Lululemon Insider Mahe Isabel Files Form 4 on March 19, 2026

TL;DR

**Lululemon insider Mahe Isabel filed a Form 4, signaling a potential change in ownership.**

AI Summary

This Form 4 filing, dated March 23, 2026, indicates that Mahe Isabel, an insider at Lululemon Athletica Inc. (CIK: 0001397187), has filed a Statement of Changes in Beneficial Ownership of Securities for the period ending March 19, 2026. While the filing itself doesn't detail specific transactions (like buys or sells), it signals that an insider's ownership stake may have changed. This matters to investors because insider activity can sometimes be an indicator of management's confidence in the company's future performance.

Why It Matters

Insider filings like this can signal changes in an executive's stake, which some investors interpret as a sign of confidence or concern about the company's future.

Risk Assessment

Risk Level: low — This filing is purely administrative, indicating a change in beneficial ownership, but does not detail the transaction itself, so the direct risk is low.

Analyst Insight

A smart investor would note this filing and then look for a subsequent amendment or a more detailed Form 4 to understand the specific transaction (buy, sell, grant) and its size, as this initial filing only indicates a change occurred without providing details.

Key Players & Entities

• Mahe Isabel (person) — Reporting Person
• Lululemon Athletica Inc. (company) — Issuer
• 0001787767 (person) — CIK for Mahe Isabel
• 0001397187 (company) — CIK for Lululemon Athletica Inc.

FAQ

Key Financial Figures

• $110,000 — e Director Compensation Plan in lieu of $110,000 of retainer fees. Each RSU is the right

Filing Documents

• form4.html (4)
• form4.xml (4) — 3KB
• 0001397187-26-000040.txt ( ) — 5KB

From the Filing

SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5    Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).    Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * Mahe Isabel (Last) (First) (Middle) C/O LULULEMON ATHLETICA INC. 1818 CORNWALL AVENUE (Street) VANCOUVER V6J 1C7 (City) (State) (Zip) BRITISH COLUMBIA, CANADA (Country) 2. Issuer Name and Ticker or Trading Symbol lululemon athletica inc. [ LULU ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below) 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/19/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock (1) 03/19/2026 A 664 A $ 0 2,519 D Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Explanation of Responses: 1. RSUs granted to the reporting person under lululemon athletica inc.'s Non-Employee Director Compensation Plan in lieu of $110,000 of retainer fees. Each RSU is the right to receive one share of common stock and vests in four equal installments on the last day of each fiscal quarter, subject to continued service. /s/ Isabel Mahe by Alex Grieve, Attorney-in-Fact 03/23/2026 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. * Form 4: SEC 1474 (03-26)

View Full Filing

View this 4 filing on SEC EDGAR