Hartnett Jennifer Catherine 4
Research Summary
AI-generated summary
e.l.f. Beauty (ELF) CCO Jennifer Hartnett Sells Shares
What Happened
Jennifer Catherine Hartnett, Chief Commercial Officer of e.l.f. Beauty, sold 4,352 shares on June 9, 2026 at $51.53 per share, generating proceeds of approximately $224,259. The sale is reported as an open-market/private sale (Code S) and was disclosed in a Form 4 filed on June 11, 2026.
Key Details
- Transaction date and price: 2026-06-09 at $51.53 per share.
- Shares sold / proceeds: 4,352 shares for about $224,259.
- Filing date: Form 4 filed 2026-06-11 (reporting period 2026-06-09).
- Footnote F1: Sale was made solely to satisfy tax or other government withholding obligations in connection with RSU vesting.
- Footnote F2: Filing notes holdings "include 24,079 RSUs." (Total common shares held after the transaction not specified in the summary provided.)
- Transaction type code: S = Sale. Not listed as part of a 10b5-1 plan or as a gift.
Context
Sales to cover tax withholding from vested Restricted Stock Units (RSUs) are common and generally considered routine administrative transactions rather than a direct signal of the insider’s view on the company’s prospects. Purchases by insiders tend to be more indicative of bullish sentiment; this transaction appears to be a tax-withholding sale related to RSU vesting.