e.l.f. Beauty SVP reports RSU grant and share sale
Rhea-AI Filing Summary
e.l.f. Beauty, Inc. Senior Vice President of Operations Joshua Allen Franks reported two equity transactions in common stock. On June 3, he acquired 42,315 shares at $0.00 per share as a grant or award, increasing his direct holdings. A footnote explains these are Restricted Stock Units that vest in four equal annual installments, subject to continued service, and that separate performance-based units will be reported when earned.
On June 4, he sold 6,854 shares at an average price of $51.94 per share. The filing states this sale was made solely to satisfy tax or other government withholding obligations tied to RSU vesting, indicating a routine, non-discretionary disposition rather than an ordinary open-market liquidation. After these transactions, Franks directly holds 153,532 shares, including 66,981 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.01 par value | 6,854 | $51.94 | $356K |
| Grant/Award | Common Stock, $0.01 par value | 42,315 | $0.00 | $0.00 |
Footnotes (3)
- F1. Reflects Restricted Stock Units ("RSUs") that vest in four equal annual installments subject to continued service and does not include Performance Stock Units that vest based upon performance metrics, which are expected to be reported upon achievement.
- F2. The shares were sold solely to satisfy tax or other government withholding obligations in connection with the vesting of shares subject to RSUs of the Issuer.
- F3. Includes 66,981 RSUs.
Key Figures
Key Terms
Restricted Stock Units ("RSUs") financial
Performance Stock Units financial
withholding obligations financial
FAQ
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What insider transactions did e.l.f. Beauty (ELF) report for Joshua Allen Franks?
What equity award did Joshua Allen Franks receive from e.l.f. Beauty (ELF)?
How do Joshua Allen Franks’ Restricted Stock Units in e.l.f. Beauty (ELF) vest?
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