Brok Martin 4

What Happened Brok Martin, a director of Ulta Beauty (ULTA), was granted 404 restricted stock units on 2026-06-10. The Form 4 reports an acquisition of 404 shares at $0.00 (award). The grant vests 100% on 2027-06-10. This was an equity compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-10; Filing date: 2026-06-11 (timely under Form 4 rules).
• Consideration: 404 shares acquired at $0.00 (code A — award/grant).
• Vesting: 100% vests on 2027-06-10 (footnote F1).
• Shares owned after transaction: not specified in the provided filing.
• Filing timeliness: filed within the required reporting window (not late).

Context Restricted stock units (RSUs) are compensation that convert to actual shares only when they vest; Martin will not have the vested shares until the 2027 vesting date, and any subsequent sale would be reported separately. Director grants are common for compensation and do not necessarily indicate the director is buying shares as a market signal.