OLPX Olaplex Holdings, Inc. - 8-K

Item 8.01 Other Events.

On May 7, 2026, the United States District Court for the Central District of California granted preliminary approval of the settlement in the stockholder derivative action captioned In re Olaplex Holdings, Inc. Stockholder Derivative Litigation, Lead Case No. 2:23-cv-09712-SVW-SK (the “Settlement”). The Settlement resolves all claims that were or could have been asserted in the derivative litigation and the books and records demand made by stockholder Kajeel Patel pursuant to 8 Del. C. § 220, which involved claims similar to those asserted in the securities class action filed against Olaplex Holdings, Inc. (the “Company”) in 2022. Under the Settlement, the Company will enact certain governance enhancements and will cause a payment to be made to the plaintiffs’ counsel for their court-awarded attorneys’ fees and expenses. The Settlement is subject to final court approval.

On May 29, 2026, pursuant to the court’s preliminary approval order, the Company is publishing the Notice of Pendency and Proposed Settlement of Stockholder Derivative Matters and Settlement Hearing (the “Notice”) attached hereto as Exhibit 99.1. The Notice and the Stipulation and Agreement of Settlement and exhibits thereto are also available on the SEC Filings portion of Olaplex’s corporate website (https://ir.olaplex.com/sec-filings/all-sec-filings). The contents of the Company’s corporate website shall not be deemed to be incorporated by reference into this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit

Description

99.1

Notice of Pendency and Proposed Settlement of Stockholder Derivative Matters and Settlement Hearing, dated May 29, 2026.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)