Form 4: Olin Corp Director Edward Daly Reports Acquisition of Phantom Stock Units

Director Edward Daly reports acquisition of phantom stock units in Olin Corp as part of director compensation.

Summary

• Director Edward Daly reported acquiring phantom stock units of Olin Corp on May 1, 2025.
• The acquisition includes 9,157 phantom stock units at a price of $21.77 and 492 phantom stock units at a price of $52.58.
• These units are part of the annual director compensation granted under the Amended and Restated Olin Corporation 1997 Stock Plan for Non-Employee Directors and pro-rata compensation for 2024.
• The phantom stock units convert into common stock on a one-to-one basis.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally neutral to positive as it aligns director and shareholder interests.

Positives

• The acquisition of phantom stock units aligns the director's interests with those of the shareholders.

Industry Context

This is a routine disclosure related to director compensation, common in publicly traded companies to align director and shareholder interests.

Stakeholder Impact

• The acquisition of phantom stock units aligns the director's interests with those of the shareholders, potentially encouraging decisions that benefit the company's long-term value.

Key Dates

Keywords

phantom stock units, director compensation, OLN, Olin Corp, Form 4, Edward Daly, acquisition