Form 4: Olin Corp Director Will W Anthony Reports Acquisition of Phantom Stock Units
SEC Form 4 Filing
Director Will W Anthony reports acquisition of phantom stock units convertible to common stock as part of annual director compensation.
Summary
- On May 1, 2025, Will W Anthony, a director of Olin Corporation, acquired 13,751 phantom stock units.
- These units are 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, Anthony directly owns 32,186.809 phantom stock units.
Sentiment
Score: 5
Explanation: The document is a routine filing related to director compensation, indicating a neutral sentiment.
Industry Context
Director compensation in the form of stock options and restricted stock units is a common practice among publicly traded companies to align the interests of directors with those of shareholders.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders by aligning director interests with company performance.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction: Acquisition of phantom stock units. |
| 05/05/2025 | Date of report signature. |
Keywords
Form 4, Director Compensation, Phantom Stock Units, Olin Corp, OLN, Beneficial Ownership, Will W Anthony
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