OLN.NYSEOlin CORP

4/A: Olin Corp Executive Deon Carter Corrects Stock Unit Transaction Date in Amended SEC Filing

Sentiment:

SEC Filing


VP & President of CAPV at Olin Corp, Deon Carter, files an amended SEC Form 4/A to correct the transaction date and vesting schedule of restricted stock units.

Summary

  • Deon Carter, VP & President CAPV at Olin Corp, filed an amended Form 4/A with the SEC.
  • The amendment corrects the transaction date for the acquisition of 10,000 restricted stock units to June 17, 2024, from the originally reported date of June 16, 2024.
  • The filing also clarifies the vesting schedule of these units: 2,500 units vest on June 17, 2025, 2,500 units vest on June 17, 2026, and 5,000 units vest on June 17, 2027.
  • Each restricted stock unit represents a contingent right to receive one share of Olin Corporation Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

This filing is a routine disclosure related to executive compensation and is required by the SEC to ensure transparency in insider transactions. It does not necessarily reflect broader industry trends but provides insight into the compensation structure at Olin Corp.

Stakeholder Impact

  • The correction of the transaction date ensures accurate reporting to shareholders and the SEC.

Key Dates

DateDescription
06/17/2024Original Form 4 filed with incorrect transaction date.
06/17/2024Corrected transaction date for acquisition of restricted stock units.
06/17/2025Vesting date for 2,500 restricted stock units.
06/17/2026Vesting date for 2,500 restricted stock units.
06/17/2027Vesting date for 5,000 restricted stock units.
06/20/2024Date of amended filing (Form 4/A).

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