Das Ranju 4
4 · lululemon athletica inc. · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
lululemon (LULU) Chief AI & Tech Officer Das Ranju Receives Award
What Happened
Das Ranju, lululemon athletica inc.'s Chief AI & Technology Officer, received equity awards on March 19, 2026 totaling 18,648 units: 3,926 shares and 14,722 derivative awards. Both awards were recorded at $0.00 (no cash paid). Because these are grants/RSU-type awards rather than open-market purchases or sales, they represent compensation rather than a market buy or sell.
Key Details
- Transaction date: 2026-03-19; Form 4 filed 2026-03-23 (filed within the standard two business-day window).
- Award amounts: 3,926 shares (non-derivative) and 14,722 derivative units; total 18,648 units. Reported price: $0.00; reported cash value at grant: $0.
- Shares owned after the transaction: not specified in the provided filing details.
- Footnote F1: The derivative units are restricted stock units (RSUs) that convert one-for-one to common stock and vest 33% on 3/19/2027, 33% on 3/19/2028 and 34% on 3/19/2029, subject to continued employment.
- Footnote F2: Notes a standard option vesting schedule (four equal annual installments beginning on first anniversary); no option exercise or option grant is shown in this filing.
Context: These awards are typical equity compensation for senior executives and are recorded at $0 because they are grants, not purchases. The RSU portion is a derivative award that will convert to shares only as it vests; this is not an immediate sale or cash transaction and should be viewed as compensation rather than a direct insider market buy.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-19+3,926→ 10,102 total - Award
Stock Options (Right to Buy)
[F2]2026-03-19+14,722→ 14,722 totalExercise: $165.57Exp: 2036-03-19→ Common Stock (14,722 underlying)
Footnotes (2)
- [F1]Restricted Stock units convert into common stock on a one-for-one basis. The reporting person received a restricted stock unit award which vests as to 33% on March 19, 2027, 33% on March 19, 2028 and 34% on March 19, 2029, subject to the reporting person's continued employment or association with the issuer through such date.
- [F2]Each option vests in four equal annual installments beginning on the first anniversary of the grant date, subject to continued service.