Form 4: Ulta Beauty CFO Scott Settersten Reports Stock Transactions
SEC Form 4 Filing
Ulta Beauty's CFO, Scott Settersten, reports the disposal and acquisition of common stock to cover tax obligations related to vesting restricted stock grants.
Summary
- On March 15, 2024, Scott M. Settersten, the Chief Financial Officer of Ulta Beauty, Inc., engaged in transactions involving the company's common stock.
- Settersten disposed of 319 shares at a price of $535.98 to cover tax obligations related to vesting restricted stock grants.
- Additionally, Settersten acquired 2,153 shares at the same price to cover tax obligations related to vesting performance-based restricted stock grants.
- Following these transactions, Settersten directly owns 17,661 shares and 15,508 shares of Ulta Beauty common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by a company executive, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they primarily relate to tax obligations of the CFO.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of stock transactions (disposal and acquisition). |
| 03/19/2024 | Date of signature for the report. |
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