Form 4: Lululemon Director Donates 6,500 Shares to Charity

Lululemon Athletica Inc. Director Martha A.M. Morfitt reported a charitable donation of 6,500 shares of common stock.

Summary

• Martha A.M. Morfitt, a Director of lululemon athletica inc., reported a transaction involving the company's common stock.
• On December 19, 2025, Morfitt donated 6,500 shares of directly owned common stock.
• The shares were gifted to a donor-advised fund, which will use them for charitable purposes.
• Following this transaction, Morfitt directly beneficially owns 86,990 shares of common stock.
• Additionally, Morfitt indirectly beneficially owns 750 shares through irrevocable grantor trusts for her children and 500 shares through her spouse.

Sentiment

Score: 6

Explanation: A director's charitable donation of shares is a neutral to slightly positive event, reflecting philanthropy without directly impacting company operations or financial performance. The reduction in direct ownership is offset by the positive public relations aspect.

Positives

• The donation of shares to a donor-advised fund for charitable purposes reflects positively on the director's philanthropic activities and potentially on the company's broader corporate social responsibility image.

Negatives

• The direct beneficial ownership of the reporting person decreased by 6,500 shares.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing reports an individual director's personal transaction and does not provide information related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: A minor reduction in a director's direct ownership, which is unlikely to have a material impact on the company's stock or overall shareholder value.
• Charitable Organizations: The donor-advised fund and its beneficiaries will receive the benefit of the gifted shares, supporting their charitable missions.

Key Dates

Recommendation

This Form 4 filing reports a routine charitable donation of shares by a director and does not contain information that would warrant a change in investment recommendation. The transaction is a personal financial decision and does not reflect on the operational performance or future prospects of lululemon athletica inc.

Keywords

lululemon athletica, LULU, Martha A.M. Morfitt, Director, SEC Form 4, beneficial ownership, share donation, charitable giving, insider transaction