SHERMAN SCOTT C (SVP & CHRO) exercised options at SALLY BEAUTY HOLDINGS, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

SHERMAN SCOTT C

Filed: 11/18/2025ACC: 0001718810-25-000006

InsiderSHERMAN SCOTT CCIK 1718810

→

IssuerSALLY BEAUTY HOLDINGS, INC.CIK 1368458

Officer· SVP & CHRO

Since Sep 2018

-17.98K

Net shares

Net seller

$255.0K

Total sold

Open market trades

0B · 0S

Total transactions

48.14K acquired · 66.12K disposed

Non-Derivative Transactions2

Common Stock

Direct

M · Option Exercise

+48.14K

Price / share

—

Trade value

—

% of position

113.5%

11/15/2025

42.43K→90.57K

Common Stock

Direct

F · Tax Withholding

−17.98K

Price / share

$14.18

Trade value

$255.01K

% of position

19.9%

11/15/2025

90.57K→72.58K

Total

Net shares

+30.15K

Net value

-$255.01K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	11/15/2025	M · Option Exercise	+48.14K	—	—	113.5%	42.43K	90.57K
Common Stock Direct	11/15/2025	F · Tax Withholding	−17.98K	$14.18	$255.01K	19.9%	90.57K	72.58K
Total			+30.15K		-$255.01K

Derivative Transactions7

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

9.46K shares

−9.46K

Strike price

Held after

18.91K

Exercisable

—

11/15/2025

Restricted Stock Units (1)

Direct

M · Option Exercise

Converts to

Common Stock

11.29K shares

−11.29K

Strike price

Held after

11.29K

Exercisable

—

11/15/2025

Restricted Stock Units (1)

Direct

M · Option Exercise

Converts to

Common Stock

7.96K shares

−7.96K

Strike price

Held after

0.00

Exercisable

—

11/15/2025

Restricted Stock Units (1)

Direct

M · Option Exercise

Converts to

Common Stock

9.30K shares

−9.30K

Strike price

Held after

0.00

Exercisable

—

11/15/2025

Restricted Stock Units (1), (5)

Direct

M · Option Exercise

Converts to

Common Stock

3.30K shares

−3.30K

Strike price

Held after

0.00

Exercisable

—

11/15/2025

Restricted Stock Units (1), (5)

Direct

M · Option Exercise

Converts to

Common Stock

2.95K shares

−2.95K

Strike price

Held after

0.00

Exercisable

—

11/15/2025

Restricted Stock Units (1), (5)

Direct

M · Option Exercise

Converts to

Common Stock

3.88K shares

−3.88K

Strike price

Held after

0.00

Exercisable

—

11/15/2025

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock9.46K shares	11/15/2025	M · Option Exercise	−9.46K	—	18.91K
Restricted Stock Units (1) Direct	Common Stock11.29K shares	11/15/2025	M · Option Exercise	−11.29K	—	11.29K
Restricted Stock Units (1) Direct	Common Stock7.96K shares	11/15/2025	M · Option Exercise	−7.96K	—	0.00
Restricted Stock Units (1) Direct	Common Stock9.30K shares	11/15/2025	M · Option Exercise	−9.30K	—	0.00
Restricted Stock Units (1), (5) Direct	Common Stock3.30K shares	11/15/2025	M · Option Exercise	−3.30K	—	0.00
Restricted Stock Units (1), (5) Direct	Common Stock2.95K shares	11/15/2025	M · Option Exercise	−2.95K	—	0.00
Restricted Stock Units (1), (5) Direct	Common Stock3.88K shares	11/15/2025	M · Option Exercise	−3.88K	—	0.00