Olaplex (OLPX) CFO sells 93,809 shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Olaplex Holdings, Inc. COO and CFO Catherine Dunleavy reported an open-market sale of 93,809 shares of common stock at $1.26 per share. According to the filing, the shares were sold solely to cover tax withholding obligations tied to the vesting of restricted stock units through a “sell to cover” transaction under the applicable RSU award agreement.
After this tax-related sale, Dunleavy directly holds 3,026,885 shares of Olaplex common stock. The transaction reflects a mechanistic step associated with equity compensation rather than a discretionary change in her investment position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 93,809 shares ($118,199)
Net Sell
1 txn
Insider
DUNLEAVY CATHERINE
Role
COO and CFO
Sold
93,809 shs ($118K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 93,809 | $1.26 | $118K |
Holdings After Transaction:
Common Stock — 3,026,885 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Olaplex (OLPX) report for Catherine Dunleavy?
Olaplex reported that COO and CFO Catherine Dunleavy sold 93,809 shares of common stock at $1.26 per share. The filing states this was a required sale to cover tax withholding obligations from vesting restricted stock units under her RSU award agreement.
What type of security was involved in the Olaplex (OLPX) insider transaction?
The transaction involved Olaplex common stock. Catherine Dunleavy sold 93,809 common shares at $1.26 per share in an open-market sale that the company’s disclosure ties directly to tax withholding obligations from vesting restricted stock units.