e.l.f. Beauty (ELF) 4: Franks Joshua Allen bought 42,237 shares of Common Stock, $… (Apr 28, 2026)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-04-24 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: e.l.f. Beauty, Inc. (ELF) CIK: 0001600033 --- Reporting Owner --- Name: Franks Joshua Allen CIK: 0001797370 Role: Officer (SVP, Operations) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock, $0.01 par value Date: 2026-04-24 | Code: A (Grant or award) Shares: +42,237 | Price: $0.00 Shares Owned After: 141,606 | Ownership: D (Direct) Footnotes: [F1] Represents performance-based restricted stock units ("PSUs") initially granted on June 1, 2023 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 24, 2026. [F2] Includes 47,398 restricted stock units. [Transaction #2] Security: Common Stock, $0.01 par value Date: 2026-04-27 | Code: S (Open market sale) Shares: -23,535 | Price: $63.66 Total Value: $1,498,238.10 Shares Owned After: 118,071 | Ownership: D (Direct) Footnotes: [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. [F2] Includes 47,398 restricted stock units. --- Footnotes (Complete Index) --- F1: Represents performance-based restricted stock units ("PSUs") initially granted on June 1, 2023 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 24, 2026. F2: Includes 47,398 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. --- Signature --- /s/ /s/ Scott K. Milsten, Attorney-in-fact for Joshua Allen Franks (2026-04-28)