Rangel Max R. 4

What Happened

• Max R. Rangel, a director of Sally Beauty Holdings, was granted 9,975 restricted stock units (RSUs) on January 22, 2026. The Form 4 reports the award as a derivative acquisition (code A) with a reported price of $0.00 (no cash paid on grant). These RSUs convert into one share of SBH common stock per unit upon settlement.

Key Details

• Transaction date: 2026-01-22 (reported on Form 4 filed 2026-01-26; filing was timely).
• Grant: 9,975 RSUs, $0.00 per unit (derivative award).
• Shares owned after transaction: Not stated in the filing.
• Footnotes: F1 — RSUs convert into SBH common stock on a one-for-one basis. F2 — 100% of the RSUs vest on the earlier of 1/22/2027 or the date of the issuer’s next Annual Meeting of Stockholders.
• Transaction code: A (award/grant).

Context

• This was an RSU grant (not an open-market purchase or option exercise). RSUs are typically subject to vesting and do not represent immediately tradable shares until they convert/settle. The filing does not show tax withholding or any immediate sale; the award simply increases potential future ownership if and when the RSUs vest.