Lulu's (LVLU) CFO covers RSU tax obligations with 5,026 shares
Rhea-AI Filing Summary
Lulu's Fashion Lounge Holdings, Inc. Chief Financial Officer Heidi Crane reported a routine tax-related share disposition. On March 31, 2026, 5,026 shares of common stock were withheld by the company to cover tax withholding obligations when a restricted stock unit award vested. After this tax-withholding transaction, she directly held 29,811 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,026 shares
Net Sell
1 txn
Insider
Crane Heidi
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 5,026 | $12.72 | $64K |
Holdings After Transaction:
Common Stock — 29,811 shares (Direct)
Footnotes (1)
- 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.
Key Figures
Shares withheld for taxes: 5,026 shares
Withholding price per share: $12.72 per share
Shares held after transaction: 29,811 shares
+1 more
4 metrics
Shares withheld for taxes
5,026 shares
Common stock withheld on March 31, 2026 for RSU tax obligations
Withholding price per share
$12.72 per share
Value used for tax-withholding disposition of 5,026 shares
Shares held after transaction
29,811 shares
Directly held LVLU common stock following tax withholding
Tax-withholding shares count
5,026 shares
Reported as tax-withholding disposition in Form 4 summary
Key Terms
restricted stock unit, tax withholding obligations, tax-withholding disposition, Form 4
4 terms
restricted stock unit financial
"upon the vesting of a restricted stock unit award on March 31, 2026"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax withholding obligations financial
"to cover tax withholding obligations upon the vesting of a restricted stock unit award"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did LVLU CFO Heidi Crane report in this Form 4?
LVLU Chief Financial Officer Heidi Crane reported a tax-related share disposition. The company withheld 5,026 common shares to cover tax obligations when a restricted stock unit award vested, leaving her with 29,811 directly held shares afterward.