Edwards Pamela J 4
4 · OLAPLEX HOLDINGS, INC. · Filed Jul 7, 2026
Research Summary
AI-generated summary of this filing
Olaplex (OLPX) Director Pamela J. Edwards Sells 110,294 Shares
What Happened
- Pamela J. Edwards, a director of Olaplex Holdings, Inc., had 110,294 shares (underlying restricted stock units) converted into cash at $2.06 per share as part of the company's merger with Henkel. The disposition to the issuer resulted in total consideration of $227,206 on July 7, 2026. This was not an open-market sale but a cash-out under the merger agreement.
Key Details
- Transaction date and price: 2026-07-07 at $2.06 per share.
- Shares involved: 110,294 RSU shares converted and paid out.
- Total transaction value: $227,206.
- Transaction code/type: Disposition to issuer (D) — RSUs cancelled and converted to cash under the Merger Agreement.
- Shares owned after transaction: Not specified in the filing (the RSUs were cancelled at the Effective Time).
- Footnotes: The payout was pursuant to the Merger Agreement (dated March 26, 2026) — each share outstanding was converted into $2.06 cash; Company RSU Awards were automatically cancelled and converted into cash equal to number of shares × $2.06.
- Filing timeliness: Reported with period and filing date of 2026-07-07 (no late filing indicated).
Context
- This transaction reflects merger consideration (the company was acquired and became a wholly owned subsidiary of Henkel); it does not reflect a voluntary sale by the insider on market sentiment. For retail investors, merger-driven cash-outs are routine administrivia rather than a direct insider vote on future prospects.
Insider Transaction Report
Form 4Exit
Edwards Pamela J
Director
Transactions
- Disposition to Issuer
Common Stock
[F2][F1]2026-07-07$2.06/sh−110,294$227,206→ 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 110,294 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.
Signature
/s/ John Duffy, attorney-in-fact|2026-07-07