Form 4: Lululemon Executive Andre Maestrini Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
EVP of International at Lululemon, Andre Maestrini, reports disposing of 220 common stock shares to cover tax obligations related to vesting restricted stock units on March 25, 2025.
Summary
- On March 25, 2025, Andre Maestrini, EVP of International at Lululemon Athletica Inc., disposed of 220 shares of common stock.
- The transaction was executed to cover tax obligations related to the vesting of restricted stock units.
- The price per share was $337.35.
- Following the transaction, Maestrini directly owns 8,527 shares of Lululemon common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't indicate a change in the executive's confidence in the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations from vested stock, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 03/25/2025 | Date of stock disposal transaction. |
| 03/27/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Lululemon, Andre Maestrini, Stock Disposal, Tax Obligations, Restricted Stock Units, LULU, EVP International
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