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OLAPLEX HOLDINGS, INC.·4

Mar 11, 4:46 PM ET

Duffy John C 4

Research Summary

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Updated

OLPX GC John Duffy Receives 384,615 RSU Award

What Happened
John C. Duffy, General Counsel of Olaplex Holdings, received a grant of 384,615 restricted stock units (RSUs) on 2026-03-10 (acquisition value $0). The day before, on 2026-03-09, he disposed of 34,824 shares in a sale at $1.26 per share for proceeds of $43,878. The sale was a sell-to-cover transaction to satisfy tax withholding tied to RSU vesting.

Key Details

  • Transactions:
    • 2026-03-09: Sale of 34,824 shares @ $1.26 — proceeds $43,878 (Disposition, code S; footnote F1 indicates this was a sell-to-cover for tax withholding).
    • 2026-03-10: Award/Grant of 384,615 RSUs @ $0 (Acquisition, code A; footnote F2).
  • RSU terms (footnote F2): Each RSU represents the right to one share. The grant vests in four equal installments on March 10 of 2027, 2028, 2029 and 2030, subject to continued employment.
  • Shares owned after the reported transactions: not specified in the filing.
  • Filing: Reported on 2026-03-11 for transactions on 2026-03-09 and 2026-03-10 — appears to be timely.

Context
The RSU grant is a typical form of equity compensation and will vest over multiple years; it does not reflect an immediate cash purchase. The sale was a routine sell-to-cover to meet tax obligations upon vesting, which is common and not necessarily a signal of broader sentiment.