e.l.f. Beauty (NYSE: ELF) exec reports RSU grant and tax-driven share sale
Rhea-AI Filing Summary
e.l.f. Beauty, Inc. officer Kory Marchisotto reported compensation-related stock activity. On June 3, Marchissoto received 42,315 shares of common stock at $0.00 per share as a grant of Restricted Stock Units that vest in four equal annual installments, subject to continued service, separate from any performance-based units.
On June 4, Marchisotto sold 8,512 shares of common stock at $51.94 per share solely to cover tax and other government withholding obligations tied to RSU vesting. Following these transactions, Marchisotto directly owns 186,220 shares of common stock, which includes 66,981 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.01 par value | 8,512 | $51.94 | $442K |
| Grant/Award | Common Stock, $0.01 par value | 42,315 | $0.00 | -- |
Footnotes (1)
- 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. 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. Includes 66,981 RSUs.
Key Figures
Key Terms
Restricted Stock Units ("RSUs") financial
Performance Stock Units financial
withholding obligations financial
FAQ
What insider transactions did e.l.f. Beauty (ELF) report for Kory Marchisotto?
e.l.f. Beauty reported that officer Kory Marchisotto received a grant of 42,315 RSU shares and sold 8,512 shares of common stock. The sale was made solely to satisfy tax and other government withholding obligations related to RSU vesting.
What RSU award did Kory Marchisotto receive from e.l.f. Beauty (ELF)?
On June 3, Marchisotto received 42,315 RSUs of e.l.f. Beauty common stock at no cost. These RSUs vest in four equal annual installments, subject to continued service with the company over the vesting period.
How do RSUs and Performance Stock Units differ in this e.l.f. Beauty (ELF) filing?
The filing notes that reported RSUs vest in four equal annual installments with continued service. It also references separate Performance Stock Units that vest based on performance metrics and are expected to be reported when specific performance conditions are achieved.