Form 4: Olaplex Holdings COO and CFO Catherine Dunleavy Reports Acquisition of Restricted Stock Units

Catherine Dunleavy, COO and CFO of Olaplex Holdings, reports the acquisition of restricted stock units (RSUs) under the company's 2021 Equity Incentive Plan.

Summary

• On March 11, 2025, Catherine Dunleavy, the COO and CFO of Olaplex Holdings, acquired 993,377 restricted stock units (RSUs) at a price of $1.51.
• These RSUs were granted under the Issuer's 2021 Equity Incentive Plan.
• Each RSU represents the conditional right to receive one share of Olaplex Holdings Common Stock.
• The RSUs will vest in four equal installments on March 11 of 2026, 2027, 2028, and 2029, contingent upon Dunleavy's continued employment with the Issuer through each applicable vesting date.
• Following this transaction, Dunleavy beneficially owns 2,068,646 shares of Common Stock.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. The sentiment is neutral to slightly positive.

Positives

• The grant of RSUs aligns the executive's interests with the long-term performance of the company.
• The vesting schedule incentivizes continued employment and commitment to Olaplex Holdings.

Future Outlook

The document does not contain explicit forward-looking statements, but the vesting schedule of the RSUs implies an expectation of continued employment and contribution from the executive.

Industry Context

This type of equity compensation is common in publicly traded companies to align executive interests with shareholder value and incentivize long-term performance.

Comparison to Industry Standards

• Equity compensation is a standard practice among publicly listed companies, particularly for executive roles.
• Companies like L'Oréal, Estée Lauder, and Unilever also utilize stock options and restricted stock units as part of their compensation packages to align executive incentives with shareholder value.
• The vesting schedules and terms of these grants are typically benchmarked against industry peers to ensure competitiveness and retention.

Stakeholder Impact

• Shareholders may view this as a positive sign, indicating that the executive's interests are aligned with the company's long-term success.
• Employees may see this as a sign of stability and commitment from the leadership team.

Key Dates