Form 4: E.L.F. Beauty SVP Joshua Allen Franks Reports Stock Transactions
SEC Form 4 Filing
Joshua Allen Franks, SVP of Operations at e.l.f. Beauty, Inc., reports the acquisition and disposal of common stock related to performance-based restricted stock units.
Summary
- On April 18, 2025, Joshua Allen Franks acquired 94,027 shares of e.l.f. Beauty common stock related to performance-based restricted stock units (PSUs) that vested upon achievement of performance conditions.
- Following this transaction, Franks directly owns 166,013 shares of e.l.f. Beauty common stock, including 52,971 restricted stock units.
- On April 21, 2025, Franks sold 51,353 shares at a price of $53.36 per share to cover tax withholding obligations associated with the vesting of the PSUs, reducing his direct ownership to 114,660 shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. 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 insider, which is common for publicly traded companies. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders due to the increased supply of shares, but it is unlikely to be significant given the relatively small volume.
Key Dates
| Date | Description |
|---|---|
| June 1, 2022 | Initial grant date of performance-based restricted stock units (PSUs). |
| April 18, 2025 | Date of PSU vesting and acquisition of 94,027 shares. |
| April 18, 2025 | Compensation Committee certified the achievement of the performance-based vesting conditions for the PSUs. |
| April 21, 2025 | Date of sale of 51,353 shares at $53.36 per share for tax obligations. |
| April 22, 2025 | Date of signature on the Form 4 filing. |
Keywords
e.l.f. Beauty, Joshua Allen Franks, Form 4, Stock Transactions, Performance-Based Restricted Stock Units, PSUs, SVP Operations, Beneficial Ownership
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