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Form 8-K · Current Report · Filed 2025-12-18

Ulta Beauty Announces Executive Severance Plan

Ulta Beauty, Inc. adopted an Executive Severance Plan on December 15, 2025, which provides severance and other benefits to its executive officers in the event of involuntary termination without cause, other than terminations in connection with a change in control or due to death or disability. The Severance Plan replaces any other severance protections provided to the executive officers, including any individual letters or other plans, except those provided under the CIC Plan. The plan is filed herewith as Exhibit 10.1.

Filer
Ulta Beauty Inc. ULTA · NASDAQ
Filed
Accession
0001104659-25-122603
CIK
0001403568
Signal
Low impactConsumer Cyclical

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Executive Compensation Detail Executive Employment Agreement Severance Agreement
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$585.98

Next session

+2.0%

Since filing

-12.5%

Latest close

$512.83

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from ULTA reporting the same item, with the next session's move:

About Ulta Beauty Inc.

Ulta Beauty Inc. is a premier beauty retailer in the United States, renowned for offering a comprehensive selection of beauty products and salon services. As the largest beauty retailer in the country, Ulta Beauty presents a diverse product range that includes cosmetics, fragrances, skin care, and hair care products, catering to a wide demographic of customers. The company ingeniously combines retail beauty with online and in-store experiences, featuring both mass-market goods and prestige brands. This dual approach allows Ulta to serve as a one-stop shop for beauty enthusiasts, providing a distinctive edge in the competitive retail market. In addition to its extensive product offerings, Ulta Beauty operates salon services in many of its stores, delivering personalized beauty experiences that enhance its market appeal. Founded in 1990 and headquartered in Bolingbrook, Illinois, Ulta Beauty has significantly influenced the beauty retail industry, guiding trends and consumer preferences while expanding its national footprint with over 1,200 stores across the country.

Exchange NASDAQ Industry Specialty Retail Company website ↗

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