McNeill Jon 4

What Happened Jon McNeill, a non-employee director of lululemon athletica inc., was granted 355 restricted stock units (RSUs) on 2026-03-19. The Form 4 reports the acquisition as an award (code A) at $0.00 per share (total $0 on the filing), reflecting RSUs issued in lieu of $58,750 of director retainer fees. These RSUs are rights to receive one share each when they vest; they do not represent immediate stock purchases or sales.

Key Details

• Transaction date: 2026-03-19; Form 4 filed: 2026-03-23 (4-day lag from transaction date).
• Amount: 355 RSUs granted; filing shows acquisition price $0.00 (award).
• Vesting: RSUs vest in four equal installments on the last day of each fiscal quarter (i.e., quarterly over one year), subject to continued service. (Footnote from filing.)
• Shares owned after transaction: not specified in the provided excerpt of the filing — consult the full Form 4 for beneficial ownership totals.
• Filing note: the Form 4 was filed four days after the transaction date; check the full filing for any timeliness code or explanations.

Context RSU awards to non-employee directors are common as part of routine compensation and are generally considered administrative rather than a direct bullish or bearish signal. These RSUs convert to ordinary shares only as they vest and typically carry service conditions; they were granted in lieu of cash retainer fees in this case.