FOX TRISHA L 4
Research Summary
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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.