FOX TRISHA L 4
4 · OLAPLEX HOLDINGS, INC. · Filed Jul 7, 2026
Research Summary
AI-generated summary of this filing
Olaplex (OLPX) CPO Trisha L. Fox Sells 1,064,039 Shares
What Happened Trisha L. Fox, Chief People Officer of Olaplex Holdings, disposed of 1,064,039 shares on July 7, 2026, receiving $2.06 per share for total proceeds of $2,191,920. This was not an open‑market sale but a disposition to the issuer under the company’s March 26, 2026 Merger Agreement — each outstanding share was converted into the right to receive $2.06 in cash.
Key Details
- Transaction date: 2026-07-07; reported on Form 4 filed 2026-07-07.
- Price and proceeds: $2.06 per share; total $2,191,920.
- Nature of transaction: Disposition to issuer (D) — cash-out under the Merger Agreement, not a market sale.
- RSU conversion: 830,151 of the shares reflected were underlying Company RSU awards that were cancelled and converted into cash at the $2.06 merger consideration (per filing footnote).
- Shares owned after transaction: Not specified in this filing.
- Filing timeliness: Filing date matches the transaction date; no late filing indicated.
Context This transaction resulted from the merger in which Olaplex became a wholly owned subsidiary and each share (and outstanding RSUs) was converted into the right to receive $2.06 cash. For retail investors, note this is a cash-out due to corporate action rather than executive selling into the market — it reflects the deal consideration, not a trading signal about the insider’s view of the company’s prospects.
Insider Transaction Report
- Disposition to Issuer
Common Stock
[F2][F1]2026-07-07$2.06/sh−1,064,039$2,191,920→ 0 total
Footnotes (2)
- [F1]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.
- [F2]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 830,151 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.