E.l.f. Beauty: CEO Amin Tarang exercised 71,000 shares

What happened
Amin Tarang, CEO, exercised 71,000 options at $26.84 per share for $1,905,640 on Oct 1, 2026. On the same date he sold 23,072 shares at a weighted average price of $102.84 for $2,372,611, 21,902 shares at a weighted average price of $103.66 for $2,270,304, and 2,026 shares at a weighted average price of $105.01 for $212,746, for total sale proceeds of $4,855,661. The filing also reports a derivative disposition of 71,000 shares at $0.00.

Key details

• Transaction date: Oct 1, 2026. Form filed Oct 5, 2026.
• Exercise: 71,000 shares acquired at $26.84 for $1,905,640.
• Sales: 23,072 shares disposed at $102.84 for $2,372,611 (F3); 21,902 shares disposed at $103.66 for $2,270,304 (F4); 2,026 shares disposed at $105.01 for $212,746 (F5). Total sales $4,855,661.
• Derivative entry: 71,000 shares disposed at $0.00 (reported as derivative).
• Shares held after the transactions: filing notes holdings include 110,496 restricted stock units (F2).
• Relevant footnotes: F1 10b5-1 trading plan adopted Nov 20, 2025; F3–F5 sales executed in multiple trades at the price ranges stated and were sold solely to satisfy tax or other government withholding obligations in connection with the option exercises; F6 fully vested.

Why it may matter
The filing shows an exercise of 71,000 options and contemporaneous open-market sales that the filing says were made solely to satisfy tax or other government withholding obligations under a 10b5-1 plan. A filing does not show why the insider traded or why the company acted.