Form 4: Lulu's Fashion Lounge Holdings CEO Crystal Landsem Reports Tax Withholding Transaction
SEC Form 4 Filing
Crystal Landsem, CEO of Lulu's Fashion Lounge Holdings, reports the withholding of shares to cover tax obligations upon vesting of a restricted stock unit award.
Summary
- On June 30, 2024, Crystal Landsem, the CEO of Lulu's Fashion Lounge Holdings, Inc., had 67,888 shares of common stock withheld to cover tax obligations.
- This was due to the vesting of a restricted stock unit award.
- The price per share was $1.85.
- Following the transaction, Landsem beneficially owns 2,123,616 shares of common stock directly.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so it doesn't inherently indicate positive or negative sentiment. It's a neutral event.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction has a minor impact on the total outstanding shares, but is unlikely to significantly affect shareholders.
Key Dates
| Date | Description |
|---|---|
| 06/30/2024 | Date of the transaction where shares were withheld for tax obligations. |
| 07/02/2024 | Date of signature on the Form 4 filing. |
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