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 March 31, 2025, Crystal Landsem, the CEO of Lulu's Fashion Lounge Holdings, Inc. (LVLU), had shares withheld to cover tax obligations.
- A total of 63,456 shares of common stock were disposed of at a price of $0.4.
- Following the transaction, Landsem beneficially owns 1,992,423 shares of Lulu's Fashion Lounge Holdings, Inc.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, which is neutral in sentiment. The CEO still holds a significant number of shares.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to the vesting of restricted stock units, which is a common practice in executive compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard procedure for covering tax obligations related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: shares withheld for tax obligations. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Lulu's Fashion Lounge Holdings, Crystal Landsem, CEO, Tax Withholding, Beneficial Ownership, LVLU
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