Baldwin Amanda 4

What Happened

• Amanda Baldwin, Chief Executive Officer of Olaplex Holdings, Inc. (OLPX), sold 451,837 shares on 2026-03-13 at $1.17 per share, resulting in gross proceeds of $528,649. This was a sale (not a purchase) and was executed as a sell-to-cover related to vested restricted stock units (RSUs), a routine tax-withholding action.

Key Details

• Transaction date and price: 2026-03-13, 451,837 shares at $1.17 each.
• Total proceeds: $528,649 (gross).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The sale was a "sell to cover" to satisfy tax withholding obligations on vested RSUs (per footnote F1).
• Filing: Report filed 2026-03-16 for a 2026-03-13 transaction; filing appears timely based on the filing date.

Context

• Sell-to-cover transactions are common when RSUs vest and are generally used solely to meet tax-withholding requirements; they are not necessarily indicative of the insider’s broader view on the company's prospects.
• Purchases typically carry more weight as affirmative insider buying; this transaction reflects a routine administrative sale tied to equity compensation.