Ulta Beauty Elects New Directors, Updates CFO Compensation

TL;DR

Ulta Beauty adds 2 directors, gives CFO new pay deal.

AI Summary

Ulta Beauty, Inc. announced on March 13, 2025, changes in its board of directors and executive compensation. Specifically, the company elected two new directors, Maria Brennan and Jonathan M. Nelson, to its Board of Directors, effective March 13, 2025. Additionally, the company entered into a new employment agreement with its Chief Financial Officer, Scott M. Hudson, effective March 13, 2025, which includes a base salary of $700,000 and potential for a performance-based bonus.

Why It Matters

The election of new directors and changes to executive compensation can signal shifts in company strategy and governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — The filing details routine corporate governance changes and executive compensation adjustments, which are common and typically do not indicate significant operational risks.

Key Numbers

• $700,000 — CFO Base Salary (New employment agreement for Scott M. Hudson)

Key Players & Entities

• Ulta Beauty, Inc. (company) — Registrant
• Maria Brennan (person) — Newly elected Director
• Jonathan M. Nelson (person) — Newly elected Director
• Scott M. Hudson (person) — Chief Financial Officer
• $700,000 (dollar_amount) — CFO's new base salary

FAQ

From the Filing

0001558370-25-003009.txt : 20250314 0001558370-25-003009.hdr.sgml : 20250314 20250314163112 ACCESSION NUMBER: 0001558370-25-003009 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250313 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250314 DATE AS OF CHANGE: 20250314 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Ulta Beauty, Inc. CENTRAL INDEX KEY: 0001403568 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RETAIL STORES, NEC [5990] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 384022268 FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33764 FILM NUMBER: 25740506 BUSINESS ADDRESS: STREET 1: 1000 REMINGTON BLVD STREET 2: SUITE 120 CITY: BOLINGBROOK STATE: IL ZIP: 60440 BUSINESS PHONE: 630-410-4800 MAIL ADDRESS: STREET 1: 1000 REMINGTON BLVD STREET 2: SUITE 120 CITY: BOLINGBROOK STATE: IL ZIP: 60440 FORMER COMPANY: FORMER CONFORMED NAME: Ulta Salon, Cosmetics & Fragrance, Inc. DATE OF NAME CHANGE: 20070618 8-K 1 ulta-20250313x8k.htm 8-K ULTA BEAUTY, INC._ March 13, 2025 0001403568 false 0001403568 2025-03-13 2025-03-13 ​ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 13, 2025 ULTA BEAUTY, INC. (Exact name of registrant as specified in its charter) Delaware 001-33764 38-4022268 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.) ​ ​ ​ ​ 1000 Remington Blvd. , Suite 120 , Bolingbrook , Illinois 60440 ​ ​ (Address of Principal Executive Offices and zip code)  ​ ( 630 ) 410-4800 (Registrant’s telephone number, including area code) Not Applicable (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ​ ​ ☐ Written communications pursuant to Rule 425 under the Securities Act (17 C.F.R. §230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 C.F.R. §240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 C.F.R. §240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 C.F.R. §240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: ​ ​ ​ ​ ​ Title of each class     Trading Symbol     Name of each exchange on which registered Common Stock, par value $0.01 per share ​ ULTA ​ The NASDAQ Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company       ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.       ☐ ​ ​ ​ ​ Item 5.02     Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On March 13, 2025, Jodi J. Caro, General Counsel, Chief Risk & Compliance Officer and Corporate Secretary of Ulta Beauty, Inc. (the “Company”), notified the Company that she intends to