Mahe Isabel 4

What Happened Isabel Mahe, a director of lululemon athletica inc. (LULU), was granted 664 restricted stock units (RSUs) on 2026-03-19 as part of non-employee director compensation. The grant is reported at $0.00 per share on the Form 4 because it is an award (code A); the award was issued in lieu of $110,000 in retainer fees (implying about $165–$166 per RSU based on that conversion).

Key Details

• Transaction date: 2026-03-19; Form 4 filed: 2026-03-23 (appears timely, within standard 2-business-day reporting window).
• Transaction type/code: Award/Grant (A).
• Shares granted: 664 RSUs; reported acquisition price: $0.00 (compensation grant).
• Value: RSUs granted in lieu of $110,000 of retainer fees (per footnote).
• Vesting: Each RSU converts to one share and vests in four equal installments on the last day of each fiscal quarter, subject to continued service (per footnote).
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context This was a compensation grant to a non-employee director, not an open-market purchase or sale. RSU grants are routine director compensation and reflect remuneration rather than a direct buy/sell signal about the stock. The vesting schedule means the economic exposure is phased over the coming quarters.