ELF.NYSEElf Beauty, INC

Form 4: E.L.F. Beauty Executive Jennifer Hartnett Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

📋All filings for Elf Beauty, INC
🔒Login to Follow

Jennifer Hartnett, Chief Commercial Officer of e.l.f. Beauty, Inc., reports acquisition and disposal of company stock, including sales to cover tax obligations related to vesting Restricted Stock Units.

Summary

  • On June 3, 2024, Jennifer Catherine Hartnett, Chief Commercial Officer of e.l.f. Beauty, Inc., acquired 11,198 shares of common stock at $0.
  • These shares were related to Restricted Stock Units (RSUs) vesting in four equal annual installments, contingent upon continued service.
  • The report does not include Performance Stock Units that vest based on performance metrics.
  • On June 5, 2024, Hartnett sold 9,808 shares of common stock at a price of $184.96 per share.
  • The sale was executed to satisfy tax or other government withholding obligations associated with the vesting of RSUs.
  • Following these transactions, Hartnett beneficially owns 61,647 shares, including 52,010 RSUs.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation and tax obligations.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be an indicator of management's confidence in the company's prospects. The sale to cover tax obligations is a common occurrence.

Key Dates

DateDescription
06/03/2024Acquisition of 11,198 shares of common stock.
06/05/2024Sale of 9,808 shares of common stock at $184.96 per share.
06/07/2024Date of signature for the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.