Form 4: Olin Corp Director Will W Anthony Reports Acquisition of Phantom Stock Units

Director Will W Anthony acquired 4,851 phantom stock units of Olin Corp on May 1, 2024, as part of annual director compensation.

Summary

• On May 1, 2024, Will W Anthony, a director of Olin Corporation, acquired 4,851 phantom stock units.
• The acquisition was part of the annual director compensation grants under the Amended and Restated Olin Corporation 1997 Stock Plan for Non-Employee Directors.
• The price of the derivative security was $52.58.
• Following the transaction, Anthony directly owns 18,435.809 derivative securities.
• Each phantom stock unit converts to one share of common stock.

Sentiment

Score: 7

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

Positives

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

Industry Context

This filing is a routine disclosure related to director compensation, which is a common practice in publicly traded companies to align the interests of directors with those of shareholders.

Related Party Transactions

• The grant of phantom stock units to a director is a related party transaction.

Stakeholder Impact

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

Key Dates