e.l.f. Beauty (NYSE: ELF) CEO reports tax-related sale and 97,710-share gifts
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
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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 Trade Summary
| 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 |
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 110,496 RSUs.