Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-16

Ulta Beauty (ULTA)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$15,403,663
Kecia Steelman total, FY2025
27th
CEO pay percentile vs peers
1,296:1
CEO-to-median pay ratio
91.13%
Say-on-pay support, latest vote
Companies that benchmark against ULTA
23 companies name ULTA as a compensation peer

Each company listed discloses ULTA in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named ULTA in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Kecia Steelman$1,350,003$0$4,792,877$4,792,556$4,383,972$0$84,255$15,403,663
President and Chief Executive Officer
Christopher DelOrefice154,5401,000,0003,300,65800013,9004,469,098
Chief Financial Officer
Rene Casares599,5231,250,000634,421634,3771,078,007014,5004,210,828
Chief Legal Officer
Anita Ryan715,92801,225,3431,225,131980,987040,0924,187,481
Chief Human Resources Officer
Paula Oyibo315,1900791,726791,766001,227,0323,125,714
Former Chief Financial Officer
Christopher Lialios488,4930204,52987,590651,417023,0401,455,069
Former Interim Chief Financial Officer
Jodi Caro171,6920000020,978192,670
Former General Counsel and Chief Risk and Compliance Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Kecia Steelman$15,403,663$6,300,394+9,103,269
Christopher DelOrefice4,469,098
Rene Casares4,210,828
Anita Ryan4,187,4811,751,907+2,435,574
Paula Oyibo3,125,7142,586,050+539,664
Christopher Lialios1,455,069
Jodi Caro192,6702,059,023−1,866,353

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Dividend-equivalent accruals2026-06-108082 insiders, 2 accrual rows
Kelly E. GarciaDirector2026-06-10A40400CommonForm 4 ↗
Michael C. SmithDirector2026-06-10A40400CommonForm 4 ↗
Stephenie LandryDirector2026-06-10A40400CommonForm 4 ↗
Martin BrokDirector2026-06-10A40400CommonForm 4 ↗
Catherine A. HalliganDirector2026-06-10A40400CommonForm 4 ↗
George R. MrkonicDirector2026-06-10A40400CommonForm 4 ↗
Lorna E. NaglerDirector2026-06-10A40400CommonForm 4 ↗
George R. MrkonicDirector2026-06-15D383476182,247CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 10 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Gisel RuizDirector2026-06-10A404$0$0Derivative, Class A CommonForm 4 ↗
Kelly E. GarciaDirector2026-06-10A40400CommonForm 4 ↗
Michael C. SmithDirector2026-06-10A40400CommonForm 4 ↗
Stephenie LandryDirector2026-06-10A40400CommonForm 4 ↗
Martin BrokDirector2026-06-10A40400CommonForm 4 ↗
Catherine A. HalliganDirector2026-06-10A40400CommonForm 4 ↗
Patricia A. LittleDirector2026-06-10A40400Derivative, Class A CommonForm 4 ↗
George R. MrkonicDirector2026-06-10A40400CommonForm 4 ↗
Lorna E. NaglerDirector2026-06-10A40400CommonForm 4 ↗
George R. MrkonicDirector2026-06-15D383476182,247CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Christopher DelOreficeRSU2025-12-091,825$1,100,420
Christopher LialiosRSU2025-03-31558204,529
Christopher LialiosOPTION2025-03-3181287,590
Anita RyanOPTION2025-03-314,438500,029
Paula OyiboRSU2025-03-312,160791,726
Anita RyanRSU2025-03-311,365500,327
Kecia SteelmanRSU2025-03-3113,0764,792,877
Christopher DelOreficeRSU2025-12-093,6492,200,238
Anita RyanRSU2025-03-311,978725,016
Kecia SteelmanOPTION2025-03-3144,4294,792,556
Anita RyanOPTION2025-03-316,722725,102
Paula OyiboOPTION2025-03-317,340791,766
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Christopher DelOrefice$3,300,658$0$00.0%
Christopher Lialios204,529087,5900.0%
Anita Ryan1,225,34301,225,1310.0%
Paula Oyibo791,7260791,7660.0%
Kecia Steelman4,792,87704,792,5560.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Kecia SteelmanPSU4,064$2,630,871
Kecia SteelmanRSU19,48512,613,810
Christopher LialiosRSU1,192771,653
Christopher LialiosOption812366.54
Anita RyanPSU773500,409
CásaresRSU1,8501,197,616
Christopher LialiosPSU271175,435
Anita RyanRSU4,5552,948,725
Jodi CaroRSU1,6641,077,207
Christopher DelOreficeRSU5,4743,543,649
CásaresOption6,333342.93
Anita RyanOption11,160366.54
Kecia SteelmanOption1,761395.84
Christopher LialiosOption262395.84
Anita RyanOption214395.84
Jodi CaroPSU992642,181
Kecia SteelmanOption44,429366.54
Jodi CaroOption469395.84
05

Incentive-plan design — the Compensation Discussion & Analysis

Our executive compensation philosophy is to provide compensation opportunities that attract, retain, and motivate talented key executives. We link annual incentive compensation to our performance on a key measurable financial goal – EBT – that drives stockholder value. We focus a significant portion of our NEOs compensation on equity-based incentives to align their interests closely with those of stockholders. We manage pay for performance such that pay is clearly linked to business, individual, and stock price performance.

CEO STI target (% of salary)180%
CEO LTI target (% of salary)
Independent consultantWillis Towers Watson
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-06-1132,532,3183,168,414557,34991.13%Passed
20242024-06-1134,710,8203,668,676536,42690.44%Passed
20232023-06-0136,362,0683,619,347825,43489.11%Passed
20222022-06-0138,727,1122,922,9801,305,87290.16%Passed
20212021-06-0241,163,0064,536,084126,47289.83%Passed
20202020-06-0342,722,1482,521,2221,169,94692.05%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20252025-06-1191.13%a
20242024-06-1190.44%b
20232023-06-0189.11%c

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes will be counted towards a quorum but will not be counted for any purpose in determining whether the nominees have been elected.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will be counted towards a quorum but will not be counted for any purpose in determining whether the nominees have been elected.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will be counted toward a quorum and the tabulation of votes cast on proposals presented to the stockholders, but will have the same effect as a vote against this proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)1,296 : 1
CEO total compensation$15,403,663
Median employee compensation$11,883
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Lorna E. NaglerIndependent · Board Chair$325,000$175,020$0$0$500,020
Patricia A. LittleIndependent · Audit (Chair)165,000175,02000340,020
Gisel RuizIndependent · Compensation (Chair)160,000175,02000335,020
George R. MrkonicIndependent · Compensation150,000175,02000325,020
Michael C. SmithIndependent · Audit125,000175,02000300,020
Catherine A. HalliganIndependent · Compensation · Nominating/Governance125,000175,02000300,020
Kelly E. GarciaIndependent · Audit · Nominating/Governance125,000175,02000300,020
Heidi G. PetzIndependent · Audit125,000175,02000300,020
Michelle L. CollinsIndependent · Compensation125,000175,02000300,020
Martin BrokIndependent · Audit · Compensation · Newly elected52,500136,48600188,986
Stephenie LandryIndependent · Audit · Compensation · Newly elected52,500136,48600188,986
Michael R. MacDonaldIndependent · Not standing for re-election · Departed during FY44,68800044,688
Kecia L. SteelmanEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$125,000
Annual equity retainer$175,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)40,000 / 35,000 / 25,000
Stock ownership guideline5x annual cash retainer ($625,000)
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,574,688
Equity awards (grant-date value)$1,848,152
All other compensation$0
Total cost of the board$3,422,840

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Ulta Beauty names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Ulta Beauty.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Williams-Sonoma, Inc.2025Laura Alber$1,600,000$18,999,797$0$12,500,000$33,297,422
2Tractor Supply Company2025Harry Lawton III1,344,23126,937,3832,311,7401,635,83732,277,194
3Lululemon Athletica Inc.2025Calvin McDonald1,393,2697,800,00113,800,030994,79424,023,294
4V.F. Corporation2026Bracken Darrell1,300,00014,536,58102,870,40018,946,597
5Ross Stores, Inc.2025James Conroy1,450,00010,650,10004,233,13017,406,705
6Gap, Inc.2025Richard Dickson1,400,00010,891,24204,435,63817,185,636
7Burlington Stores, Inc.2025Michael O'Sullivan1,519,53510,842,76804,771,34117,149,564
8PVH Corp.2025Stefan Larsson1,450,00012,200,53002,142,23016,165,385
9Ulta Beauty2025Kecia Steelman1,350,0034,792,8774,792,5564,383,97215,403,663
10Foot Locker, Inc.2024Mary Dillon1,431,25011,000,0470012,501,074
11AutoZone Inc.2025Philip Daniele III1,000,00027,7547,198,7891,257,7519,636,414
12Bath & Body Works, Inc.2025Daniel Heaf913,8465,043,7710358,9536,587,902

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Ulta Beauty180.41%Options 50 · RSU 50not disclosedWillis Towers Watson
AutoZone Inc.96.75%Options 100not disclosedPearl Meyer
Bath & Body Works, Inc.32.2%PSU 60 · RSU 40Yes — relative TSR assessed against the companies listed in the S&P Composite 1500 Consumer Discretionary Distribution & Retail IndexMeridian Compensation Partners, LLC
Burlington Stores, Inc.157%PSU 65 · RSU 35NoMeridian Compensation Partners
Foot Locker, Inc.not disclosedPSU 60 · RSU 40Yes — rTSRCompensation Advisory Partners
Gap, Inc.158%PSU 67 · RSU 33NoFrederic W. Cook & Co., Inc.
Lululemon Athletica Inc.35.7%PSU 60 · RSU 20 · Options 20NoWTW (Willis Towers Watson)
PVH Corp.73.87%PSU 50 · RSU 50Yes — relative TSRFrederic W. Cook & Co. (FW Cook)
Ross Stores, Inc.145.97%not disclosedNoExequity, LLP
Tractor Supply Company80.8%PSU 50 · Options 25 · RSU 25NoPearl Meyer & Partners, LLC
V.F. Corporation110.4%RSU 100Yes — Three-Year rTSR Modifier (FY2025-2027 PRSU)Meridian Compensation Partners, LLC
Williams-Sonoma, Inc.157.9%PSU 63 · RSU 37NoPay Governance LLC

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Kecia SteelmanDEF 14A2026-04-220001104659-26-046308Section “Summary Compensation Table”. As printed: 15,403,663. Filing ↗machine: t216 · r7 · c24 · span 1201446–1201456
2Section 01, Christopher DelOreficeDEF 14A2026-04-220001104659-26-046308Section “Summary Compensation Table”. As printed: 4,469,098. Filing ↗machine: t216 · r11 · c24 · span 1230378–1230387
3Section 01, Rene CasaresDEF 14A2026-04-220001104659-26-046308Section “Summary Compensation Table”. As printed: 4,210,828. Filing ↗machine: t216 · span 1259026–1259035
4Section 01, Anita RyanDEF 14A2026-04-220001104659-26-046308Section “Summary Compensation Table”. As printed: 4,187,481. Filing ↗machine: t216 · r18 · c24 · span 1280420–1280429
5Section 01, Paula OyiboDEF 14A2026-04-220001104659-26-046308Section “Summary Compensation Table”. As printed: 3,125,714. Filing ↗machine: t216 · r22 · c24 · span 1309044–1309053
6Section 01, Christopher LialiosDEF 14A2026-04-220001104659-26-046308Section “Summary Compensation Table”. As printed: 1,455,069. Filing ↗machine: t216 · r25 · c24 · span 1330542–1330551
7Section 01, Jodi CaroDEF 14A2026-04-220001104659-26-046308Section “Summary Compensation Table”. As printed: 192,670. Filing ↗machine: t216 · r28 · c24 · span 1351966–1351973
8Section 03, Christopher DelOrefice RSUDEF 14A2026-04-220001104659-26-046308Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t240 · r4 · c9 · span 2075665–2075670
9Section 03, Christopher Lialios RSUDEF 14A2026-04-220001104659-26-046308Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t216 · r25 · c12 · span 1327227–1327234
10Section 03, Christopher Lialios OPTIONDEF 14A2026-04-220001104659-26-046308Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t216 · r25 · c15 · span 1328056–1328062
11Section 03, Anita Ryan OPTIONDEF 14A2026-04-220001104659-26-046308Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
12Section 03, Paula Oyibo RSUDEF 14A2026-04-220001104659-26-046308Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t216 · r22 · c12 · span 1305687–1305694
13Section 03, Anita Ryan RSUDEF 14A2026-04-220001104659-26-046308Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
14Section 03, Kecia Steelman RSUDEF 14A2026-04-220001104659-26-046308Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t216 · r7 · c12 · span 1198048–1198057
15Section 03, Christopher DelOrefice RSUDEF 14A2026-04-220001104659-26-046308Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t240 · r4 · c12 · span 2076428–2076433
16Section 03, Anita Ryan RSUDEF 14A2026-04-220001104659-26-046308Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
17Section 03, Kecia Steelman OPTIONDEF 14A2026-04-220001104659-26-046308Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t216 · r7 · c15 · span 1198898–1198907
18Section 03, Anita Ryan OPTIONDEF 14A2026-04-220001104659-26-046308Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
19Section 03, Paula Oyibo OPTIONDEF 14A2026-04-220001104659-26-046308Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t216 · r22 · c15 · span 1306535–1306542
20Section 07, pay ratioDEF 14A2026-04-220001104659-26-046308Section “CEO Pay Ratio”. As printed: 1296 : 1. Filing ↗
21Section 08, Lorna E. NaglerDEF 14A2026-04-220001104659-26-046308Section “Director Compensation”. As printed: 500,020. Filing ↗machine: t78 · r5 · c9 · span 637981–637988
22Section 08, Patricia A. LittleDEF 14A2026-04-220001104659-26-046308Section “Director Compensation”. As printed: 340,020. Filing ↗machine: t78 · r11 · c9 · span 655065–655072
23Section 08, Gisel RuizDEF 14A2026-04-220001104659-26-046308Section “Director Compensation”. As printed: 335,020. Filing ↗machine: t78 · r15 · c9 · span 666449–666456
24Section 08, George R. MrkonicDEF 14A2026-04-220001104659-26-046308Section “Director Compensation”. As printed: 325,020. Filing ↗machine: t78 · r13 · c9 · span 660770–660777
25Section 08, Michael C. SmithDEF 14A2026-04-220001104659-26-046308Section “Director Compensation”. As printed: 300,020. Filing ↗machine: t78 · r16 · c9 · span 669293–669300
26Section 08, Catherine A. HalliganDEF 14A2026-04-220001104659-26-046308Section “Director Compensation”. As printed: 300,020. Filing ↗machine: t78 · r9 · c9 · span 649372–649379
27Section 08, Kelly E. GarciaDEF 14A2026-04-220001104659-26-046308Section “Director Compensation”. As printed: 300,020. Filing ↗machine: t78 · r8 · c9 · span 646518–646525
28Section 08, Heidi G. PetzDEF 14A2026-04-220001104659-26-046308Section “Director Compensation”. As printed: 300,020. Filing ↗machine: t78 · r14 · c9 · span 663611–663618
29Section 08, Michelle L. CollinsDEF 14A2026-04-220001104659-26-046308Section “Director Compensation”. As printed: 300,020. Filing ↗machine: t78 · r7 · c9 · span 643675–643682
30Section 08, Martin BrokDEF 14A2026-04-220001104659-26-046308Section “Director Compensation”. As printed: 188,986. Filing ↗machine: t78 · r6 · c9 · span 640823–640830
31Section 08, Stephenie LandryDEF 14A2026-04-220001104659-26-046308Section “Director Compensation”. As printed: 188,986. Filing ↗machine: t78 · r10 · c9 · span 652219–652226
32Section 08, Michael R. MacDonaldDEF 14A2026-04-220001104659-26-046308Section “Director Compensation”. As printed: 44,688. Filing ↗machine: t78 · r12 · c3 · span 656364–656370
33Section 08, Kecia L. SteelmanDEF 14A2026-04-220001104659-26-046308Section “Director Compensation”. As printed: 0. Filing ↗
34Section 02, Gisel Ruiz 2026-06-10Form 42026-06-110000897069-26-001382Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Kelly E. Garcia 2026-06-10Form 42026-06-110000897069-26-001369Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Michael C. Smith 2026-06-10Form 42026-06-110000897069-26-001384Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Stephenie Landry 2026-06-10Form 42026-06-110000897069-26-001373Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Martin Brok 2026-06-10Form 42026-06-110000897069-26-001367Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Catherine A. Halligan 2026-06-10Form 42026-06-110000897069-26-001371Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Patricia A. Little 2026-06-10Form 42026-06-110000897069-26-001376Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, George R. Mrkonic 2026-06-10Form 42026-06-110000897069-26-001378Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Lorna E. Nagler 2026-06-10Form 42026-06-110000897069-26-001380Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, George R. Mrkonic 2026-06-15Form 42026-06-160000897069-26-001418Insider equity transaction reported since the proxy statement. Filing ↗
44Section 06, 2025 voteForm 8-K2025-06-130001558370-25-008584Item 5.07 · say-on-pay result. As reported: 91.13% (votes for as printed: 32,532,318). Filing ↗
45Section 06, 2024 voteForm 8-K2024-06-170001558370-24-009248Item 5.07 · say-on-pay result. As reported: 90.44% (votes for as printed: 34,710,820). Filing ↗
46Section 06, 2023 voteForm 8-K2023-06-070001558370-23-010870Item 5.07 · say-on-pay result. As reported: 89.11% (votes for as printed: 36,362,068). Filing ↗
47Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
48Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
49Section 09b board cost (computed)ComputedcomputedCash 1,574,688 + equity 1,848,152 + all other 0 = 3,422,840, summed across the director compensation table rows.machine: formula: Σ = 3,422,840
50Williams-Sonoma, Inc., Section 10b CEO totalDEF 14A2026-05-060000719955-26-000109CEO total compensation as printed in Williams-Sonoma, Inc.'s own proxy. As printed: 33,297,422. Filing ↗machine: r2 · c24 · span 847173–847184
51Tractor Supply Company, Section 10b CEO totalDEF 14A2026-03-260001193125-26-126620CEO total compensation as printed in Tractor Supply Company's own proxy. As printed: 32,277,194. Filing ↗machine: t220 · r2 · c25 · span 849102–849112
52Lululemon Athletica Inc., Section 10b CEO totalDEF 14A2026-05-180001213900-26-058095CEO total compensation as printed in Lululemon Athletica Inc.'s own proxy. As printed: 24,023,294. Filing ↗machine: t70 · r3 · c8 · span 1864711–1864721
53V.F. Corporation, Section 10b CEO totalDEF 14A2026-06-150001193125-26-270610CEO total compensation as printed in V.F. Corporation's own proxy. As printed: 18,946,597. Filing ↗machine: t199 · span 1042203–1042213
54Ross Stores, Inc., Section 10b CEO totalDEF 14A2026-04-070000745732-26-000013CEO total compensation as printed in Ross Stores, Inc.'s own proxy. As printed: 17,406,705. Filing ↗machine: span 525142–525152
55Gap, Inc., Section 10b CEO totalDEF 14A2026-03-270001628280-26-021740CEO total compensation as printed in Gap, Inc.'s own proxy. As printed: 17,185,636. Filing ↗machine: r3 · c27 · span 1131780–1131790
56Burlington Stores, Inc., Section 10b CEO totalDEF 14A2026-04-020001193125-26-140144CEO total compensation as printed in Burlington Stores, Inc.'s own proxy. As printed: 17,149,564. Filing ↗machine: t163 · r3 · c27 · span 1994972–1994982
57PVH Corp., Section 10b CEO totalDEF 14A2026-05-080001213900-26-053710CEO total compensation as printed in PVH Corp.'s own proxy. As printed: 16,165,385. Filing ↗machine: t83 · r1 · c9 · span 2386148–2386158
58Ulta Beauty (subject), Section 10b CEO totalDEF 14A2026-04-220001104659-26-046308CEO total compensation as printed in Ulta Beauty's own proxy. As printed: 15,403,663. Filing ↗machine: t216 · r7 · c24 · span 1201446–1201456
59Foot Locker, Inc., Section 10b CEO totalDEF 14A2025-04-100001104659-25-033769CEO total compensation as printed in Foot Locker, Inc.'s own proxy. As printed: 12,501,074. Filing ↗machine: t258 · r2 · c28 · span 2181785–2181795
60AutoZone Inc., Section 10b CEO totalDEF 14A2025-10-280001104659-25-103210CEO total compensation as printed in AutoZone Inc.'s own proxy. As printed: 9,636,414. Filing ↗machine: t176 · span 1797509–1797518
61Bath & Body Works, Inc., Section 10b CEO totalDEF 14A2026-04-280001140361-26-017465CEO total compensation as printed in Bath & Body Works, Inc.'s own proxy. As printed: 6,587,902. Filing ↗machine: t208 · r2 · c27 · span 1059766–1059775
62Section 10a, Burlington Stores, Inc. reciprocityDEF 14A0001193125-26-140144Burlington Stores, Inc. names Ulta Beauty in its own disclosed peer group (read from its most recent proxy). Filing ↗
63Section 10a, Foot Locker, Inc. reciprocityDEF 14A0001104659-25-033769Foot Locker, Inc.'s most recent proxy was read; its disclosed peer group does not include Ulta Beauty. Filing ↗
64Section 10a, Tractor Supply Company reciprocityDEF 14A0001193125-26-126620Tractor Supply Company names Ulta Beauty in its own disclosed peer group (read from its most recent proxy). Filing ↗
65Section 10a, AutoZone Inc. reciprocityDEF 14A0001104659-25-103210AutoZone Inc.'s most recent proxy was read; its disclosed peer group does not include Ulta Beauty. Filing ↗
66Section 10a, Bath & Body Works, Inc. reciprocityDEF 14A0001140361-26-017465Bath & Body Works, Inc. names Ulta Beauty in its own disclosed peer group (read from its most recent proxy). Filing ↗
67Section 10a, Gap, Inc. reciprocityDEF 14A0001628280-26-021740Gap, Inc. names Ulta Beauty in its own disclosed peer group (read from its most recent proxy). Filing ↗
68Section 10a, Ross Stores, Inc. reciprocityDEF 14A0000745732-26-000013Ross Stores, Inc. names Ulta Beauty in its own disclosed peer group (read from its most recent proxy). Filing ↗
69Section 10a, Williams-Sonoma, Inc. reciprocityDEF 14A0000719955-26-000109Williams-Sonoma, Inc. names Ulta Beauty in its own disclosed peer group (read from its most recent proxy). Filing ↗