Ulta Beauty CEO Kecia Steelman Sells 2,000 Shares for $1.1 Million
Steelman retains 40,489 shares worth $22 million after the transaction, maintaining a 0.0942% stake in the specialty beauty retailer.
Ulta Beauty's Chief Executive Officer, Kecia Steelman, divested 2,000 shares of the company's stock on September 17, 2026, as disclosed in a recent Securities and Exchange Commission Form 4 filing. The sale was executed at a weighted average price of $545.88 per share, totaling a transaction value of $1.1 million. When considering the post-transaction market value as of the close on September 17, 2026, Steelman's shares were worth $543.73 each.
Ulta Beauty, a prominent specialty beauty retailer in the United States, employs around 65,000 individuals and integrates retail merchandise sales with salon services. The company's competitive advantage lies in its expansive store network, a carefully selected multi-brand product range, and the ability to provide salon services seamlessly.
In the trailing twelve months, Ulta Beauty has generated a revenue of $13.0 billion and reported a net income of $1.2 billion, underscoring its substantial scale and profitability within the specialty retail market.
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