Jodi J. Caro - 01 Apr 2025 Form 4 Insider Report for Ulta Beauty, Inc. (ULTA)

Role: GC, Chief Risk & Compl. Ofc.
Signature: /s/ Jodi J. Caro
Issuer symbol: ULTA
Transactions as of: 01 Apr 2025
Net transactions value: -$175,630
Form type: 4
Filing time: 02 Apr 2025, 17:32:19 UTC
Previous filing: 18 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ULTA	Common Stock	Options Exercise	$157,354	+902	+12%	$174.45	8,534	01 Apr 2025	Direct
transaction	ULTA	Common Stock	Sale	$332,984	-902	-11%	$369.16	7,632	01 Apr 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ULTA	Stock Option (right to buy)	Options Exercise	$0	-902	-50%	$0.000000	902	01 Apr 2025	Common Stock	902	$174.45	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The options, representing an initial right to purchase a total of 7,215 shares, vesting in 25% annual increments beginning March 15, 2021 and each anniversary thereafter through March 15, 2024.