Avelar Rui 4

What Happened

• Insider Avelar Rui sold 3,119 shares of Evolus, Inc. (EOLS) on March 20, 2026 (transaction code S). The weighted-average sale price was $4.75 per share for total proceeds of approximately $14,815. The sales were effected in multiple trades and appear to have been routine rather than a strategic buy/sell signal.

Key Details

• Transaction date: 2026-03-20 (filed same day).
• Price: weighted average $4.75 per share; individual trade prices ranged from $4.7498 to $4.7701.
• Shares sold: 3,119; proceeds ≈ $14,815.
• Shares owned after the transaction: not specified in the provided excerpt of the Form 4.
• Footnotes: (F1) Sales were made pursuant to a Rule 10b5-1 trading plan and were to cover tax-withholding obligations related to the settlement of restricted stock units (RSUs). (F2) The filing notes multiple trades at the price range above and offers to provide full trade-by-trade details on request.
• Timeliness: The Form 4 was filed on the same date as the reported transaction; no late filing indicated.

Context

• Sales made under a 10b5-1 plan to cover tax withholding for RSU settlements are common and generally considered routine administrative transactions, not necessarily an indication of the insider’s view on the company’s prospects. Purchases tend to carry more forward-looking informational weight than routine sales.