Form 4: Ulta Beauty Director Kelly E. Garcia Receives Restricted Stock Units
SEC Form 4 Filing
Director Kelly E. Garcia of Ulta Beauty, Inc. was granted 452 restricted stock units on June 11, 2024, which will vest on June 11, 2025.
Summary
- On June 11, 2024, Kelly E. Garcia, a director of Ulta Beauty, Inc., received 452 restricted stock units.
- These restricted stock units will vest 100% on June 11, 2025.
- Following this transaction, Ms. Garcia directly owns 1,363 shares of Ulta Beauty, Inc. common stock.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing indicating standard compensation practices. It's neutral to slightly positive as it reflects ongoing investment in company leadership.
Positives
- The grant of restricted stock units to a director aligns their interests with those of the shareholders.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This is a standard practice for compensating and incentivizing board members in publicly traded companies.
Stakeholder Impact
- The grant of restricted stock units aligns the director's interests with those of the shareholders, potentially encouraging decisions that increase shareholder value.
Key Dates
| Date | Description |
|---|---|
| 06/11/2024 | Date of transaction: Grant of 452 restricted stock units. |
| 06/11/2025 | Vesting date for the 452 restricted stock units. |
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