Olaplex officer sells shares to cover RSU taxes
OLAPLEX HOLDINGS, INC.
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Rhea-AI Filing Summary
OLAPLEX HOLDINGS, INC. Chief People Officer Trisha L. Fox reported an open-market sale of 16,324 shares of common stock at $2.04 per share. According to the filing, this "sell to cover" transaction was required to satisfy tax withholding obligations from vesting restricted stock units. After the sale, she continues to directly hold 1,064,039 shares, indicating the transaction was a small, tax-driven adjustment rather than a change in her overall equity position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 16,324 | $2.04 | $33K |
Footnotes (1)
- F1. Required number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs"). This sale was made to satisfy tax withholding obligations through a "sell to cover" transaction pursuant to the terms of the applicable RSU award agreement.
Key Figures
Key Terms
restricted stock units financial
RSUs financial
sell to cover financial
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did OLPLEX (OLPX) report for Trisha L. Fox?
Does the Olaplex (OLPX) Form 4 indicate any derivative or option exercises?
AI-generated analysis. How Rhea-AI works. Not financial advice.