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

Evolus CFO Sandra Beaver sold 6,494 shares of common stock on May 13, 2025, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On May 13, 2025, Sandra Beaver, the Chief Financial Officer of Evolus, Inc. (EOLS), sold 6,494 shares of Evolus common stock.
• The sale was executed at a price of $10.02 per share.
• The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan.
• The purpose of the sale was to cover tax withholding obligations associated with the vesting of restricted stock units.
• Following the transaction, Sandra Beaver directly owns 167,089 shares of Evolus common stock.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (sale of shares to cover tax obligations) by a company executive, which is neither particularly positive nor negative.

Industry Context

Sales of shares by company executives are a normal part of corporate governance. Often these sales are planned in advance to avoid any perception of insider trading. The use of a 10b5-1 plan is a common practice to ensure compliance with securities laws.

Stakeholder Impact

• The sale of shares by a company executive can sometimes create short-term price volatility, but this transaction is unlikely to have a significant long-term impact on shareholders.

Key Dates

Keywords

Evolus, Sandra Beaver, EOLS, Form 4, Share Sale, CFO, Rule 10b5-1, Tax Obligations, Restricted Stock Units, Beneficial Ownership