Flur Dorlisa K 4
Research Summary
AI-generated summary
SBH Director Flur Dorlisa Exercises Options and Receives RSUs
What Happened
- On 2026-01-22, Flur Dorlisa K, a director of Sally Beauty Holdings, exercised 14,532 derivative awards (Form 4 code M). The filing shows those 14,532 shares were both acquired and disposed on the same date (each reported at $0.00). Also on 1/22/2026 she was granted 9,975 restricted stock units (RSUs) (code A) reported at $0.00; these RSUs convert one-for-one into common stock.
Key Details
- Transaction date: 2026-01-22; Form 4 filed: 2026-01-26 (filed within the standard 2-business-day window).
- Exercise (M): 14,532 shares acquired and 14,532 shares disposed on 1/22/2026; amount per share reported as $0.00 in the filing.
- Award (A): 9,975 RSUs granted on 1/22/2026; reported at $0.00 and convertible 1:1 to common stock (see footnote F1).
- Vesting for RSUs (F2): 100% vest on the earlier of 1/22/2027 or the issuer’s next Annual Meeting of Stockholders.
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Note on $0.00 reporting: $0.00 entries commonly appear on Form 4s for awards/exercises and do not by themselves indicate market value or lack of consideration.
Context
- The filing shows the exercised shares were disposed the same day; that pattern is consistent with an immediate sale or cashless exercise followed by a disposition, which is a common, routine practice for executives/directors (often to cover exercise costs or tax obligations). The RSU grant is time‑vested and does not reflect an immediate purchase by the insider.