Form 4: Teri List Reports Changes in Beneficial Ownership of Lululemon Athletica Inc.

Teri List, a director of Lululemon Athletica Inc., reports the acquisition and disposal of common stock on June 7, 2024, related to a restricted stock award.

Summary

• On June 7, 2024, Teri List, a director of Lululemon Athletica Inc., acquired 503 shares of common stock.
• These shares were acquired as part of a restricted stock award.
• The price of the acquired shares was $0.
• The restricted stock award will vest 100% on the earlier of June 7, 2025, or the date of the company's 2025 annual meeting of stockholders.
• The reporting person also disposed of 599 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any particularly positive or negative sentiment.

Future Outlook

The restricted stock award will vest on the earlier of June 7, 2025, or the date of the company's 2025 annual meeting of stockholders.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like Lululemon. It reflects standard practices for aligning executive interests with shareholder value through equity-based compensation.

Stakeholder Impact

• The vesting of restricted stock may have a minor dilutive effect on existing shareholders.

Key Dates