Schedule 13G: Lynch Reports 4.09M Shares of Evolus (EOLS)

Rhea-AI Filing Summary

Timothy P. Lynch reported beneficial ownership of 4,094,489 shares of Evolus, Inc. common stock, representing 6.3% of the class based on 64,685,419 shares outstanding as of August 1, 2025. The filing shows Mr. Lynch holds 3,492,130 shares with sole voting and dispositive power and 602,359 shares with shared voting and dispositive power. The Schedule identifies the issuer's principal executive offices at 520 Newport Center Drive, Newport Beach, California.

The filing is a Schedule 13G and includes a certification that the securities were not acquired and are not held for the purpose of changing or influencing control of the issuer. The reporting person’s address is listed as 70 SW Century Dr, STE 100 PMB 1257, Bend, OR 97702, and the signature is dated 08/15/2025.

Positive

• Material ownership disclosed: Reporting person holds 4,094,489 shares, representing 6.3% of outstanding common stock.
• Clear power breakdown: 3,492,130 shares with sole voting and dispositive power and 602,359 shares with shared power.
• Filed as Schedule 13G with certification: The filing explicitly states the securities are not held to influence control of the issuer.

Negative

• None.

Insights

Securities Analyst

Disclosure shows a passive 6.3% stake by an individual investor, filed on Schedule 13G.

The filing discloses a non-controlling position: 4,094,489 shares (6.3% of 64,685,419 shares outstanding) with 3,492,130 shares held with sole voting/dispositive power and 602,359 shares held with shared power. The use of Schedule 13G and the signature certification indicate the reporting person represents the holdings are not intended to influence control of the issuer. For investors, this is a material ownership disclosure but not an active control filing.

Corporate Governance Expert

Material ownership disclosed but explicitly characterized as passive under Schedule 13G.

The report meets disclosure norms by identifying issuer, CUSIP, reporting person, address, and precise breakdown of voting and dispositive powers. The certification attached affirms the position is not held to change control, which is consistent with a Schedule 13G filing rather than a Schedule 13D. The disclosure provides transparency on an investor exceeding the 5% threshold while asserting passive intent.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Evolus, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

30052C107

(CUSIP Number)

08/11/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 30052C107

1

Names of Reporting Persons

Timothy P. Lynch

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 3,492,130.00
6	Shared Voting Power 602,359.00
7	Sole Dispositive Power 3,492,130.00
8	Shared Dispositive Power 602,359.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,094,489.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.3 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: The percentages reported in this Schedule 13G are based on 64,685,419 shares of Common Stock outstanding as of August 1, 2025, as reported in the Form 10-Q filed by the Issuer for the quarter ended June 30, 2025.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Evolus, Inc.
(b)	Address of issuer's principal executive offices: 520 Newport Center Drive Suite 1200, Newport Beach, California 92660
Item 2.
(a)	Name of person filing: Timothy P. Lynch
(b)	Address or principal business office or, if none, residence: 70 SW Century Dr, STE 100 PMB 1257 Bend, OR 97702
(c)	Citizenship: USA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 30052C107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 4,094,489
(b)	Percent of class: 6.3%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 3,492,130
	(ii) Shared power to vote or to direct the vote: 602,359
	(iii) Sole power to dispose or to direct the disposition of: 3,492,130
	(iv) Shared power to dispose or to direct the disposition of: 602,359
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Timothy P. Lynch

Signature:	/s/ Timothy P. Lynch
Name/Title:	Reporting person
Date:	08/15/2025

FAQ

What stake in Evolus (EOLS) did Timothy P. Lynch disclose?

He disclosed beneficial ownership of 4,094,489 shares, equal to 6.3% of the company's common stock based on 64,685,419 shares outstanding.

Does the filing indicate Mr. Lynch seeks to influence control of Evolus?

No. The Schedule 13G includes a certification that the securities were not acquired and are not held to change or influence control of the issuer.

How many shares does Mr. Lynch have sole voting power over?

He has sole voting (and sole dispositive) power over 3,492,130 shares.

When was the Schedule 13G signed and by whom?

The filing is signed by /s/ Timothy P. Lynch as reporting person, dated 08/15/2025.

What address is listed for the issuer in the filing?

The issuer's principal executive offices are listed as 520 Newport Center Drive Suite 1200, Newport Beach, California 92660.