MARCHISOTTO KORY 4

What Happened
Kory Marchisotto, Senior Vice President and Chief Marketing Officer of e.l.f. Beauty (ELF), was granted 42,315 restricted stock units (RSUs) on 2026-06-03 (award recorded at $0.00). On 2026-06-04 she sold 8,512 shares in an open-market transaction at $51.94 per share, resulting in proceeds of $442,113. The sale was disclosed as related to the vesting of RSUs.

Key Details

• Grant: 42,315 RSUs on 2026-06-03 (reported as acquisition at $0.00). Footnote: these RSUs vest in four equal annual installments subject to continued service (F1).
• Sale: 8,512 shares on 2026-06-04 at $51.94 — proceeds $442,113. Sale reported as solely to satisfy tax or other government withholding obligations upon RSU vesting (F2).
• Filing: Form 4 filed 2026-06-05 (covers transactions dated 2026-06-03 and 06-04). The filing appears timely.
• Holdings note: filing references a total that "includes 66,981 RSUs" (F3). The Form 4 does not state an exact post-transaction total of owned ordinary shares beyond these disclosures.

Context

• The 42,315 RSUs are an award (non-cash grant) rather than an open-market purchase — a routine compensation event.
• The subsequent sale was labeled as tax-withholding related, a common administrative sale when RSUs vest; such sales generally do not imply a change in insider sentiment.
• Performance-based PSUs (separate from these RSUs) may vest later and will be reported when earned.