Form 4: E.L.F. Beauty SVP, Operations Joshua Allen Franks Reports Sale of 727 Shares
SEC Form 4 Filing
Joshua Allen Franks, SVP of Operations at e.l.f. Beauty, Inc., reported selling 727 shares of common stock at a price of $165.16 per share on April 15, 2024, according to a Form 4 filing with the SEC.
Summary
- On April 15, 2024, Joshua Allen Franks, SVP of Operations at e.l.f. Beauty, Inc., sold 727 shares of common stock.
- The sale was executed at a price of $165.16 per share.
- Following the transaction, Franks directly owns 83,736 shares of e.l.f. Beauty, Inc., including 63,714 restricted stock units.
- The sale was conducted under a pre-arranged 10b5-1 trading plan adopted on June 8, 2023.
Sentiment
Score: 5
Explanation: Neutral. This is a standard SEC filing related to an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company.
Industry Context
This filing is a routine disclosure of insider trading activity. It provides transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.
Key Dates
| Date | Description |
|---|---|
| 06/08/2023 | Date the Reporting Person adopted the 10b5-1 trading plan |
| 04/15/2024 | Date of the transaction (sale of shares) |
| 04/17/2024 | Date of 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.