Company: SBH
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001193125-25-280122
Chunk: 63

Company: Sally Beauty Holdings, Inc.
Filing Date: 2025-11-13
Form: 10-K
Item: Item 6
Chunk 63
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 stock options vested during the fiscal years 2024 and 2023 was $1.9 million, and $3.2 million, respectively.The aggregate intrinsic value of options exercised during the fiscal years 2025, 2024 and 2023 was $0.5 million, $0.7 million, and $1.4 million, respectively. The total cash received during the fiscal years 2025, 2024 and 2023 from option exercises was $1.5 million, $1.8 million, and $1.9 million, respectively, and the tax benefit realized for the tax deductions from these option exercises was $0.1 million, $0.1 million, and $0.2 million, respectively.At September 30, 2025, there was no unrecognized compensation costs related to unvested stock option awards.RSUsThe following table presents a summary of the activity for our RSUs: 

         Restricted Stock Units
          
         Numberof Shares(in Thousands)

         WeightedAverageFair ValuePer Share

         Unvested at September 30, 2024

         2,351

         $
         10.25

         Granted

         1,172

         13.00

         Vested

         (1,075
         )

         11.34

         Forfeited

         (140
         )

         10.51

         Unvested at September 30, 2025

         2,308

         $
         11.12

       At September 30, 2025, approximately $12.9 million of total unrecognized compensation costs related to unvested RSUs are expected to be recognized over the weighted average period of 1.7 years.

F-18

Sally Beauty Holdings, Inc. and SubsidiariesNotes to Consolidated Financial StatementsFiscal Years ended September 30, 2025, 2024, and 2023 

7.LeasesDuring the fiscal year 2025, we executed a lease for our new corporate headquarters in Plano, Texas, which commenced on July 1, 2025, upon transfer of control of the property, and runs through October 31, 2041, with the option to renew through October 31, 2051. As such, the operating lease has an initial lease term of 26 years and 4 months. The undiscounted fixed payments per the lease total $240.