Ulta Beauty Unveils New Executive Severance Plan with Enhanced Payouts

Reuters12-19 06:09

Ulta Beauty Unveils New Executive Severance Plan with Enhanced Payouts

Ulta Beauty Inc. has adopted a new Executive Severance Plan, effective December 15, 2025, providing severance and benefits to executive officers in the event of involuntary termination without cause. Under the plan, eligible executives will receive two times their base salary paid over 24 months, a lump sum equal to the lower of their target or actual annual bonus for the termination year, and company-paid COBRA premium payments for up to 12 months. These benefits are contingent upon the executive signing a release of claims and complying with restrictive covenants for 24 months post-termination. The new plan replaces previous severance arrangements, except for those related to a change in control.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ulta Beauty Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-122603), on December 18, 2025, and is solely responsible for the information contained therein.

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