OLPX Form 4: John Bilbrey Receives 294,118 Restricted Stock Units

Rhea-AI Filing Summary

John P. Bilbrey, a director of Olaplex Holdings, Inc. (OLPX), received a grant of 294,118 restricted stock units (RSUs) on 08/12/2025. Each RSU converts into one share of common stock and the grant was recorded as an acquisition at $0 per RSU. After the grant, Mr. Bilbrey beneficially owns 640,021 shares in total, of which 318,418 shares are held indirectly through the Amended and Restated John P. Bilbrey Revocable Declaration of Trust. The RSUs vest in full on the date of Olaplex's 2026 Annual Meeting of Stockholders, conditional on his continued service through that date. The Form 4 was signed by an attorney-in-fact on 08/14/2025.

Positive

• Material equity alignment: Grant of 294,118 RSUs increases the director's stake to 640,021 beneficially owned shares.
• Clear vesting schedule: RSUs vest in full at the 2026 Annual Meeting, tying compensation to continued service.

Negative

• Conditional ownership: The RSUs are unvested and do not convert to shares until the 2026 Annual Meeting, so economic interest is not immediate.

Insights

Corporate Governance Expert

TL;DR: Director received a sizeable RSU grant that vests at the 2026 annual meeting, increasing aligned ownership.

The grant of 294,118 RSUs is a material equity award for a director and increases the director's alignment with shareholders by tying value to continued service through the 2026 annual meeting. The award is structured as time-based RSUs that convert one-for-one to common shares and were recorded at $0 purchase price because they are compensation grants rather than open-market purchases. The disclosure shows 318,418 shares indirectly held via a revocable trust, which is common for estate planning and does not alter control analysis but is relevant to beneficial ownership calculations. This filing contains routine insider compensation disclosure without additional derivative or disposals.

Securities Analyst

TL;DR: Significant director equity grant increases reported beneficial ownership to 640,021 shares.

The reported acquisition of 294,118 RSUs on 08/12/2025 raises the director's total reported beneficial ownership to 640,021 shares. Because the RSUs vest only at the 2026 annual meeting contingent on continued service, the economic interest is conditional until vesting occurs. The Form 4 shows no option exercises, sales, or other derivative activity in this filing; the transaction is purely a compensation grant. Investors should note the timing and vesting condition when assessing immediate versus prospective insider alignment.

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
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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^*

BILBREY JOHN P

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025

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	08/12/2025		A		294,118(1)	A	$0	640,021	D
Common Stock								318,418	I	By the Amended and Restated John P. Bilbrey Revocable Declaration of Trust

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. 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.

Remarks:

	/s/ John Duffy, attorney-in-fact	08/14/2025
	** 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 transaction did John P. Bilbrey report on Form 4 for OLPX?

He reported receipt of 294,118 restricted stock units (RSUs) on 08/12/2025, recorded as an acquisition at $0 per RSU.

How many OLPX shares does John P. Bilbrey beneficially own after this filing?

He beneficially owns 640,021 shares following the reported transaction, including 318,418 held indirectly via a revocable trust.

When do the RSUs granted to Bilbrey vest?

The RSUs vest in full on the date of Olaplex's 2026 Annual Meeting of Stockholders, subject to continued service.

Was the Form 4 transaction an open-market purchase or a compensation grant?

The entry shows an acquisition of RSUs at $0, indicating a compensation grant rather than an open-market purchase.

Who signed the Form 4 filing for Bilbrey and when?

The form was signed by John Duffy, attorney-in-fact, on 08/14/2025.