Form 4: Olaplex Director Emily White Receives RSU Grant

Olaplex Holdings Director Emily White was granted 110,294 restricted stock units, vesting in 2026, as part of the company's 2021 Equity Incentive Plan.

Summary

• Emily White, a Director of Olaplex Holdings, Inc. (OLPX), acquired 110,294 shares of common stock on August 12, 2025.
• The acquisition was a grant of Restricted Stock Units (RSUs) at a price of $0 per share, under the Issuer's 2021 Equity Incentive Plan.
• Each RSU represents the conditional right to receive one share of Common Stock.
• The RSUs are scheduled to vest in full on the date of the Issuer's 2026 Annual Meeting of Stockholders, contingent on Ms. White's continued service to the Issuer.
• Ms. White also reported indirect beneficial ownership of 23,476,117 shares through Anthos Capital IV, L.P., 148,064 shares through Anthos Tribe, L.P., and 138,399 shares through Anthos Management LP.
• Ms. White is an employee of Anthos Management LP and holds the reported RSUs for the benefit of the Management Company.
• Ms. White is the spouse of Bryan Kelly, who, along with Paul Farr, manages Anthos Management LP, Anthos Capital IV, L.P., and Anthos Tribe, L.P.
• Ms. White disclaims beneficial ownership of all reported shares, except to the extent of her pecuniary interest therein.

Sentiment

Score: 6

Explanation: Neutral to slightly positive. The grant of RSUs is a standard compensation practice that aligns director interests with long-term company performance, but it does not reflect new operational or financial news that would significantly alter the company's outlook.

Positives

• The grant of Restricted Stock Units (RSUs) aligns the director's long-term interests with shareholder value, as the value of the award is tied to future stock performance.
• The RSU grant is part of the Issuer's established 2021 Equity Incentive Plan, indicating a structured approach to executive and director compensation.

Negatives

• The transaction does not involve a direct cash purchase of shares by the director, as the RSUs were granted at a $0 price.

Risks

• The vesting of the 110,294 RSUs is contingent upon Emily White's continued service to Olaplex Holdings, Inc. through the 2026 Annual Meeting of Stockholders.
• The ultimate value realized from the RSUs upon vesting is dependent on the future market price of OLPX common stock, which is subject to market fluctuations.

Future Outlook

The granted Restricted Stock Units are set to vest in full on the date of the Issuer's 2026 Annual Meeting of Stockholders, contingent on the reporting person's continued service to the company.

Management Comments

• Represents restricted stock units ('RSUs') granted to the Reporting Person under the Issuer's 2021 Equity Incentive Plan.
• The RSUs will vest in full on the date of the Issuer's 2026 Annual Meeting of Stockholders, subject to the Reporting Person's continued service to the Issuer through such vesting date.
• The Reporting Person disclaims beneficial ownership of the RSUs, except to the extent of her pecuniary interest therein.

Industry Context

This filing is a standard disclosure for insider equity grants, a common form of executive and director compensation across publicly traded companies. Such grants are designed to align the interests of company leadership with long-term shareholder value, a practice prevalent in the consumer staples and beauty industry.

Comparison to Industry Standards

• Granting Restricted Stock Units (RSUs) as part of an equity incentive plan is a common compensation practice for directors and executives in the consumer staples and beauty industry, mirroring strategies employed by companies such as Estée Lauder or L'Oréal.
• The $0 grant price for RSUs is standard, as these awards represent a conditional right to receive shares rather than a direct purchase.
• The vesting schedule, tied to continued service and a future annual meeting, is typical for such equity awards, ensuring alignment with the company's long-term performance and retention goals.

Related Party Transactions

• Emily White, as an employee of Anthos Management LP and spouse of Bryan Kelly (a manager of Anthos entities), has indirect beneficial ownership through Anthos Capital IV, L.P., Anthos Tribe, L.P., and Anthos Management LP. She disclaims beneficial ownership except for her pecuniary interest.

Stakeholder Impact

• Shareholders: The RSU grant aligns the director's long-term interests with shareholder value, as the value of the award depends on future stock performance.

Next Steps

• Vesting of the 110,294 RSUs on the date of the Issuer's 2026 Annual Meeting of Stockholders, subject to Emily White's continued service.

Key Dates

Recommendation

This Form 4 filing reports a routine RSU grant to a director as part of their compensation, which is a standard practice to align interests. It does not provide new information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate as this filing alone does not present a compelling reason to buy or sell.

Keywords

Olaplex, OLPX, SEC Form 4, Restricted Stock Units, RSU, Equity Incentive Plan, Insider Transaction, Director Compensation, Beneficial Ownership, Anthos Capital