STOCK TITAN

e.l.f. Beauty (NYSE: ELF) CEO reports tax-related sale and 97,710-share gifts

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

e.l.f. Beauty, Inc. director and Chief Executive Officer Tarang Amin reported several equity movements involving company common stock. Family-related entities associated with him made bona fide gifts totaling 97,710 shares on June 10, 2026, with no sale proceeds reported for these transfers.

The filing also shows an earlier disposition of 7,000 shares at $51.53 per share on June 9, 2025, which the footnotes state was sold solely to cover tax or other government withholding obligations tied to vesting Restricted Stock Units. After one of the June 2026 gifts, his direct holdings stood at 110,496 shares, and a footnote notes that this figure includes 110,496 RSUs.

Positive

  • None.

Negative

  • None.

Insights

ELF CEO reports routine tax sale and large equity gifts via family entities.

The filing shows Tarang Amin and related family vehicles making bona fide gifts of 97,710 shares of e.l.f. Beauty common stock. Gifts (code G) are non-cash transfers and do not represent market sales, so they carry limited signaling value for investors.

The earlier disposition of 7,000 shares at $51.53 on June 9, 2025 is explicitly described as satisfying tax and other withholding obligations on vesting RSUs, a common, mechanical event in equity compensation. The filing notes that current reported holdings include 110,496 RSUs, indicating a substantial remaining equity stake despite these routine transactions.

Insider AMIN TARANG
Role Chief Executive Officer
Sold 7,000 shs ($361K)
Type Security Shares Price Value
Gift Common Stock, $0.01 par value 18,097 $0.00 --
Gift Common Stock, $0.01 par value 18,097 $0.00 --
Gift Common Stock, $0.01 par value 30,758 $0.00 --
Gift Common Stock, $0.01 par value 30,758 $0.00 --
holding Common Stock, $0.01 par value -- -- --
holding Common Stock, $0.01 par value -- -- --
holding Common Stock, $0.01 par value -- -- --
holding Common Stock, $0.01 par value -- -- --
holding Common Stock, $0.01 par value -- -- --
holding Common Stock, $0.01 par value -- -- --
Sale Common Stock, $0.01 par value 7,000 $51.53 $361K
Holdings After Transaction: Common Stock, $0.01 par value — 110,496 shares (Direct, null); Common Stock, $0.01 par value — 30,758 shares (Indirect, By Family Trust)
Footnotes (1)
  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 110,496 RSUs.
Gifted shares 97,710 shares Total bona fide gifts reported on June 10, 2026
Tax-related sale 7,000 shares at $51.53 Sale on June 9, 2025 to satisfy withholding obligations
Direct shares after gift 110,496 shares Direct holdings following one June 10, 2026 gift
RSUs included 110,496 RSUs Footnote states reported position includes these RSUs
Family partnership holding 499,290 shares Total shares following one family partnership gift transaction
Family trust holding 30,758 shares Total shares following one family trust gift transaction
Restricted Stock Units ("RSUs") financial
"in connection with the vesting of shares subject to Restricted Stock Units ("RSUs") of the Issuer"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
withholding obligations financial
"sold solely to satisfy tax or other government withholding obligations in connection with the vesting of shares"
GRAT financial
"nature_of_ownership": "The Tarang Amin 2025 GRAT""
indirect ownership financial
"ownership_type": "indirect""
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
AMIN TARANG

(Last)(First)(Middle)
C/O E.L.F. BEAUTY, INC.
601 12TH STREET, SUITE 1400

(Street)
OAKLAND CALIFORNIA 94607

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
e.l.f. Beauty, Inc. [ ELF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, $0.01 par value06/09/2025S(1)7,000D$51.53128,593(2)D
Common Stock, $0.01 par value06/10/2026G18,097D$0110,496(2)D
Common Stock, $0.01 par value06/10/2026G18,097A$030,758IBy Family Trust
Common Stock, $0.01 par value06/10/2026G30,758D$00IBy Family Trust
Common Stock, $0.01 par value06/10/2026G30,758A$0499,290IBy Amin Family General Partnership
Common Stock, $0.01 par value265,769IBy Family Trust
Common Stock, $0.01 par value265,769IBy Family Trust
Common Stock, $0.01 par value20,326IThe Tarang Amin 2025 GRAT
Common Stock, $0.01 par value20,326IThe Hirni Amin 2025 GRAT
Common Stock, $0.01 par value40,295IBy 2025 Family Trust I
Common Stock, $0.01 par value40,295IBy 2025 Family Trust II
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. Includes 110,496 RSUs.
/s/ Scott K. Milsten, Attorney-in-Fact for Tarang Amin06/11/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did ELF CEO Tarang Amin report in this Form 4?

Tarang Amin reported bona fide gifts totaling 97,710 e.l.f. Beauty shares through family-related entities and a prior sale of 7,000 shares at $51.53 per share. The filing emphasizes the sale was to cover tax withholding on vesting Restricted Stock Units, not a discretionary open-market sale.

Was the ELF CEO’s 7,000-share sale a discretionary stock sale?

The 7,000 shares of e.l.f. Beauty stock sold at $51.53 on June 9, 2025 were not discretionary. A footnote clarifies they were sold solely to satisfy tax or other government withholding obligations arising from the vesting of Restricted Stock Units granted to the CEO.

What are Tarang Amin’s direct ELF share holdings after the reported gifts?

Following one of the June 10, 2026 gift transactions, the Form 4 shows Tarang Amin with 110,496 directly held e.l.f. Beauty shares. A footnote further notes that this holding figure includes 110,496 Restricted Stock Units, reflecting a significant ongoing equity-based position in the company.

How many Restricted Stock Units (RSUs) does the ELF CEO have according to this filing?

A footnote in the Form 4 states that the CEO’s reported position includes 110,496 Restricted Stock Units. RSUs are share-based awards that typically vest over time, so this number indicates a large component of Tarang Amin’s e.l.f. Beauty equity exposure remains in unvested or recently vested awards.

Do the reported ELF insider transactions suggest heavy selling by the CEO?

The filing does not show heavy discretionary selling. It reports a tax-related sale of 7,000 shares linked to RSU vesting and sizeable bona fide gifts of 97,710 shares by family entities. The CEO still reports substantial direct and RSU-based holdings in e.l.f. Beauty stock.