Form 4: Olin Corp Director Matthew S Darnall Reports Acquisition of Phantom Stock Units

Director Matthew S Darnall reports acquisition of phantom stock units as part of annual director compensation.

Summary

• On May 1, 2025, Matthew S Darnall, a director of Olin Corporation, acquired 13,751 phantom stock units.
• These units were granted as part of the annual director compensation under the Amended and Restated Olin Corporation 1997 Stock Plan for Non-Employee Directors.
• The phantom stock units convert to common stock on a one-to-one basis.
• Following the transaction, Darnall directly owns 32,186.809 derivative securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices and aligns director interests with shareholders.

Positives

• The acquisition of phantom stock units aligns the director's interests with those of the shareholders.
• The grant is part of a pre-existing compensation plan, suggesting a structured and transparent approach to director remuneration.

Future Outlook

NA

Industry Context

This filing is a routine disclosure related to director compensation, which is a common practice in publicly traded companies. It provides transparency regarding the alignment of director interests with shareholder value.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with company performance.

Key Dates

Keywords

Olin Corp, Director, Matthew S Darnall, Phantom Stock Units, Form 4, Director Compensation, OLN