Andre Maestrini - 15 Dec 2025 Form 4 Insider Report for lululemon athletica inc. (LULU)

Role: President & CCO
Signature: /s/ Andre Maestrini by Alex Grieve, Attorney-in-Fact
Issuer symbol: LULU
Transactions as of: 15 Dec 2025
Net transactions value: $0
Form type: 4
Filing time: 17 Dec 2025, 16:11:29 UTC
Previous filing: 02 Apr 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
MAESTRINI ANDRE	President & CCO	C/O LULULEMON ATHLETICA INC, 1818 CORNWALL AVENUE, VANCOUVER, BRITISH COLUMBIA, CANADA	/s/ Andre Maestrini by Alex Grieve, Attorney-in-Fact	17 Dec 2025	0001839904

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LULU	Common Stock	Award	$0	+1,212	+9.1%	$0.000000	14,460	15 Dec 2025	Direct	F1
transaction	LULU	Common Stock	Award	$0	+9,695	+67%	$0.000000	24,155	15 Dec 2025	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	LULU	Stock Option (right to buy)	Award	$0	+4,614		$0.000000	4,614	15 Dec 2025	Common Stock	4,614	$206.29	Direct	F2
transaction	LULU	Stock Option (right to acquire))	Award	$0	+24,607		$0.000000	24,607	15 Dec 2025	Common Stock	24,607	$206.29	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Consists of restricted stock units (RSUs), each of which represents a contingent right to receive one share of common stock. The RSUs vest in three annual installments of 33%, 33%, and 34% beginning on the first anniversary of the grant date, subject to continued service and other applicable vesting provisions under the award agreement.
F2	Each option vests in four equal annual installments beginning on the first anniversary of the grant date, subject to continued service and other applicable vesting provisions under the award agreement.