Form 4: Lululemon Executive Celeste Burgoyne Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Celeste Burgoyne, President Americas & Global Guest at Lululemon Athletica Inc., reported disposing of 364 shares of common stock to cover tax obligations related to vesting restricted stock units on March 25, 2025.
Summary
- On March 25, 2025, Celeste Burgoyne, President Americas & Global Guest at Lululemon Athletica Inc., disposed of 364 shares of common stock.
- The transaction was executed to cover tax obligations associated with the vesting of restricted stock units.
- The shares were sold at a price of $337.35 per share.
- Following the transaction, Burgoyne directly owns 12,065 shares of Lululemon common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing represents a routine transaction for tax purposes and doesn't indicate a significant change in the executive's holdings or company outlook.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction appears to be a standard tax-related stock disposal, common when restricted stock units vest.
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, Stock Disposal, Celeste Burgoyne, Tax Obligations, Restricted Stock Units, Insider Trading
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