ADVENT INTERNATIONAL, L.P. 4

What Happened Advent International, L.P. (a reported 10% owner of Olaplex Holdings, Inc. — OLPX) disposed of 499,468,771 shares on July 7, 2026. The shares were sold at $2.06 each, generating gross proceeds of approximately $1,028,905,668. The filing classifies the transaction as a change-of-control disposition (transaction code "U"), meaning the sale was made in connection with a change in control event rather than a routine open-market trade.

Key Details

• Transaction date and price: 2026-07-07, 499,468,771 shares at $2.06 per share.
• Total value: ≈ $1,028,905,668.
• Shares owned after transaction: Not specified in the provided Form 4 summary.
• Filing/footnotes: Footnotes F1–F4 reference Exhibit 99.1 for additional text; Exhibit 99.1 is incorporated by reference. This is Form 1 of 3 for the same event (the filing was split because there are more than 10 reporting persons); Advent International, L.P. is the designated filer.
• Related insiders: The filing notes Advent directors (David Mussafer, Tricia Glynn, Michael White) serve on Olaplex’s board and have filed separate Section 16 reports disclosing any securities they may be deemed to own.
• Timeliness: Reported on the same date as the transaction (Period of Report and Filed date 2026-07-07); no late filing flag indicated.

Context This was an institutional disposition by a 10% owner in connection with a change-of-control event — not a routine insider sale by an individual executive. Such large, structured dispositions often relate to corporate transactions (mergers, buyouts, etc.) rather than a personal trading decision; the filing does not state motivations. For full details and the referenced footnotes, consult Exhibit 99.1 and the other related Form 4 filings.