e.l.f. Beauty (ELF) SVP sells shares to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
e.l.f. Beauty, Inc. senior vice president of operations Joshua Allen Franks reported an open-market sale of 3,505 shares of common stock at $51.53 per share on June 9, 2026. According to the filing, the shares were sold solely to satisfy tax or other government withholding obligations tied to vesting of Restricted Stock Units. Following this transaction, he holds 150,027 shares directly, including 66,981 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,505 shares ($180,613)
Net Sell
1 txn
Insider
Franks Joshua Allen
Role
SVP, Operations
Sold
3,505 shs ($181K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.01 par value | 3,505 | $51.53 | $181K |
Holdings After Transaction:
Common Stock, $0.01 par value — 150,027 shares (Direct, null)
Footnotes (1)
- The shares were sold solely to satisfy tax or other government withholding obligations in connection with the vesting of shares subject to Restricted Stock Units ("RSUs") of the Issuer. Includes 66,981 RSUs.
Key Figures
Shares sold: 3,505 shares
Sale price per share: $51.53 per share
Shares held after transaction: 150,027 shares
+1 more
4 metrics
Shares sold
3,505 shares
Open-market sale on June 9, 2026
Sale price per share
$51.53 per share
Average price for June 9, 2026 sale
Shares held after transaction
150,027 shares
Direct ownership following the sale
RSUs included in holdings
66,981 RSUs
Restricted Stock Units included in post-transaction total
Key Terms
Restricted Stock Units, RSUs, open-market sale, tax or other government withholding obligations
4 terms
Restricted Stock Units financial
"vesting of shares subject to Restricted Stock Units ("RSUs") of the Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Includes 66,981 RSUs."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
tax or other government withholding obligations financial
"shares were sold solely to satisfy tax or other government withholding obligations"
FAQ
What insider transaction did e.l.f. Beauty (ELF) report for Joshua Allen Franks?
Joshua Allen Franks reported selling 3,505 e.l.f. Beauty shares at $51.53 each. The filing explains the sale was made solely to cover tax or other government withholding obligations arising from the vesting of Restricted Stock Units.
What role does Joshua Allen Franks hold at e.l.f. Beauty (ELF)?
Joshua Allen Franks is identified as Senior Vice President, Operations at e.l.f. Beauty, Inc. This officer title is disclosed directly in the Form 4 and frames the context of his reported equity holdings and related share transactions.