Ulta Beauty adopts Executive Severance Plan providing 2x salary + bonus on qualifying termination

Ulta Beauty, Inc.

Plan covers executive officers; provides 2x base salary paid bi-weekly over 24 months.
One-time bonus equal to lower of target or actual bonus for fiscal year of termination.
Company-paid COBRA premiums for up to 12 months following termination.
Restrictive covenant period extended to 24 months from 12 months under existing CIPCA.
Plan supersedes prior severance arrangements; CIC Plan remains separate for change-in-control terminations.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.