e.l.f. Beauty CEO amends Form 4; exercises 194,537 options
Accepted by SEC EDGAR
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Form Type
4/A
Rhea-AI Filing Summary
e.l.f. Beauty (ELF) reported an amended Form 4 for CEO and Director Tarang Amin, correcting prior figures and detailing a 10b5-1 plan transaction on 10/01/2025. Amin exercised 194,537 stock options at $17 and executed sales solely to cover tax liabilities, then retained the remaining exercise shares.
Sales disclosed were 6,817 shares at a weighted average $130.3629, 33,038 at $131.8583, 64,030 at $132.4099, and 12,430 at $133.4391. Following these transactions, direct beneficial ownership was 160,040 shares, which includes 81,818 restricted stock units. Additional indirect holdings were reported through family trusts and a family partnership.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
6 txns
Insider
AMIN TARANG
Role
Chief Executive Officer
Sold
116,315 shs ($15.38M)
Approx. gross sale proceeds
$15.38M
Approx. exercise cost
$3.31M
Share of Position Sold
42.1%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 194,537 | $0.00 | $0.00 |
| Exercise | Common Stock, $0.01 par value | 194,537 | $17.00 | $3.31M |
| Sale | Common Stock, $0.01 par value | 6,817 | $130.3629 | $889K |
| Sale | Common Stock, $0.01 par value | 33,038 | $131.8583 | $4.36M |
| Sale | Common Stock, $0.01 par value | 64,030 | $132.4099 | $8.48M |
| Sale | Common Stock, $0.01 par value | 12,430 | $133.4391 | $1.66M |
| 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 | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 contracts (Direct);
Common Stock, $0.01 par value — 160,040 shares (Direct);
Common Stock, $0.01 par value — 456,074 shares (Indirect, By Family Trust);
Common Stock, $0.01 par value — 468,532 shares (Indirect, By Amin Family General Partnership);
Common Stock, $0.01 par value — 40,295 shares (Indirect, By 2025 Family Trust I);
Common Stock, $0.01 par value — 40,295 shares (Indirect, By 2025 Family Trust II)
Holdings Before and After:
Stock Option (Right to Buy), 194,537 to 0 contracts (Direct);
Common Stock, $0.01 par value, 81,818 to 160,040 shares (Direct)
Footnotes (7)
- F1. Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on June 13, 2025 and in connection with an exercise of stock options set to expire in September 2026. The sales reported herein were made solely to cover tax liabilities in connection with the exercise of stock options. The Reporting Person otherwise retained the remaining shares from the exercise.
- F2. Includes 81,818 restricted stock units.
- F3. The transaction was executed in multiple trades in prices ranging from $130.05 to $130.76, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The reporting person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F4. The transaction was executed in multiple trades in prices ranging from $131.07 to $132.06, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The reporting person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F5. The transaction was executed in multiple trades in prices ranging from $132.07 to $133.06, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The reporting person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F6. The transaction was executed in multiple trades in prices ranging from $133.07 to $134.04, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The reporting person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F7. The stock option is fully vested and exercisable.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ELF’s CEO Tarang Amin report in the amended Form 4/A?
He corrected prior figures and disclosed exercising 194,537 options at $17 on 10/01/2025, with sales made solely to cover taxes under a 10b5-1 plan.
What is Tarang Amin’s direct ownership after these transactions?
Direct beneficial ownership is 160,040 shares, including 81,818 restricted stock units.
Were the sales discretionary or part of a plan?
They were made pursuant to a 10b5-1 trading plan adopted on June 13, 2025 and solely to cover tax liabilities from the option exercise.
What happened to the exercised stock option position?
The option for 194,537 shares (exercise price $17, expiring 09/21/2026) is fully exercised, leaving 0 derivative securities.
Were any indirect ELF holdings reported?
Yes. Indirect holdings were listed through a Family Trust, the Amin Family General Partnership, and two 2025 Family Trusts.
AI-generated analysis. How Rhea-AI works. Not financial advice.
