or a change in control; it appears limited to a bookkeeping correction related to the split.
RSU vesting resulted in tax-withheld share disposition of 299.
The report states 299 shares were withheld to cover taxes on an RSU vesting; those shares were reported disposed at $4.7 per share. Withheld-share dispositions on vesting are routine and reflect compensation settlement rather than open-market selling.
No new awards, exercises, or cash transactions beyond the withholding are disclosed.