Form 4: Olin Corp Director Shipp Earl L Reports Acquisition of Phantom Stock Units
SEC Form 4
Director Shipp Earl L reports acquisition of phantom stock units convertible to common stock in Olin Corp.
Summary
- On May 1, 2025, Director Earl L Shipp acquired 10,306 phantom stock units of Olin Corp, convertible to common stock on a one-to-one basis.
- The acquisition is part of the annual director compensation grants under the Amended and Restated Olin Corporation 1997 Stock Plan for Non-Employee Directors.
- Following the transaction, Shipp directly owns 52,167.528 shares of Olin Corp common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding director compensation, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to director compensation and is typical for publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it relates to director compensation.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction: Acquisition of phantom stock units |
| 05/05/2025 | Date of report |
Keywords
Olin Corp, Director, Form 4, Phantom Stock Units, Earl L Shipp, Director Compensation, OLN
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