{
  "id": 9338508,
  "title": "Ulta Beauty CEO Kecia Steelman Sells 2,000 Shares for $1.1 Million",
  "url": "https://urgent.news/2026/09/23/ulta-beauty-ceo-kecia-steelman-sells-2-000-shares-for-1-1-million",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-23T12:00:01.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/coverage/filings/2026/09/23/ulta-beauty-ceo-kecia-steelman-sells-2-000-shares-for-usd1-1-million/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "Steelman retains 40,489 shares worth $22 million after the transaction, maintaining a 0.0942% stake in the specialty beauty retailer.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}