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Lululemon Athletica | 4: Statement of changes in beneficial ownership of securities-Officer FRANK MEGHAN

SEC ·  Jun 12 07:28

Summary by Futu AI

Lululemon Athletica Inc. (LULU) reported that its Chief Financial Officer, Meghan Frank, completed a purchase of company stock on June 7, 2024. The transaction involved the acquisition of 157 shares of common stock at a price of $317.86 per share. Following this transaction, Frank's direct holdings in Lululemon Athletica increased to a total of 11,045 shares. The transaction is part of a grant, award, or other acquisition, as indicated by the transaction code 'A'. This financial activity demonstrates a positive commitment by the CFO to the company, as insider purchases are often seen as a sign of confidence in the company's future performance.
Lululemon Athletica Inc. (LULU) reported that its Chief Financial Officer, Meghan Frank, completed a purchase of company stock on June 7, 2024. The transaction involved the acquisition of 157 shares of common stock at a price of $317.86 per share. Following this transaction, Frank's direct holdings in Lululemon Athletica increased to a total of 11,045 shares. The transaction is part of a grant, award, or other acquisition, as indicated by the transaction code 'A'. This financial activity demonstrates a positive commitment by the CFO to the company, as insider purchases are often seen as a sign of confidence in the company's future performance.

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