MARCHISOTTO KORY 4
Research Summary
AI-generated summary
e.l.f. Beauty (ELF) CMO Kory Marchisotto Sells 4,352 Shares
What Happened
- Kory Marchisotto, Senior Vice President and Chief Marketing Officer of e.l.f. Beauty (ELF), sold 4,352 shares on 2026-06-09 at $51.53 per share, for total proceeds of $224,259. The transaction is reported as an open market or private sale (Code S).
Key Details
- Transaction date and price: 2026-06-09 at $51.53 per share (total $224,259).
- Reason/footnote: Footnote F1 states the shares were sold solely to satisfy tax or other government withholding obligations related to the vesting of restricted stock units (RSUs).
- Beneficial ownership note: Footnote F2 indicates the reported beneficial ownership includes 66,981 RSUs (the filing does not list a separate total post-transaction share count).
- Filing timeliness: Report filed 2026-06-11 (within the typical two-business-day Form 4 reporting window).
Context
- This was a tax-withholding sale tied to RSU vesting, a common and routine insider transaction that generally does not signal a change in the insider’s view of the company. No options were exercised and there is no indication of a 10b5-1 plan from the filing.