OLAPLEX (OLPX) CEO sells 451,837 shares in tax-related RSU transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OLAPLEX HOLDINGS, INC. Chief Executive Officer Amanda Baldwin reported an open-market sale of 451,837 shares of common stock at $1.17 per share. According to the filing, this sale was required to cover tax withholding obligations tied to the vesting of restricted stock units through a “sell to cover” transaction.
After this tax-related sale, Baldwin directly holds 9,129,515 shares of common stock. Because the transaction was executed solely to satisfy tax obligations under the RSU award agreement, it reflects a routine administrative event rather than a discretionary change in investment exposure.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 451,837 shares ($528,649)
Net Sell
1 txn
Insider
Baldwin Amanda
Role
Chief Executive Officer
Sold
451,837 shs ($529K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 451,837 | $1.17 | $529K |
Holdings After Transaction:
Common Stock — 9,129,515 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did OLAPLEX (OLPX) CEO Amanda Baldwin report?
Amanda Baldwin reported selling 451,837 OLAPLEX common shares at $1.17 per share. The filing explains this was a required “sell to cover” transaction to pay tax withholding obligations arising from the vesting of restricted stock units under her equity award agreement.
Does the OLAPLEX (OLPX) Form 4 indicate any option exercises or derivative activity?
The summarized data shows no derivative exercises or other derivative transactions in this Form 4. The reported activity involves only a single non-derivative common stock sale tied to tax withholding on vested restricted stock units, with no remaining derivative positions listed in the derivative summary.