Form 4: Olaplex Holdings Director Paula Zusi Departs Board, Ceases Section 16 Obligations

Sentiment:

Director Change Notification


Paula Zusi has ceased serving as a Director of Olaplex Holdings, Inc. effective June 10, 2025, and is no longer subject to Section 16 reporting requirements.

Summary

  • Paula Zusi, a reporting person for Olaplex Holdings, Inc. (OLPX), has concluded her service as a Director of the Issuer.
  • Her departure from the board was effective on June 10, 2025.
  • As a result of her departure, Ms. Zusi is no longer subject to Section 16 of the Securities Exchange Act of 1934 in connection with Olaplex securities.
  • This Form 4 filing was made voluntarily to formally state the cessation of her Section 16 obligations.

Sentiment

Score: 5

Explanation: The document reports a routine corporate governance change (director departure) without any stated positive or negative implications, thus indicating a neutral sentiment.

Industry Context

This filing is a standard disclosure of a change in a company's board of directors, a routine corporate governance event. It does not provide broader industry trends or competitive insights.

Management Changes

RolePrevious PersonNew PersonEffective DateReason
DirectorPaula ZusiN/A06/10/2025Cessation of service as a Director, leading to no longer being subject to Section 16 reporting.

Stakeholder Impact

  • Shareholders: The departure of a director may lead to a change in board composition and potentially future strategic direction, though this specific filing does not provide details on the impact.
  • Employees: No direct impact on employees is indicated by this filing.

Key Dates

DateDescription
06/10/2025Effective date of Paula Zusi's departure as a Director of Olaplex Holdings, Inc.
06/23/2025Date the Form 4 was signed and filed by John Duffy, attorney-in-fact for Paula Zusi.

Recommendation

hold

Keywords

Olaplex Holdings, OLPX, Paula Zusi, Director Departure, SEC Form 4, Section 16, Corporate Governance, Board Change

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