Form 4: Olin Corp Director Acquires Phantom Stock Units

Matthew S. Darnall, a Director at Olin Corporation, acquired 10,535 phantom stock units as part of his annual compensation.

Summary

• Matthew S. Darnall, a Director of Olin Corporation, was granted 10,535 phantom stock units on May 1, 2026.
• These units are part of his annual director compensation under the Olin Corporation Non-Employee Director Deferred Compensation Plan.
• Each phantom stock unit converts to one share of common stock.
• The reported value of these units is $28.48 per share, totaling $42,721.809.
• Following this transaction, Mr. Darnall directly beneficially owns 42,721.809 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine compensation event for a director rather than a significant strategic or financial development.

Positives

• Director compensation is being paid in a form that aligns with common stock ownership, potentially incentivizing long-term value creation.
• The grant of phantom stock units indicates continued investment in the company's equity by a key insider.

Future Outlook

The filing does not contain specific forward-looking statements or guidance. The transaction itself represents a component of ongoing compensation.

Industry Context

StockSavvy.ai notes that the use of phantom stock units for director compensation is a common practice in the chemicals industry, aligning executive and director interests with those of shareholders by linking compensation to the company's stock performance.

Stakeholder Impact

• Shareholders: The transaction reinforces alignment between director compensation and company stock performance, which can be viewed positively.
• Employees: No direct impact mentioned, but reflects the company's compensation structure for its board.

Key Dates

Keywords

Olin Corporation, Form 4, Insider Transaction, Director Compensation, Phantom Stock Units, Beneficial Ownership, SEC Filing