The sale reduces Jennifer Hartnett’s direct stake in e.l.f. Beauty by 15%, leaving her with 58,408 shares valued at $3.0 million.
e.l.f. Beauty’s Chief Commercial Officer Jennifer Hartnett sold 10,318 shares at $51.94 each, totaling $536,000, according to an SEC filing. The transaction reflects a systematic reduction of her direct holdings, which have declined from over 128,000 shares since May of last year.
Hartnett’s remaining direct ownership stands at 58,408 shares, valued at approximately $3.0 million as of June 4, 2026. The filing shows no indirect or derivative holdings were involved in this sale. Her prior sales over the past year totaled 54,142 shares, aligning with a pattern of gradual divestment.
The company’s stock closed at $51.44 on June 4, slightly below the transaction price. No immediate market reaction was reported in the filing.