Form 4: Olin Corp Director Acquires Phantom Stock Units
Statement of Changes in Beneficial Ownership
William H. Weideman, a Director at Olin Corp, acquired 7,023 phantom stock units on May 1, 2026, as part of his annual compensation.
Summary
- William H. Weideman, a Director of Olin Corporation, acquired 7,023 phantom stock units on May 1, 2026.
- These units were granted as a portion 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.
- Following this transaction, Mr. Weideman beneficially owns 53,657 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine compensation transaction for a director and does not inherently signal positive or negative performance for the company.
Positives
- Director compensation plan is active and being utilized.
- Director Weideman's beneficial ownership of Olin Corp common stock remains significant.
Future Outlook
No specific future outlook or guidance is provided in this filing, as it pertains to a director's compensation transaction.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and reflect ongoing compensation practices for corporate directors within the chemicals industry.
Stakeholder Impact
- Shareholders: The transaction reflects standard director compensation practices and does not immediately impact share value, but it confirms continued insider participation in company equity plans.
- Employees: The filing is not directly related to employee compensation or benefits.
- Creditors: No direct impact on creditors is indicated by this filing.
Key Dates
| Date | Description |
|---|---|
| 05/01/2026 | Transaction date for acquisition of phantom stock units. |
| 05/05/2026 | Date of filing for the statement of changes in beneficial ownership. |
Keywords
Olin Corp, William H. Weideman, Director, Phantom Stock Units, Deferred Compensation Plan, SEC Form 4, Beneficial Ownership
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