Olaplex (OLPX) insider entities dispose shares in $2.06-per-share cash merger
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OLAPLEX HOLDINGS, INC. director-associated entities and awards were cashed out in connection with a merger. Under an Agreement and Plan of Merger, each share of common stock was converted at the effective time into the right to receive $2.06 per share in cash, described as the Merger Consideration. Restricted stock units covering 110,294 shares held for Emily White were automatically cancelled and converted into a cash right based on this same per-share amount. Additional common shares were disposed of to the issuer at $2.06 per share from entities including Anthos Capital IV, L.P., Anthos Tribe, L.P., and Anthos Management LP, which are managed by affiliates of her spouse; she disclaims beneficial ownership of those shares except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Form 4 records merger-driven cash-out at $2.06 per share.
This Form 4 shows shares of OLAPLEX HOLDINGS, INC. being cashed out as part of a completed merger. Each common share was converted into the right to receive $2.06 per share in cash at the merger’s effective time, including shares underlying RSU awards.
The dispositions are coded "D" as transfers to the issuer, reflecting the merger mechanics rather than open-market selling. Large blocks were held through Anthos Capital IV, L.P., Anthos Tribe, L.P., and Anthos Management LP, with Emily White disclaiming beneficial ownership beyond any pecuniary interest.
The filing confirms equity awards and affiliated holdings were settled for cash consistent with the merger consideration. Subsequent company filings may provide broader detail on the overall transaction terms and post-merger structure beyond this insider-focused record.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
White Emily
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 23,476,117 | $2.06 | $48.36M |
| Disposition | Common Stock | 148,064 | $2.06 | $305K |
| Disposition | Common Stock | 138,399 | $2.06 | $285K |
| Disposition | Common Stock | 110,294 | $2.06 | $227K |
Holdings After Transaction:
Common Stock — 0 shares (Indirect, By Anthos Capital IV, L.P.);
Common Stock — 0 shares (Direct, null)
Footnotes (1)
- Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated March 26, 2026, by and among the Issuer, Henkel US Operations Corporation ("Parent"), and Margot Acquisition Merger Sub, Inc. ("Merger Sub"), Merger Sub merged with and into the Issuer, with the Issuer surviving the Merger as a wholly owned subsidiary of Parent (the "Merger" and, together with the other transactions contemplated by the Merger Agreement, the "Transactions"). At the effective time of the Merger (the "Effective Time"), each share of Common Stock of the Issuer (each, a "Share") issued and outstanding immediately prior to the Effective Time was converted automatically into the right to receive $2.06 per Share in cash (the "Merger Consideration"), without interest, subject to any withholding of taxes required by applicable law. At the Effective Time, each award of restricted stock units covering Shares granted under the Issuer's 2021 Equity Incentive Plan, the Issuer's Amended & Restated 2020 Omnibus Equity Incentive Plan, or any other effective equity or equity-based incentive plan sponsored by the Issuer or its affiliates (each such award, a "Company RSU Award") that was outstanding immediately prior to the Effective Time (whether vested or unvested) was, by virtue of the Merger, automatically cancelled and converted into the right to receive (without interest) an amount in cash equal to the product of (x) the aggregate number of Shares underlying such Company RSU Award, multiplied by (y) the Merger Consideration. The amount reported includes 110,294 Shares underlying the Reporting Person's Company RSU Awards, which were automatically cancelled and converted into the right to receive the Merger Consideration at the Effective Time. Shares are held by Anthos Capital IV, L.P. ("Anthos Capital IV"). Anthos Associates IV, L.P. ("Anthos Associates IV") is the general partner of Anthos Capital IV and Anthos Associates GP IV, LLC ("Anthos Associates GP IV") is the general partner of Anthos Associates IV. Paul Farr and Bryan Kelly are the sole managers of Anthos Associates GP IV. The Reporting Person is the spouse of Mr. Kelly and as a result also may be deemed to have beneficial ownership of the shares held directly by Anthos Capital IV. The Reporting Person disclaims beneficial ownership of the shares held by Anthos Capital IV, except to the extent of her pecuniary interest, if any, therein. Shares are held by Anthos Tribe, L.P. ("Anthos Tribe"). Anthos Tribe GP, LLC ("Anthos Tribe GP") is the general partner of Anthos Tribe. Paul Farr and Bryan Kelly are the sole managers of Anthos Tribe GP. The Reporting Person is the spouse of Mr. Kelly and as a result also may be deemed to have beneficial ownership of the shares held directly by Anthos Tribe. The Reporting Person disclaims beneficial ownership of the shares held by Anthos Tribe, except to the extent of her pecuniary interest, if any, therein. Shares are held by Anthos Management LP (the "Management Company"). The Management Company is an affiliate of Anthos Capital IV and Anthos Tribe, and is managed by Paul Farr and Bryan Kelly. The Reporting Person is the spouse of Mr. Kelly and as a result also may be deemed to have beneficial ownership of the shares held directly by the Management Company. The Reporting Person disclaims beneficial ownership of the shares held by the Management Company, except to the extent of her pecuniary interest, if any, therein.
Key Figures
Merger Consideration: $2.06 per share
RSU shares cancelled: 110,294 shares
Anthos Management LP disposition: 138,399 shares
+3 more
6 metrics
Merger Consideration
$2.06 per share
Cash paid for each common share at effective time of merger
RSU shares cancelled
110,294 shares
Shares underlying Emily White’s RSU awards converted to cash at $2.06
Anthos Management LP disposition
138,399 shares
Common stock disposed of to issuer at $2.06 per share
Anthos Tribe, L.P. disposition
148,064 shares
Common stock disposed of to issuer at $2.06 per share
Anthos Capital IV, L.P. disposition
23,476,117 shares
Common stock disposed of to issuer at $2.06 per share
Reporting person direct disposition
110,294 shares
Common stock from RSU awards converted to cash at $2.06
Key Terms
Agreement and Plan of Merger, Merger Consideration, restricted stock units, pecuniary interest, +1 more
5 terms
Agreement and Plan of Merger regulatory
"Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated March 26, 2026..."
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
Merger Consideration financial
"was converted automatically into the right to receive $2.06 per Share in cash (the "Merger Consideration")..."
Merger consideration is the total payment a company or buyer offers to shareholders of a target company in exchange for combining the two businesses, and can include cash, shares in the surviving company, debt assumption, or a mix of these. Investors care because the form and amount affect the deal’s value, tax consequences, immediate cash received versus future ownership, and the risk and upside of holding new shares — similar to choosing between cash now or stock that could grow later.
restricted stock units financial
"each award of restricted stock units covering Shares granted under the Issuer's 2021 Equity Incentive Plan..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
pecuniary interest financial
"disclaims beneficial ownership of the shares held by Anthos Capital IV, except to the extent of her pecuniary interest..."
beneficial ownership financial
"also may be deemed to have beneficial ownership of the shares held directly by Anthos Tribe..."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What transaction does Emily White’s Form 4 report for OLPX?
The Form 4 reports dispositions of Olaplex common stock tied to a merger. Each share was converted into the right to receive $2.06 in cash, reflecting a merger-driven cash-out rather than open-market trades or new purchases.
How were Emily White’s restricted stock units in OLPX treated?
Her restricted stock unit awards covering 110,294 Olaplex shares were automatically cancelled at the merger’s effective time. They converted into a cash right equal to 110,294 multiplied by the $2.06 per-share Merger Consideration, with no continuing equity interest reported.
Was Emily White’s OLAPLEX transaction an open-market stock sale?
No. The transactions are coded as dispositions to the issuer in connection with a merger. Shares and awards were converted into cash at $2.06 per share under the merger agreement, not sold in open-market trading on an exchange.