Form 4: Ulta Beauty Director Mike C. Smith Receives Stock Grant

Ulta Beauty director Mike C. Smith was granted 404 restricted stock units as part of his compensation package.

Summary

• Director Mike C. Smith acquired 404 restricted stock units (RSUs) of Ulta Beauty, Inc. common stock.
• The transaction occurred on June 10, 2026.
• The RSUs were granted at a price of $0 per share.
• Following this transaction, the reporting person's total beneficial ownership is 2,667 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.

Positives

• The grant aligns the director's interests with those of shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

The restricted stock units are scheduled to vest 100% on June 10, 2027.

Industry Context

StockSavvy.ai notes that equity grants to board members are standard corporate governance practice to ensure long-term alignment between leadership and shareholder value.

Comparison to Industry Standards

• The grant of restricted stock units to non-employee directors is consistent with standard compensation practices for S&P 500 and retail sector companies.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation grant.

Next Steps

• Vesting of the 404 restricted stock units on June 10, 2027.

Key Dates

Keywords

Ulta Beauty, ULTA, Form 4, Insider Trading, Director Compensation, Restricted Stock Units