e.l.f. Beauty (NYSE: ELF) CEO sells shares to cover PSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
e.l.f. Beauty, Inc. Chief Executive Officer Tarang Amin reported compensation-related stock activity and a tax-driven share sale. On April 24, 2026, he acquired 73,914 shares of common stock at $0.00 per share from performance-based restricted stock units whose vesting conditions were certified by the Compensation Committee. A footnote states his direct holdings include 80,255 restricted stock units. On April 27, 2026, he sold 41,520 shares of common stock at an average price of $63.66 per share, with a footnote explaining the sale was made solely to satisfy tax and other government withholding obligations related to the PSU vesting. Following these transactions, Amin held 112,690 shares directly, in addition to indirect holdings through family trusts and partnerships, including 468,532 shares held by the Amin Family General Partnership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 41,520 shares ($2,643,163)
Net Sell
10 txns
Insider
AMIN TARANG
Role
Chief Executive Officer
Sold
41,520 shs ($2.64M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.01 par value | 41,520 | $63.66 | $2.64M |
| Grant/Award | Common Stock, $0.01 par value | 73,914 | $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 | -- | -- | -- |
| holding | Common Stock, $0.01 par value | -- | -- | -- |
| holding | Common Stock, $0.01 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value — 112,690 shares (Direct, null);
Common Stock, $0.01 par value — 18,120 shares (Indirect, By Family Trust)
Footnotes (1)
- Represents performance-based restricted stock units ("PSUs") initially granted on June 1, 2023 that were subject to performance-based vesting conditions. The Compensation Committee certified the achievement of the performance-based vesting conditions for the PSUs on April 24, 2026. Includes 80,255 restricted stock units. Reflects the transfer of 18,120 shares to Family Trust. The shares were sold solely to satisfy tax or other government withholding obligations in connection with the vesting of shares subject to PSUs of the Issuer.
Key Figures
Shares sold: 41,520 shares
Sale price: $63.66 per share
PSU shares vested: 73,914 shares
+5 more
8 metrics
Shares sold
41,520 shares
Open-market sale on April 27, 2026 at $63.66 per share
Sale price
$63.66 per share
Average price for 41,520 shares sold on April 27, 2026
PSU shares vested
73,914 shares
Acquired at $0.00 per share on April 24, 2026 from PSUs
Direct holdings after transactions
112,690 shares
Direct e.l.f. Beauty common stock held following April 27, 2026 sale
RSUs included in holdings
80,255 restricted stock units
Included within reported direct equity position per footnote
Amin Family General Partnership holdings
468,532 shares
Indirectly held e.l.f. Beauty common stock as of April 24, 2026
Family Trust block
246,822 shares
Indirect holdings reported for a Family Trust as of April 24, 2026
2025 GRAT holdings
20,326 shares each
Indirect holdings in Hirni Amin 2025 GRAT and Tarang Amin 2025 GRAT
Key Terms
performance-based restricted stock units, PSUs, restricted stock units, Family Trust, +2 more
6 terms
performance-based restricted stock units financial
"Represents performance-based restricted stock units ("PSUs") initially granted on June 1, 2023"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
PSUs financial
"The Compensation Committee certified the achievement of the performance-based vesting conditions for the PSUs"
PSUs are company shares promised to employees or executives that only become actual stock if the business hits specific performance targets over a set period. For investors, PSUs matter because they link pay to measurable outcomes — similar to a conditional bonus that converts into ownership — which can influence management decisions, dilution of shares, and signals about confidence in future results.
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.
Family Trust financial
"Reflects the transfer of 18,120 shares to Family Trust."
GRAT financial
"The Hirni Amin 2025 GRAT"
withholding obligations financial
"sold solely to satisfy tax or other government withholding obligations in connection with the vesting"
FAQ
What did e.l.f. Beauty (ELF) CEO Tarang Amin report in this Form 4?
Tarang Amin reported both a stock award vesting and a related tax-driven sale. He received 73,914 shares from performance-based restricted stock units, then sold 41,520 shares to cover tax and withholding obligations, while retaining a substantial direct and indirect ownership position.
What stock award did the e.l.f. Beauty (ELF) CEO receive in this filing?
The CEO received 73,914 shares of common stock at $0.00 per share from performance-based restricted stock units. The Compensation Committee certified the achievement of vesting conditions on April 24, 2026, converting these PSUs into shares and increasing his overall direct equity position.
What indirect e.l.f. Beauty (ELF) holdings linked to the CEO are disclosed?
The Form 4 lists several indirect holdings for entities associated with Tarang Amin. These include 468,532 shares held by the Amin Family General Partnership and additional blocks of shares held by multiple family trusts and 2025 GRATs, reflecting substantial family-related ownership outside his direct holdings.