Form 4: ELF CEO Tarang Amin Transfers Shares to Family Trusts
Insider Transaction Report
e.l.f. Beauty CEO Tarang Amin reported transfers of common stock to family trusts, adjusting his direct and indirect beneficial ownership.
Summary
- Tarang Amin, Chief Executive Officer and Director of e.l.f. Beauty, Inc. (ELF), reported changes in his beneficial ownership of the company's common stock.
- On November 11, 2025, Amin transferred 37,570 shares of common stock, $0.01 par value, from his direct ownership to Family Trusts.
- Following this transaction, Amin directly beneficially owns 122,470 shares, which includes 81,818 restricted stock units.
- On November 11, 2025, the Family Trust acquired 37,570 shares indirectly.
- On November 12, 2025, further indirect transfers of 18,785 shares each occurred within Family Trusts.
- Amin also holds indirect beneficial ownership through the Amin Family General Partnership (468,532 shares), 2025 Family Trust I (40,295 shares), and 2025 Family Trust II (40,295 shares).
- All reported transactions were coded as 'G', indicating a gift, and were made pursuant to a Rule 10b5-1(c) plan.
Sentiment
Score: 5
Explanation: This Form 4 reports routine insider transactions involving transfers of shares to family trusts, which is a common estate planning activity. It does not reflect positively or negatively on the company's operational performance or financial health.
Industry Context
This filing is a routine disclosure of insider stock transactions and does not provide information directly related to broader industry trends or competitive positioning within the beauty and cosmetics sector. Such transfers are common for executive estate planning.
Related Party Transactions
- Transfers of common stock by CEO Tarang Amin to Family Trusts are considered related party transactions, as they involve the executive and entities controlled by his family for estate planning purposes.
Stakeholder Impact
- Shareholders: Minimal direct impact as these are internal transfers for estate planning and do not represent open market sales or purchases that would typically signal management's view on valuation or company prospects.
Key Dates
| Date | Description |
|---|---|
| 11/11/2025 | Transaction date for the transfer of 37,570 shares of common stock from direct ownership to Family Trusts. |
| 11/12/2025 | Transaction date for further indirect transfers of 18,785 shares each within Family Trusts. |
| 11/13/2025 | Date the Statement of Changes in Beneficial Ownership (Form 4) was signed. |
Keywords
e.l.f. Beauty, ELF, Tarang Amin, Insider Transaction, Form 4, Beneficial Ownership, Stock Transfer, Family Trust, Corporate Governance
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