Ulta Beauty Inc.

06/09/2026 | Press release | Distributed by Public on 06/09/2026 15:01

Proxy Results, Amendments to Bylaws, Management Change/Compensation (Form 8-K)

Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

​

As described in Item 5.07 below, Ulta Beauty, Inc. (the "Company") held its 2026 annual meeting of stockholders (the "Annual Meeting") on June 9, 2026. At the Annual Meeting, the stockholders approved the Ulta Beauty, Inc. 2026 Incentive Award Plan (the "2026 Plan"), which replaces the previously existing Amended and Restated Ulta Beauty, Inc. 2011 Incentive Award Plan (the "Prior Plan"). Pursuant to its terms, no awards may be granted under the Prior Plan after April 13, 2026; however, the terms and conditions of the Prior Plan will continue to govern any outstanding awards granted thereunder. The Company's board of directors (the "Board") approved the 2026 Plan on March 26, 2026, subject to stockholder approval at the Annual Meeting.

Subject to adjustments for changes in capitalization and the 2026 Plan's share counting provisions, as of June 9, 2026, an aggregate of 5,001,201 shares of the Company's common stock may be issued pursuant to awards granted under the 2026 Plan. The 5,001,201 shares is comprised of 3,500,000 newly authorized shares and 1,501,201 shares that remained available for grant under the Prior Plan as of April 13, 2026. Employees and consultants of the Company and its subsidiaries, as well as members of the Board, are eligible to participate in the 2026 Plan. The 2026 Plan provides for the grant of stock options, stock appreciation rights, restricted stock, dividend equivalents, restricted stock units, and other stock or cash based awards.

A summary of the material terms of the 2026 Plan is set forth under the caption "Proposal Six - Approval of the Ulta Beauty, Inc. 2026 Incentive Award Plan" in the Company's Definitive Proxy Statement on Schedule 14A, filed with the Securities and Exchange Commission on April 22, 2026 (the "2026 Proxy Statement"). That summary and the above description of the 2026 Plan do not purport to be complete and are qualified in their entirety by reference to the 2026 Plan, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference in this Item 5.02.

Item 5.03Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

At the Annual Meeting, the Company's stockholders approved amendments to the Company's certificate of incorporation, as amended (the "Certificate of Incorporation"), to (i) provide for the exculpation of certain officers of the Company against personal liability, to the extent permitted by the Delaware General Corporation Law (the "Exculpation Amendment"), and (ii) add exclusive forum provisions that designate that courts located in Delaware will be the exclusive forum for certain legal actions and that the federal district courts of the United States of America will be the exclusive forum for the resolution of any complaint asserting a cause of action arising under the Securities Act of 1933, as amended (the "Forum Selection Amendment"). The Exculpation Amendment and the Forum Selection Amendment are further described under the captions "Proposal Two - Approval of the Proposed Amendment to our Certificate of Incorporation to Incorporate Delaware Law Provisions Regarding Officer Exculpation" and "Proposal Three - Approval of the Proposed Amendment to our Certificate of Incorporation to Designate an Exclusive Forum for the Adjudication of Certain Legal Matters," respectively, in the 2026 Proxy Statement and previously approved by the Board.

On June 9, 2026, the Company filed a certificate of amendment to the Certificate of Incorporation (the "Certificate of Amendment") with the Secretary of State of the State of Delaware. The foregoing descriptions of the Certificate of Amendment does not purport to be complete and is subject to, and qualified in its entirety by reference to, the full text of the Certificate of Amendment, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and incorporated by reference in this Item 5.03.

​

Item 5.07Submission of Matters to a Vote of Security Holders.

On June 9, 2026, the Company held its Annual Meeting. At the Annual Meeting, the Company's stockholders voted on the following proposals:

2

​

● The election of Martin Brok, Kelly E. Garcia, Catherine A. Halligan, Stephenie Landry, Patricia A. Little, George R. Mrkonic, Lorna E. Nagler, Gisel Ruiz, Michael C. Smith, and Kecia L. Steelman as directors to hold office until the 2027 annual meeting of stockholders;
● To approve the Exculpation Amendment;
● To approve the Forum Selection Amendment;
● The ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for its fiscal year 2026, ending January 30, 2027;
● An advisory vote to approve the Company's executive compensation; and
● To approve the 2026 Plan.

As of the close of business on April 13, 2026, the record date for the determination of the stockholders entitled to notice of, and to vote at, the Annual Meeting, 43,560,416 shares of the Company's common stock were outstanding and eligible to vote, with one vote for each share held. Approximately 87.42% of all shares were represented at the Annual Meeting in person or by proxy. The following are the final votes on the matters presented for stockholder consideration at the Annual Meeting:

Election of Directors

The stockholders elected Martin Brok, Kelly E. Garcia, Catherine A. Halligan, Stephenie Landry, Patricia A. Little, George R. Mrkonic, Lorna E. Nagler, Gisel Ruiz, Michael C. Smith, and Kecia L. Steelman as directors to hold office until the 2027 annual meeting of stockholders. The results of the vote were as follows:

For

Against

Abstain

Broker Non-Votes

Name

Votes

Percentage (1)

Votes

Percentage (1)

Votes

Percentage (2)

Votes

Percentage (2)

Martin Brok

34,753,758

98.50%

528,513

1.50%

33,650

N/A

2,765,202

N/A

Kelly E. Garcia

34,755,399

98.51%

527,459

1.49%

33,063

N/A

2,765,202

N/A

Catherine A. Halligan

34,377,238

97.43%

906,108

2.57%

32,575

N/A

2,765,202

N/A

Stephenie Landry

34,776,079

98.57%

505,443

1.43%

33,399

N/A

2,765,202

N/A

Patricia A. Little

34,674,997

98.28%

608,490

1.72%

32,434

N/A

2,765,202

N/A

George R. Mrkonic

34,720,104

98.41%

562,487

1.59%

33,330

N/A

2,765,202

N/A

Lorna E. Nagler

33,238,507

94.21%

2,044,509

5.79%

32,905

N/A

2,765,202

N/A

Gisel Ruiz

33,383,704

94.62%

1,899,954

5.38%

32,263

N/A

2,765,202

N/A

Michael C. Smith

34,759,812

98.52%

522,586

1.48%

33,523

N/A

2,765,202

N/A

Kecia L. Steelman

35,182,682

99.72%

100,180

0.28%

33,059

N/A

2,765,202

N/A

​

​

Vote to Approve an Amendment to the Company's Certificate of Incorporation to Limit Officer Liability as Permitted by Delaware Law

The stockholders approved the Exculpation Amendment. The results of the vote were as follows:

For

Against

Abstain

Broker Non-Votes

Votes

Percentage (3)

Votes

Percentage (3)

Votes

Percentage (3)

Votes

Percentage

30,394,172

69.77%

4,878,646

11.20%

43,103

0.10%

2,765,202

N/A

​

​

Vote to Approve an Amendment to the Company's Certificate of Incorporation to Add Specified Forum Selection Provisions

The stockholders approved the Forum Selection Amendment. The results of the vote were as follows:

3

​

For

Against

Abstain

Broker Non-Votes

Votes

Percentage (3)

Votes

Percentage (3)

Votes

Percentage (3)

Votes

Percentage

31,053,673

71.29%

4,212,304

9.67%

49,944

0.11%

2,765,202

N/A

​

Ratification of the Appointment of Ernst & Young LLP as the Company's Independent Registered Public Accounting Firm for Fiscal 2026

The stockholders ratified the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for its fiscal year 2026, ending January 30, 2027. The results of the vote were as follows:

For

Against

Abstain

Votes

Percentage (1)

Votes

Percentage (1)

Votes

Percentage (1)

33,540,095

88.08%

4,500,462

11.82%

40,566

0.11%

​

​

Advisory Vote to Approve the Company's Executive Compensation

The stockholders approved the Company's executive compensation. The results of the advisory vote were as follows:

For

Against

Abstain

Broker Non-Votes

Votes

Percentage (1)

Votes

Percentage (1)

Votes

Percentage (1)

Votes

Percentage (2)

27,487,649

77.83%

7,777,149

22.02%

51,123

0.14%

2,765,202

N/A

​

​

Vote to Approve the Ulta Beauty, Inc. 2026 Incentive Award Plan

The stockholders approved the 2026 Plan. The results of the vote were as follows:

For

Against

Abstain

Broker Non-Votes

Votes

Percentage (1)

Votes

Percentage (1)

Votes

Percentage (1)

Votes

Percentage (2)

31,757,224

89.92%

3,514,995

9.95%

43,702

0.12%

2,765,202

N/A

_______________

(1) Based on a total of all shares received and eligible to be counted as voted on this proposal at the Annual Meeting.

(2) "N/A" means that abstentions and/or broker non-votes do not have any effect on the voting results on this proposal.

(3) Based on the total number of shares outstanding as of the record date of the Annual Meeting.

​

Ulta Beauty Inc. published this content on June 09, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on June 09, 2026 at 21:01 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]