Form 4: e.l.f. Beauty Executive Sells Shares
Insider Transaction Report
Kory Marchisotto, Senior Vice President and Chief Marketing Officer of e.l.f. Beauty, Inc., reported the sale of 23,796 shares of common stock on April 27, 2026, for $63.66 per share.
Summary
- Kory Marchisotto, Senior Vice President and Chief Marketing Officer of e.l.f. Beauty, Inc., has reported transactions related to company stock.
- On April 24, 2026, 42,237 shares were acquired, valued at $0, which are performance-based restricted stock units (PSUs) granted on June 1, 2023, that met their vesting conditions.
- On April 27, 2026, 23,796 shares were disposed of at a price of $63.66 per share.
- The sale of these shares was to cover tax or government withholding obligations related to the vesting of PSUs.
- Following these transactions, Marchisotto beneficially owns 152,417 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it reports a standard transaction for tax withholding upon vesting of performance-based stock units, without indicating a change in the executive's overall conviction in the company.
Positives
- Vesting of performance-based restricted stock units (PSUs) indicates achievement of company performance targets.
- The reporting person continues to hold a significant number of shares (152,417) after the sale.
Negatives
- A portion of vested shares were sold, potentially indicating a need for liquidity or a decision to realize gains.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing, which primarily reports past transactions.
Industry Context
StockSavvy.ai notes that insider sales, particularly those to cover tax obligations, are common events for executives upon the vesting of equity awards. The key is to monitor the volume and frequency of such sales relative to the executive's total holdings and the company's performance.
Stakeholder Impact
- Shareholders: The sale is to cover tax obligations, not necessarily a reflection of negative sentiment towards the stock, but it does reduce the number of shares held by a key executive.
Key Dates
| Date | Description |
|---|---|
| 06/01/2023 | Initial grant date for performance-based restricted stock units (PSUs). |
| 04/24/2026 | Certification date for the achievement of performance-based vesting conditions for PSUs. |
| 04/24/2026 | Date of acquisition of 42,237 shares (PSUs). |
| 04/27/2026 | Date of disposition of 23,796 shares. |
| 04/28/2026 | Date of filing of the Form 4. |
Keywords
e.l.f. Beauty, Form 4, insider trading, stock sale, restricted stock units, PSUs, Kory Marchisotto, executive compensation, beneficial ownership
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