Scott K. Milsten - 10 Sep 2025 Form 4 Insider Report for e.l.f. Beauty, Inc. (ELF)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
12 Sep 2025, 16:15:44 UTC
Prior SEC filing
09 Jun 2025
Next SEC filing
12 Sep 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Scott K. Milsten

Key filing fact

Scott K. Milsten filed Form 4 for e.l.f. Beauty, Inc. (ELF) on 12 Sep 2025.

Key facts

  • This page summarizes Scott K. Milsten's Form 4 filing for e.l.f. Beauty, Inc. (ELF).
  • 11 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 12 Sep 2025, 16:15.

Change

  • Previous filing in this sequence was filed on 09 Jun 2025.
  • Current net transaction value: -$6,291,467.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001448992 Primary reporting owner

Milsten Scott

Relationship
Senior Vice President, General Counsel, Corporate Secretary & Chief People Officer
Address
C/O E.L.F. BEAUTY, INC., 570 10TH STREET, OAKLAND
Signature
/s/ Scott K. Milsten
Signature date
12 Sep 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ELF transaction

Common Stock, $0.01 par value

Options Exercise

Transaction value
$293,777
Shares
+17,281
Change %
+15%
Price
$17.00
Shares after
134,687
Date
10 Sep 2025
Ownership
Direct
Footnotes
F1, F3
ELF transaction

Common Stock, $0.01 par value

Options Exercise

Transaction value
$893,772
Shares
+33,300
Change %
+25%
Price
$26.84
Shares after
167,987
Date
10 Sep 2025
Ownership
Direct
Footnotes
F1, F3
ELF transaction

Common Stock, $0.01 par value

Sale

Transaction value
$725,793
Shares
-5,476
Change %
-3.3%
Price
$132.54
Shares after
162,511
Date
10 Sep 2025
Ownership
Direct
Footnotes
F1, F2, F3
ELF transaction

Common Stock, $0.01 par value

Sale

Transaction value
$1,191,539
Shares
-8,927
Change %
-5.5%
Price
$133.48
Shares after
153,584
Date
10 Sep 2025
Ownership
Direct
Footnotes
F1, F3, F4
ELF transaction

Common Stock, $0.01 par value

Sale

Transaction value
$4,066,621
Shares
-30,218
Change %
-20%
Price
$134.58
Shares after
123,366
Date
10 Sep 2025
Ownership
Direct
Footnotes
F1, F3, F5
ELF transaction

Common Stock, $0.01 par value

Sale

Transaction value
$914,063
Shares
-6,753
Change %
-5.5%
Price
$135.36
Shares after
116,613
Date
10 Sep 2025
Ownership
Direct
Footnotes
F1, F3, F6
ELF transaction

Common Stock, $0.01 par value

Sale

Transaction value
$150,309
Shares
-1,101
Change %
-0.95%
Price
$136.52
Shares after
115,112
Date
10 Sep 2025
Ownership
Direct
Footnotes
F1, F3, F7
ELF transaction

Common Stock, $0.01 par value

Sale

Transaction value
$138,788
Shares
-1,006
Change %
-0.87%
Price
$137.96
Shares after
114,506
Date
10 Sep 2025
Ownership
Direct
Footnotes
F1, F3, F8
ELF transaction

Common Stock, $0.01 par value

Sale

Transaction value
$291,902
Shares
-2,100
Change %
-1.8%
Price
$139.00
Shares after
112,406
Date
10 Sep 2025
Ownership
Direct
Footnotes
F1, F3, F9
ELF holding

Common Stock, $0.01 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
22,761
Date
10 Sep 2025
Ownership
By Milsten/Conner Trust dated October 17, 2008

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ELF transaction Derivative

Stock Option (Right to Buy) (Common Stock)

Options Exercise

Transaction value
$0
Shares
-17,281
Change %
-100%
Price
$0.000000
Shares after
0
Date
10 Sep 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
17,281
Exercise price
$17.00
Footnotes
F1
ELF transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-33,300
Change %
-69%
Price
$0.000000
Shares after
15,000
Date
10 Sep 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
33,300
Exercise price
$26.84
Footnotes
F1, F10
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 10 footnotes

Footnote F1

Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on June 11, 2025.

Footnote F2

The transaction was executed in multiple trades in prices ranging from $131.99 to $132.92, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The reporting person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

Footnote F3

Includes 46,855 restricted stock units.

Footnote F4

The transaction was executed in multiple trades in prices ranging from $133.00 to $133.99, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The reporting person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

Footnote F5

The transaction was executed in multiple trades in prices ranging from $134.04 to $135.03, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The reporting person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

Footnote F6

The transaction was executed in multiple trades in prices ranging from $135.04 to $136.02, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The reporting person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

Footnote F7

The transaction was executed in multiple trades in prices ranging from $136.10 to $136.86, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The reporting person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

Footnote F8

The transaction was executed in multiple trades in prices ranging from $137.40 to $138.34, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The reporting person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

Footnote F9

The transaction was executed in multiple trades in prices ranging from $138.51 to $139.10, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The reporting person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

Footnote F10

The option shall vest and become exercisable in three equal tranches on the the thirtieth consecutive trading day that the per share closing trading price of the Issuer's common stock equals or exceeds certain successively higher share price targets, subject to the Reporting Person continuing to provide services to the Issuer as an employee, consultant, director or officer of the Company through the applicable vesting date.

SEC remarks

Senior Vice President, General Counsel, Corporate Secretary & Chief People Officer

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