lululemon athletica inc.

LULU

Reporting person: Dennis J. Wilson(group)

Dennis Wilson seeks board seats at Lululemon; 9.9M shares held

high confidence

Contest Strategydissident slate, solicitors, demands

Issuerlululemon athletica inc. (LULU)

Issuer solicitor—

Reporting personDennis J. Wilson (group)

Dissident solicitor—

Stake9,904,856 phys / 0 synth—

Dissident counsel—

Cost basis—

Meeting date—

Record date—

Primary demands

board refreshment
director election
governance reform
removal of long-tenured directors
operational turnaround

Advisors

No advisor data on record for this deal.

Sources

SEC Filing

Dennis J. Wilson, founder of Lululemon Athletica, filed a DFAN14A on March 18, 2026, announcing plans to solicit proxies for the election of director candidates at the 2026 annual meeting. Wilson and associated participants hold 9,904,856 shares collectively and seek significant board refreshment due to governance deficiencies and operational underperformance. The filing references an amended Schedule 13D filed on March 16, 2026, containing detailed information about the participants' beneficial ownership.

Item id: 296f75a8-1d37-43fd-a6fe-48b173c1225a · ingested Apr 24, 2026