Form 4: Olin Corp Director Carol A. Williams Reports Acquisition of Common Stock

Director Carol A. Williams reports acquisition of 1,378 shares of Olin Corp common stock at $21.77 per share as part of annual director compensation.

Summary

• On May 1, 2025, Carol A. Williams, a director of Olin Corporation, acquired 1,378 shares of common stock at a price of $21.77 per share.
• This acquisition was part of the annual director compensation granted under the Amended and Restated Olin Corporation 1997 Stock Plan for Non-Employee Directors.
• Following the transaction, Williams directly owns 7,947 shares of Olin Corporation common stock.
• Williams also acquired 7,779 phantom stock units, which convert to common stock on a one-to-one basis, as part of the annual director compensation grants credited to her deferred stock account.
• After the transaction, Williams holds 51,827 phantom stock units.
• The reporting person has signed the document through an attorney-in-fact.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a stock acquisition by a director as part of their compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Industry Context

Director stock acquisitions are common and are viewed as a way to align the interests of directors with those of shareholders. This filing is a routine disclosure required by the SEC.

Comparison to Industry Standards

• Director compensation packages often include stock options, restricted stock, or phantom stock units to incentivize long-term value creation.
• The specific terms of Olin Corporation's director compensation plan, including the number of shares and vesting schedules, would need to be compared to those of peer companies to assess its competitiveness.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates

Keywords

Olin Corp, Director, Carol A. Williams, Stock Acquisition, Form 4, Director Compensation, Phantom Stock Units