Cox Erin Nealy 4

What Happened

• Erin Nealy Cox, a director of Sally Beauty Holdings, Inc. (SBH), received an award of 9,975 restricted stock units (RSUs) on 2026-01-22. The grant is reported at $0.00 per share (derivative award), so the immediate cash value reported is $0.00. These RSUs convert one-for-one into SBH common shares per the filing footnotes.

Key Details

• Transaction date: 2026-01-22; Form 4 filed: 2026-01-26.
• Grant: 9,975 RSUs; reported price: $0.00 (derivative award).
• Shares owned after transaction: not specified in the provided filing excerpt.
• 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 of the issuer has terminated.
• No sale or purchase of shares occurred—this is a compensation grant (code A).

Context

• RSUs are a common form of non-cash director compensation; they become actual shares only when they convert/vest. Because these RSUs vest upon termination of director service, they represent future equity compensation rather than an immediate stock purchase or sale. The ultimate value to the insider will depend on SBH’s share price at conversion.