Form 4: Olin Corp Director Julie Piggott Reports Transactions

Julie A. Piggott, a Director at Olin Corp, has reported transactions related to phantom stock units, indicating a portion of her annual compensation.

Summary

• Julie A. Piggott, a Director at Olin Corporation, has filed a Form 4 statement detailing transactions related to her beneficial ownership of Olin Corp securities.
• The filing indicates that Piggott acquired 7,023 phantom stock units on May 1, 2026.
• These phantom stock units are part of her annual director compensation under the Olin Corporation Non-Employee Director Deferred Compensation Plan.
• Each phantom stock unit converts to one share of common stock on a one-to-one basis.
• Following these transactions, Piggott beneficially owns 21,494.75 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports routine director compensation transactions and does not indicate significant changes in beneficial ownership or market-moving events.

Positives

• Director compensation is being utilized as intended through the deferred compensation plan.
• The transaction reflects ongoing participation in the company's incentive structure for directors.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, as it pertains to reporting past transactions.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into how company insiders are managing their holdings. This filing specifically details a director's compensation structure, which is common practice in publicly traded companies.

Related Party Transactions

• The acquisition of phantom stock units by Director Julie A. Piggott under the Olin Corporation Non-Employee Director Deferred Compensation Plan represents a related party transaction.

Stakeholder Impact

• Shareholders: Increased transparency regarding director compensation and ownership structure.

Key Dates

Keywords

Olin Corp, Form 4, Director Compensation, Phantom Stock Units, Beneficial Ownership, Deferred Compensation Plan, Insider Transaction