lululemon athletica inc.

LULO

Reporting person: Dennis J. Wilson et al.(group)

Wilson seeks board seats and board declassification at Lululemon

high confidence

Contest Strategydissident slate, solicitors, demands

Issuerlululemon athletica inc. (LULO)

Issuer solicitor—

Reporting personDennis J. Wilson et al. (group)

Dissident solicitor—

Stake9,904,856 phys / 0 synth—

Dissident counsel—

Cost basis—

Meeting date—

Record date—

Primary demands

elect director nominees
board declassification
shareholder value creation

Advisors

No advisor data on record for this deal.

Sources

SEC Filing

Dennis J. Wilson and associated entities filed a DFAN14A proxy solicitation statement on March 31, 2026, to solicit votes for three director nominees (Laura Gentile, Eric Hirshberg, Marc Maurer) and a proposal to declassify Lululemon's board. The group beneficially owns 9,904,856 shares (5,115,961 on fully-converted basis including special voting stock) and is criticizing management over stock price deterioration and product recalls. Wilson began shareholder communications on March 27, 2026, highlighting operational concerns and positioning the nominees as drivers of shareholder value.

Item id: e0b9bdbd-bfca-47a2-8296-b8bc3bb42873 · ingested Apr 24, 2026