OLPX Form 4: Emily White awarded 110,294 RSUs; large Anthos indirect stake noted
Rhea-AI Filing Summary
Emily White, a director of Olaplex Holdings, Inc. (OLPX), was granted 110,294 restricted stock units (RSUs) on 08/12/2025 under the 2021 Equity Incentive Plan. Each RSU converts to one share and will vest in full at the company’s 2026 Annual Meeting only if Ms. White remains in service. The filing also reports sizable indirect beneficial ownership: 23,476,117 shares held by Anthos Capital IV, L.P., 148,064 shares held by Anthos Tribe, L.P., and 138,399 shares held by Anthos Management LP; Ms. White disclaims beneficial ownership except for any pecuniary interest. The form was signed by an attorney-in-fact on 08/14/2025.
Positive
- Alignment with shareholders: 110,294 RSUs vesting at the 2026 Annual Meeting tie the director’s compensation to long‑term shareholder value
- Transparent disclosure: Clear statements of indirect holdings and disclaimers of personal beneficial ownership improve governance clarity
Negative
- Concentration of ownership: Anthos-related entities hold a large block of 23,476,117 shares, which may concentrate voting influence (reported as indirect ownership)
- No immediate liquidity event: The RSUs vest only on continued service, so there is no immediate dilution offset by cash proceeds
Insights
TL;DR: Director granted time‑based RSUs aligning her interests with long‑term shareholders; vesting is contingent on continued service.
The RSU grant of 110,294 shares vests only at the 2026 Annual Meeting, which is a standard retention mechanism tying the director to future shareholder outcomes. The reporting person is affiliated with Anthos-related investment entities and disclaims beneficial ownership except for pecuniary interest, which is common when holdings are held by affiliated funds. The disclosure shows clear governance transparency on related-party ownership and avoidance of overstating individual control.
TL;DR: Transaction is routine equity compensation; indirect holdings are substantial but held by affiliated funds, not a personal sale or purchase.
The filing records an award of RSUs at $0 price (typical for grants) and does not indicate any sale or exercise. The large indirect holdings (over 23 million shares by Anthos Capital IV) may be material to ownership structure but this Form 4 reports no change in those indirect positions. No cash proceeds, dispositions, or derivative transactions were reported, so immediate market impact is likely minimal.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 110,294 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents restricted stock units ("RSUs") granted to the Reporting Person under the Issuer's 2021 Equity Incentive Plan. Each RSU represents the conditional right to receive one share of Common Stock. The RSUs will vest in full on the date of the Issuer's 2026 Annual Meeting of Stockholders, subject to the Reporting Person's continued service to the Issuer through such vesting date. The Reporting Person is an employee of Anthos Management LP (the "Management Company"). The Reporting Person holds the reported RSUs for the benefit of the Management Company. The Management Company is an affiliate of Anthos Capital IV and Anthos Tribe (each as defined below) and is managed by Paul Farr and Bryan Kelly. The Reporting Person is the spouse of Mr. Kelly. The Reporting Person disclaims beneficial ownership of the RSUs, except to the extent of her pecuniary interest therein. 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 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.
