Olaplex (OLPX) director receives 110,294 RSUs vesting at 2026 annual meeting
Rhea-AI Filing Summary
Martha A. Morfitt, a director of Olaplex Holdings, Inc. (OLPX), was granted 110,294 restricted stock units (RSUs) on 08/12/2025. Each RSU converts to one share of common stock and the grant was reported with a $0 price. After the award the reporting person beneficially owned 402,833 shares directly and the reporting person’s spouse beneficially owned 9,000 shares indirectly. The RSUs will vest in full on the date of the issuer’s 2026 Annual Meeting of Stockholders, conditioned on the reporting person’s continued service through that date. The Form 4 was signed by attorney-in-fact John Duffy on 08/14/2025.
Positive
- Director received 110,294 RSUs, increasing reported beneficial ownership and aligning executive incentives with shareholders
- RSUs vest in full on the 2026 Annual Meeting date, promoting retention through the next annual cycle
- Reporting shows direct and indirect holdings (402,833 direct; 9,000 indirect via spouse), improving transparency
Negative
- None.
Insights
TL;DR: Director received a material RSU grant that vests at the 2026 annual meeting, increasing insider alignment with shareholders.
The grant of 110,294 RSUs to a director is a meaningful equity compensation event that increases the director’s reported beneficial ownership to 402,833 shares. Time-based vesting to the 2026 annual meeting ties retention to continued service and aligns the director’s economic interest with long-term shareholder outcomes. The $0 reported price reflects that these are restricted awards rather than an open-market purchase. No derivative transactions or sales were reported in this filing.
TL;DR: This Form 4 discloses a standard director RSU grant; it raises insider ownership but contains no liquidity or disposition events.
The filing documents an acquisition (grant) of RSUs rather than a purchase, which does not immediately change free-float but increases potential future dilution when RSUs settle into shares. Vesting is time-based and contingent on continued service through the 2026 Annual Meeting. The filing includes an indirect holding of 9,000 shares by the spouse, which should be aggregated for beneficial-ownership considerations. No exercised options, sales, or derivative movements are present in this report.