Form 4: Evolus CFO Sandra Beaver Sells Shares to Cover Tax Obligations

Evolus CFO Sandra Beaver sold 8,996 shares of common stock on March 18, 2025, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On March 18, 2025, Sandra Beaver, the Chief Financial Officer of Evolus, Inc. (EOLS), sold 8,996 shares of the company's common stock.
• The sale was executed at a weighted average price of $13.2551 per share, with individual trades ranging from $13.185 to $13.256.
• Following the transaction, Beaver directly owns 173,583 shares of Evolus common stock.
• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan to cover tax withholding obligations associated with the vesting of restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock sale for tax purposes. It doesn't inherently convey positive or negative sentiment.

Industry Context

This is a routine Form 4 filing, indicating insider trading activity. It is common for executives to sell shares to cover tax obligations related to vesting equity awards. The use of a 10b5-1 plan suggests the trading was pre-planned and not based on inside information.

Key Dates

Keywords

Evolus, Sandra Beaver, EOLS, Form 4, insider trading, stock sale, Rule 10b5-1, CFO, tax obligations, restricted stock units