Egan Kenneth F 4

What Happened
Kenneth F. Egan, Interim Chief Accounting Officer of Olaplex Holdings, disposed of 10,000 shares on July 7, 2026. The shares were converted/paid out at $2.06 per share for total consideration of $20,600. The transaction is recorded as a disposition to the issuer (code D) under the company’s March 26, 2026 merger agreement.

Key Details

• Transaction date and price: 2026-07-07; 10,000 shares @ $2.06 per share; total $20,600.
• Transaction type: D (Disposition to the issuer) — shares converted into cash under the Merger Agreement.
• Footnote: Per the Merger Agreement, each share outstanding at the effective time was converted into the right to receive $2.06 in cash.
• Shares owned after transaction: not specified in the filing.
• Filing timeliness: Form 4 filed with a report date of 2026-07-07 (no late filing indicated).

Context
A "disposition to the issuer" here reflects the company merger cash‑out rather than an open‑market sale or an exercise of options. This is a routine post‑merger conversion of shares into the stated cash consideration and is informational for shareholders tracking insider holdings around a change‑of‑control transaction.