Form 4: E.L.F. Beauty Executive Scott Milsten Reports Stock Transactions

Scott Milsten, a Senior Vice President at e.l.f. Beauty, reported the acquisition and disposal of company stock to cover tax obligations related to vested performance-based restricted stock units.

Summary

• On April 18, 2025, Scott Milsten acquired 94,027 shares of e.l.f. Beauty common stock related to performance-based restricted stock units (PSUs) that vested.
• The Compensation Committee certified the achievement of the performance-based vesting conditions for these PSUs on the same day.
• Milsten also disposed of 51,351 shares on April 21, 2025, at a price of $53.36 per share.
• These shares were sold to cover tax withholding obligations associated with the vesting of the PSUs.
• Following these transactions, Milsten directly owns 111,529 shares and indirectly owns 22,761 shares through a trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders in publicly traded companies like e.l.f. Beauty.
• The transactions reported are typical for executives receiving and selling shares related to equity compensation plans.
• Similar filings can be observed for executives at comparable companies such as Coty Inc. and Estée Lauder Companies.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
• The sale of shares to cover tax obligations is a common practice and is unlikely to significantly affect the company's stock price.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Scott Milsten, E.L.F. Beauty, ELF, PSUs, Restricted Stock Units, Tax Withholding