Olaplex (OLPX) COO/CFO sells 101,798 shares in sell-to-cover transaction

Rhea-AI Filing Summary

Catherine Dunleavy, Chief Operating Officer and Chief Financial Officer of Olaplex Holdings, Inc. (OLPX), reported the sale of 101,798 shares of Olaplex common stock on 08/14/2025 as a sell-to-cover transaction to satisfy tax withholding on vested restricted stock units. The weighted-average sale price was reported as $1.40. After the disposition, Ms. Dunleavy beneficially owns 1,966,848 shares, reported as direct ownership. The Form 4 was signed by an attorney-in-fact on 08/15/2025. The filing states the shares were sold in multiple transactions at prices ranging from $1.4001 to $1.4004.

Positive

• Timely disclosure filed under Section 16, providing transparency about insider transactions
• Clear explanation that the sale was a sell-to-cover for RSU tax withholding, reducing ambiguity
• Post-transaction ownership disclosed (1,966,848 shares), allowing investors to see remaining insider stake

Negative

• Reduction in holdings: 101,798 shares were sold, lowering the reporting person’s stake
• Low sale price: weighted-average price of $1.40 may be below prior trading levels (if applicable), but no context provided in this filing

Insights

Corporate Governance Expert

TL;DR: Routine insider sale for tax withholding; disclosure consistent with Section 16 reporting.

The reported transaction is a common "sell-to-cover" related to RSU vesting, which aligns with standard executive compensation practices. The filing provides specific counts, a weighted-average price, and confirms remaining direct beneficial ownership. From a governance perspective, timely and detailed disclosure reduces regulatory and market ambiguity. There is no indication in this Form 4 of opportunistic trading beyond satisfying tax obligations.

Securities Analyst

TL;DR: Insider sold 101,798 shares at ~$1.40 for tax purposes; remaining stake remains material at ~1.97M shares.

Quantitatively, the disposition represents a modest portion of the reporting person's total holding; the Form reports a precise post-sale balance of 1,966,848 shares. The sale price range is narrow, suggesting execution over a short period. The transaction does not, by itself, indicate a change in control or a shift in investment stance beyond meeting tax obligations on vested RSUs.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

DUNLEAVY CATHERINE

(Last) (First) (Middle)

C/O OLAPLEX HOLDINGS, INC.

432 PARK AVENUE SOUTH, THIRD FLOOR

(Street)

NEW YORK NY 10016

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
OLAPLEX HOLDINGS, INC. [ OLPX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	COO and CFO

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/14/2025		S(1)		101,798	D	$1.4(2)	1,966,848	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Required number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs"). These sales were made to satisfy tax withholding obligations through "sell to cover" transactions pursuant to the terms of the applicable RSU award agreements.

2. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $1.4001 to $1.4004, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.

Remarks:

	/s/ John Duffy, attorney-in-fact	08/15/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did OLPX insider Catherine Dunleavy report on Form 4?

The filing reports that Catherine Dunleavy sold 101,798 shares on 08/14/2025 as a sell-to-cover to satisfy tax withholding for vested RSUs.

How many Olaplex (OLPX) shares does the insider own after the sale?

After the reported transaction, the insider beneficially owns 1,966,848 shares, reported as direct ownership.

At what price were the OLPX shares sold by the insider?

The weighted-average price reported for the sales is $1.40, with individual transaction prices ranging from $1.4001 to $1.4004.

Why were the shares sold according to the Form 4?

The Form 4 explains the shares were sold to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs).

When was the Form 4 for the OLPX transaction filed and signed?

The transaction date is 08/14/2025 and the Form 4 was signed by an attorney-in-fact on 08/15/2025.