Molloy Lawrence 4

What Happened

• Lawrence Molloy, a director of Sally Beauty Holdings, reported derivative transactions and an award on 2026-01-22. The filing shows an exercise/conversion (code M) that acquired 14,532 shares at $0.00, an award/grant (code A) of 9,975 restricted stock units (RSUs) at $0.00, and a separate exercise/conversion (code M) that disposed of 14,532 derivative shares at $0.00. The filing was submitted on 2026-01-26.

Key Details

• Transaction date: 2026-01-22; Filing date: 2026-01-26 (filed on time under Section 16 rules).
• Reported prices: all entries show $0.00 per share (as reported in the Form 4 excerpt).
• Share counts: 14,532 shares acquired via exercise/conversion; 14,532 derivative shares disposed; 9,975 RSUs awarded.
• Shares owned after the reported transactions: not specified in the provided excerpt of the filing.
• Footnotes: F1 — RSUs convert into SBH common stock on a one-for-one basis. F2 — 100% of the RSUs vest on the date the reporting person's service as a director terminates.

Context

• The filing combines derivative exercise/conversion activity with a grant of RSUs. For retail investors: derivative "M" entries indicate exercise or conversion of previously held derivatives into shares, while "A" indicates an award/grant (here, RSUs). RSUs typically convert to common stock one-for-one when vested; footnotes indicate these RSUs fully vest upon the director’s termination of service. The filing does not show cash proceeds or a market sale price for the disposed 14,532 derivative shares in the provided excerpt.