Derivative exercise or conversion — not an open-market buy.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
Mar 30, 2026
Reporting period
Not applicable
Filed with the SEC
Apr 1, 2026
CEOOption exercise
Context
Classification
option exercise
Code M — exercise or conversion of a derivative security
Planned / mechanical clue
Footnote references vesting of compensation awards
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001397187-26-000055
Filed / recorded
Apr 1, 2026, 9:07 PM UTC
Added to OQRO
Oct 2, 2026, 12:28 PM UTC
Parser
form4-xml-v1
Data quality
Verified: identifiers matched exactly
Issuer
lululemon athletica inc.
Issuer CIK
1397187
Ticker
LULU
Reporting person
Meghan Frank
Relationship
Officer
Officer title
CFO & Interim Co-CEO
Security
Performance Share Units
Table
Derivative (Table II)
Transaction date
Mar 30, 2026
Transaction code
M
Shares / units
3,754
Price per share
$0.00
Acquired / disposed
Disposed (D)
Shares owned after
0
Ownership form
Direct
Amendment
No
Footnotes from the filing
Each performance share unit represents a contingent right to receive one share of the issuer's common stock. The performance share units were granted on March 30, 2023 with respect to the three-year period ending at the end of fiscal 2025. The issuer certified the achievement of the performance goals on March 13, 2026. The performance share units vested on March 30, 2026.
The boss of Lululemon Athletica paid $495K out of pocket for Lululemon Athletica shares. 1 other person at Lululemon Athletica bought some too, in the same month. The Lululemon Athletica shares held grew by 11%.