Ryan Anita Jane 4

What Happened

• Anita Jane Ryan, Chief Human Resources Officer at Ulta Beauty (ULTA), is reported as acquiring 644 performance-based restricted stock units (RSUs) on Feb 12, 2026. The Form 4 lists the transaction as an award/grant (A) of 644 shares at $0.00 (no cash outlay).
• These 644 units were originally awarded on March 31, 2023 under Ulta’s 2011 Incentive Award Plan; each unit represents the right to one share of common stock. The company’s compensation committee certified on Feb 12, 2026 that the performance vesting goals were satisfied.

Key Details

• Transaction date: 2026-02-12; reported filing date (Form 4): 2026-02-17 (appears to be one business day late under Form 4 timing rules).
• Transaction type/code: Award/Grant (A); 644 performance-based restricted share units @ $0.00.
• Shares owned after transaction: Not disclosed in the provided filing details.
• Footnote: Units vest contingent on both performance (now certified) and a time-based service restriction that lapses on March 15, 2026, subject to continued employment.
• Plan: Amended and Restated Ulta Beauty, Inc. 2011 Incentive Award Plan.

Context

• This is an award of performance-based RSUs (not an open-market purchase or sale). The performance condition has been satisfied; final conversion to shares depends on the March 15, 2026 service vesting date and continued employment. Awards reported at $0.00 reflect grant accounting on the Form 4 and do not represent cash paid by the insider.