e.l.f. Beauty (NYSE: ELF) director exercises options and sells 7,714 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Director Lauren Cooks Levitan of e.l.f. Beauty, Inc. exercised stock options and sold the resulting shares on the same day. She exercised options for 7,714 shares of common stock at $8.23 per share and then made an open-market sale of 7,714 shares at an average price of $56.3101 per share.
After these transactions, she directly holds 11,550 shares of common stock, which the disclosure states includes 1,203 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,714 shares ($434,376)
Net Sell
3 txns
Insider
Levitan Lauren Cooks
Role
null
Sold
7,714 shs ($434K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 7,714 | $0.00 | -- |
| Exercise | Common Stock, $0.01 par value | 7,714 | $8.23 | $63K |
| Sale | Common Stock, $0.01 par value | 7,714 | $56.3101 | $434K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct, null);
Common Stock, $0.01 par value — 19,264 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 7,714 shares
Sale price: $56.3101 per share
Options exercised: 7,714 shares
+5 more
8 metrics
Shares sold
7,714 shares
Open-market sale on May 28, 2026
Sale price
$56.3101 per share
Average price for 7,714 shares sold
Options exercised
7,714 shares
Stock option exercise on May 28, 2026
Exercise price
$8.23 per share
Stock option (Right to Buy) conversion price
Shares held after
11,550 shares
Director’s direct common stock holdings post-transaction
Restricted stock units included
1,203 RSUs
Included within 11,550 post-transaction shares
Option expiration date
August 9, 2026
Original expiration for exercised stock option grant
Option exercisable since
June 23, 2021
Exercise start date for the stock option grant
Key Terms
restricted stock units, stock option, open-market sale, derivative security
4 terms
restricted stock units financial
"Includes 1,203 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.
stock option financial
"Stock Option (Right to Buy)"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did e.l.f. Beauty (ELF) director Lauren Cooks Levitan report?
Lauren Cooks Levitan reported exercising options for 7,714 e.l.f. Beauty shares at $8.23 and selling 7,714 shares in an open-market sale at an average price of $56.3101, both dated May 28, 2026.
What stock options did the e.l.f. Beauty (ELF) director exercise in this filing?
She exercised stock options covering 7,714 shares of e.l.f. Beauty common stock at an exercise price of $8.23 per share. The options were originally exercisable from June 23, 2021 and were set to expire on August 9, 2026.
Were any derivative securities remaining after the e.l.f. Beauty (ELF) option exercise?
The filing shows a derivative position of 7,714 stock options exercised down to zero remaining, indicating that this particular option grant has been fully exercised, with no balance left in that specific derivative security.
Does the e.l.f. Beauty (ELF) Form 4 include restricted stock units for the director?
Yes. A footnote clarifies that the director’s post-transaction holding of 11,550 e.l.f. Beauty shares includes 1,203 restricted stock units, which are a form of equity compensation that typically vest over time.