Duffy John C 4
4 · OLAPLEX HOLDINGS, INC. · Filed Apr 15, 2026
Research Summary
AI-generated summary of this filing
Olaplex (OLPX) General Counsel John C. Duffy Sells 11,471 Shares
What Happened
John C. Duffy, General Counsel of Olaplex Holdings, Inc. (OLPX), sold 11,471 shares on 2026-04-14 at $2.02 per share, generating proceeds of approximately $23,171. The Form 4 reports this as a sale (code S); footnotes indicate the shares were sold to cover tax withholding on vested RSUs.
Key Details
- Transaction date: 2026-04-14; filing date: 2026-04-15 (timely filed).
- Price and size: 11,471 shares sold at $2.02 each; total ≈ $23,171.
- Transaction type: Open market sale recorded as a "sell-to-cover" to satisfy RSU tax withholding (footnote F1).
- Shares owned after transaction: Not specified in the provided summary—see the full Form 4 for total holdings.
- Codes/notes: Sale (S); footnote indicates sale was to cover taxes on vested restricted stock units (RSUs).
Context
A sell-to-cover tied to RSU vesting is a routine administrative transaction to meet tax obligations and is not the same signal as a voluntary market sale by choice. Retail investors often view purchases as more informative about insider sentiment than routine sell-to-cover transactions. For complete details, consult the full Form 4 filing.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-04-14$2.02/sh−11,471$23,171→ 971,384 total
Footnotes (1)
- [F1]Required number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs"). This sale was made to satisfy tax withholding obligations through a "sell to cover" transaction pursuant to the terms of the applicable RSU award agreement.