e.l.f. Beauty (ELF) CEO option exercise and tax-cover share sale
Rhea-AI Filing Summary
e.l.f. Beauty, Inc. Chief Executive Officer Tarang Amin exercised stock options and sold shares in a planned transaction. On April 1, 2026, he exercised options for 71,000 shares of common stock at an exercise price of $26.84 per share, converting a derivative award into regular shares.
That same day, he sold 31,630 shares at $62.439 per share and 21,250 shares at $62.9289 per share, totaling 52,880 shares sold. According to the disclosure, these sales were made solely to cover tax liabilities in connection with the option exercise and were conducted under a Rule 10b5-1 trading plan. After the transactions, he held 98,416 shares directly, plus additional indirect holdings through various family trusts and partnerships.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
11 txns
Insider
AMIN TARANG
Role
Chief Executive Officer
Sold
52,880 shs ($3.31M)
Approx. gross sale proceeds
$3.31M
Approx. exercise cost
$1.91M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 71,000 | $0.00 | $0.00 |
| Exercise | Common Stock, $0.01 par value | 71,000 | $26.84 | $1.91M |
| Sale | Common Stock, $0.01 par value | 31,630 | $62.439 | $1.97M |
| Sale | Common Stock, $0.01 par value | 21,250 | $62.9289 | $1.34M |
| 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 | -- | -- | -- |
| holding | Common Stock, $0.01 par value | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 142,000 shares (Direct);
Common Stock, $0.01 par value — 98,416 shares (Direct);
Common Stock, $0.01 par value — 20,326 shares (Indirect, The Tarang Amin 2025 GRAT);
Common Stock, $0.01 par value — 20,326 shares (Indirect, The Hirni Amin 2025 GRAT);
Common Stock, $0.01 par value — 493,644 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)
Footnotes (5)
- F1. Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on June 13, 2025. 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 80,255 restricted stock units.
- F3. The transaction was executed in multiple trades in prices ranging from $61.75 to $62.74, 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 $62.75 to $63.53, 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. Fully vested and exercisable.
Key Figures
Options exercised: 71,000 shares at $26.84
Shares sold tranche 1: 31,630 shares at $62.439
Shares sold tranche 2: 21,250 shares at $62.9289
+3 more
6 metrics
Options exercised
71,000 shares at $26.84
Stock options exercised on April 1, 2026
Shares sold tranche 1
31,630 shares at $62.439
Open-market sale on April 1, 2026
Shares sold tranche 2
21,250 shares at $62.9289
Open-market sale on April 1, 2026
Total shares sold
52,880 shares
Net sell shares in transaction summary
Direct holdings after trades
98,416 shares
Common stock directly owned after April 1, 2026
RSUs included
80,255 restricted stock units
Included within reported holdings per footnote
Key Terms
Rule 10b5-1 trading plan, restricted stock units, weighted average sale price, grantor retained annuity trust (GRAT), +1 more
5 terms
Rule 10b5-1 trading plan financial
"Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on June 13, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"Includes 80,255 restricted stock units."
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.
weighted average sale price financial
"The price reported in Column 4 above reflects the weighted average sale price."
grantor retained annuity trust (GRAT) financial
"nature_of_ownership: "The Tarang Amin 2025 GRAT" and "The Hirni Amin 2025 GRAT""
Family Trust financial
"nature_of_ownership: "By Family Trust" and "By 2025 Family Trust I""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did e.l.f. Beauty (ELF) CEO Tarang Amin do in this Form 4 filing?
Tarang Amin exercised stock options for 71,000 e.l.f. Beauty shares at $26.84 per share, then sold 52,880 shares around $62. These transactions convert options into stock and provide cash to cover related tax obligations.