secwatch.observer — SEC 8-K summary
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Issuer:     Sally Beauty Holdings, Inc. (SBH)
CIK:        0001368458
Form:       8-K
Filed at:   2021-09-01T23:59:59+00:00
Accession:  0001104659-21-111822
Event type: leadership
Sentiment:  neutral
Materiality: 0.90
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sally Beauty Holdings appoints Denise Paulonis as President and CEO effective October 1, 2021
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- Denise Paulonis, a board member since 2018 and former Sprouts Farmers Market CFO, becomes President and CEO effective October 1, 2021.
- Chris Brickman steps down as CEO and Chairman on September 30, 2021, and will serve as a consultant through March 2022 for up to $500,000.
- Paulonis receives an annual salary of $1,100,000, a target bonus of 150% of base salary, and a long-term incentive award valued at $4,250,000.
- Paulonis receives a $400,000 sign-on bonus and special equity awards of restricted stock ($1,450,000) and stock options ($1,000,000) vesting over three years.
- Brickman's separation includes accelerated vesting of 275,570 options and 99,087 restricted shares, plus potential vesting of 24,202 performance-based RSUs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1368458/000110465921111822/0001104659-21-111822-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1368458/000110465921111822/tm2126737d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-111822

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer