Scott C. Sherman, SVP, CLO and CHRO of Sally Beauty Holdings, Inc., filed a Form 4 on November 9, 2026, disclosing five derivative security acquisitions dated November 4, 2026, covering newly awarded restricted stock units and certified performance stock units.

Key Highlights

  • Reporting person: Scott C. Sherman, identified in the filing as SVP, CLO and CHRO of Sally Beauty Holdings, Inc. (NYSE:SBH).
  • New RSU award: 22,089 restricted stock units acquired on November 4, 2026, vesting in three equal installments on November 15, 2027, November 15, 2028, and November 15, 2029.
  • rTSR PSUs certified: 13,546 performance stock units earned under a three-year relative total shareholder return plan granted November 1, 2023, with payout scheduled for November 15, 2026.
  • AOIM PSUs certified (2023 grant): 6,773 PSUs earned for the third one-year AOIM performance period ending September 30, 2026, also paying out November 15, 2026.
  • AOIM PSUs certified (2024 grant): 5,651 PSUs earned for the second one-year AOIM performance period ending September 30, 2026, paying out November 15, 2026.
  • AOIM PSUs certified (2025 grant): 5,867 PSUs earned for the first one-year AOIM performance period ending September 30, 2026, paying out November 15, 2026.
  • Conversion ratio: According to the filing, all restricted stock units convert into common stock on a one-for-one basis, and all acquisition prices are listed as $0.

Sherman's November 2026 RSU Award and PSU Certifications at Sally Beauty

According to the filing, all five transactions carry a transaction date of November 4, 2026, and all are coded as acquisitions. The 22,089-unit RSU grant is a new equity award with a three-year vesting schedule: equal portions vest on November 15, 2027, November 15, 2028, and November 15, 2029. Following this transaction, the filing reports Sherman holds 22,089 of these units directly.

The remaining four line items reflect performance stock units whose outcomes were certified by the Compensation and Talent Committee of the Board of Directors. The largest block, 13,546 units, corresponds to PSUs originally granted November 1, 2023, with earnability tied to relative total shareholder return goals over a three-year period concluding September 30, 2026. The filing states the number reported "reflects the number of PSUs earned based on the certification" of that committee. Those units, along with two AOIM-linked tranches from the same 2023 grant date, are scheduled for payout on November 15, 2026. Following certification, the filing reports 27,092 of the rTSR units held directly.

Two additional AOIM tranches stem from PSU grants made on November 6, 2024, and November 5, 2025, respectively. Both cover the one-year performance period from October 1, 2025 through September 30, 2026, representing the second and first annual AOIM performance periods under those respective multi-year plans. Post-transaction beneficial ownership for each is reported as 11,302 and 11,734 units, directly held. The filing was signed by Rebecca Morley as Attorney in Fact on November 9, 2026.

What Was Disclosed

The filing disclosed five derivative security acquisitions by Sally Beauty Holdings SVP Scott C. Sherman, consisting of one new RSU grant of 22,089 units and four certified PSU tranches totaling 31,837 units, all recorded on November 4, 2026, with payouts for the PSU blocks set for November 15, 2026.