ADVENT INTERNATIONAL, L.P. 4

What Happened
Advent International, L.P., a reported 10% owner of Olaplex Holdings, Inc. (OLPX), disposed 499,468,771 shares on July 7, 2026. The shares were disposed at $2.06 per share for a total transaction value of approximately $1,028,905,668. The filing lists the transaction as a "disposition in change of control" (transaction code U), indicating the sale was tied to a change-of-control event rather than an ordinary open-market sale.

Key Details

• Transaction date: 2026-07-07; Price: $2.06 per share; Shares disposed: 499,468,771; Total value: ~$1.03B.
• Transaction type/code: Disposition in change of control (U).
• Shares owned after transaction: Not specified in this Form 4 filing.
• Footnotes: Multiple footnotes (F1–F4) reference Exhibit 99.1 for full text; remarks note that Advent directors (David Mussafer, Tricia Glynn, Michael White) are deputized to represent the Reporting Persons on Olaplex’s board and have filed separate Section 16 reports disclosing securities they may be deemed to beneficially own. Exhibit 99.1 is incorporated by reference.
• Filing logistics: This Form 4 is the third of three filings covering the same event (split because there are more than 10 reporting persons). The report was filed on the same day as the transaction (no late filing indicated).

Context

• This is an institutional disposition tied to a change-of-control event, not an ordinary insider open-market sale. For retail investors, purchases typically carry stronger signals than sales; here the sale appears to be transactional (change-of-control) rather than a routine insider trade.
• For full legal and explanatory footnotes, see Exhibit 99.1 referenced in the filing and the separate Section 16 reports filed by the Advent directors.