LVLU (LVLU) CEO has shares withheld to cover RSU tax obligations
Rhea-AI Filing Summary
Lulu's Fashion Lounge Holdings, Inc. Chief Executive Officer Crystal Landsem reported a routine share disposition related to taxes. On March 31, 2026, 4,549 shares of common stock were withheld by the company at $12.72 per share to cover tax obligations upon the vesting of a restricted stock unit award. After this tax-withholding event, Landsem directly held 123,871 shares of common stock. The filing also notes a correction to previously reported share amounts to fix a rounding error.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,549 shares
Net Sell
1 txn
Insider
Landsem Crystal
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 4,549 | $12.72 | $58K |
Holdings After Transaction:
Common Stock — 123,871 shares (Direct)
Footnotes (2)
- F1. Represents shares withheld by Lulu's Fashion Lounge Holdings, Inc. to cover tax withholding obligations upon the vesting of a restricted stock unit award on March 31, 2026.
- F2. We have adjusted the number of shares reported by the Reporting Person to correct a rounding error.
Key Figures
Shares withheld for taxes: 4,549 shares
Tax withholding share value: $12.72 per share
Shares held after transaction: 123,871 shares
+2 more
5 metrics
Shares withheld for taxes
4,549 shares
Tax withholding on RSU vesting, March 31, 2026
Tax withholding share value
$12.72 per share
Value used for tax-withholding disposition
Shares held after transaction
123,871 shares
Direct LVLU common stock ownership after withholding
Tax-withholding events
1 event
Single F-code tax-withholding disposition reported
Tax-withholding shares total
4,549 shares
Total tax-withholding shares per transaction summary
Key Terms
restricted stock unit award, tax withholding obligations, Chief Executive Officer, tax-withholding disposition
4 terms
restricted stock unit award financial
"upon the vesting of a restricted stock unit award on March 31, 2026"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
tax withholding obligations financial
"to cover tax withholding obligations upon the vesting of a restricted stock unit award"
Chief Executive Officer financial
"Landsem Crystal, Chief Executive Officer"
A chief executive officer (CEO) is the top leader of a company, responsible for making major decisions, setting goals, and guiding the organization’s overall direction. Think of the CEO as the captain of a ship, steering it toward success. Investors pay close attention to the CEO because their leadership and strategy can significantly influence the company's performance and future growth.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did LVLU CEO Crystal Landsem report?
Crystal Landsem reported a routine tax-related disposition. Lulu's Fashion Lounge withheld 4,549 common shares on March 31, 2026 to cover tax obligations triggered by a restricted stock unit vesting, rather than an open-market sale or discretionary trade.
Was there any correction included in this LVLU Form 4 filing?
Yes. The filing states the number of shares reported for the reporting person was adjusted to correct a rounding error. This clarification ensures the disclosed post-transaction holdings accurately reflect Crystal Landsem’s direct common stock position.