MANDY J. FIELDS - 18 Apr 2025 Form 4 Insider Report for e.l.f. Beauty, Inc. (ELF)

Role: Senior Vice President and Chief Financial Officer
Signature: /s/ Scott Milsten, Attorney-in-Fact for Mandy J. Fields
Issuer symbol: ELF
Transactions as of: 18 Apr 2025
Transactions value $: -$2,572,646
Form type: 4
Filing time: 22 Apr 2025, 18:15:46 UTC
Previous filing: 11 Jun 2024
Next filing: 05 Jun 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ELF	Common Stock, $0.01 par value	Award	$0	+94,027	+138%	$0	162,174	18 Apr 2025	Direct	F1, F2
transaction	ELF	Common Stock, $0.01 par value	Sale	-$2,572,645	-48,213	-30%	$53.36	113,961	21 Apr 2025	Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents performance-based restricted stock units ("PSUs") initially granted on June 1, 2022 that were subject to performance-based vesting conditions. The Compensation Committee certified the achievement of the performance-based vesting conditions for the PSUs on April 18, 2025.
F2	Includes 52,971 restricted stock units.
F3	The shares were sold solely to satisfy tax or other government withholding obligations in connection with the vesting of shares subject to PSUs of the Issuer.

Remarks:

Senior Vice President and Chief Financial Officer