Form 4: Ulta Beauty CFO Paula Oyibo Reports Stock Transaction
SEC Form 4 Filing
Paula Oyibo, CFO of Ulta Beauty, reports the withholding of shares to cover tax obligations and details her beneficial ownership of common stock and stock options.
Summary
- On January 31, 2025, Ulta Beauty's CFO, Paula M. Oyibo, had 136 shares of common stock withheld by the issuer to cover tax obligations related to vesting restricted stock grants at a price of $418.53.
- Following the transaction, Oyibo directly owns 3,231 shares of Ulta Beauty common stock, which includes restricted stock that vests from 2025 to 2027.
- Oyibo also holds options to purchase shares of common stock at various exercise prices and vesting schedules, with expiration dates ranging from 2030 to 2034.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine stock transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies like Ulta Beauty. It provides transparency into the executive's holdings and transactions in the company's stock.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their executives, ensuring transparency in insider trading.
- Comparable companies like Sephora (privately held), L'Oreal, and Estee Lauder also have similar requirements for their executives regarding stock ownership and transactions.
- The vesting schedules and exercise prices of the stock options are typical for executive compensation packages in the retail and beauty industry.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of transaction where shares were withheld for tax obligations. |
| 03/15/2021 | Start date for vesting of options to purchase 1,058 shares at $174.45. |
| 03/15/2022 | Start date for vesting of options to purchase 222 shares at $306.59. |
| 03/15/2023 | Start date for vesting of options to purchase 327 shares at $395.84. |
| 03/15/2024 | Start date for vesting of options to purchase 434 shares at $545.67. |
| 03/15/2025 | Start date for vesting of options to purchase 2,760 shares at $522.88. |
| 03/27/2030 | Expiration date for options to purchase 1,058 shares at $174.45. |
| 03/25/2031 | Expiration date for options to purchase 222 shares at $306.59. |
| 03/24/2032 | Expiration date for options to purchase 327 shares at $395.84. |
| 03/31/2033 | Expiration date for options to purchase 434 shares at $545.67. |
| 03/29/2034 | Expiration date for options to purchase 2,760 shares at $522.88. |
| 03/17/2025 | Date of signature for the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.