4/A: Olin Corp Executive Deon Carter Corrects Stock Unit Transaction Date in Amended SEC Filing
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
| Date | Description |
|---|---|
| 06/17/2024 | Original Form 4 filed with incorrect transaction date. |
| 06/17/2024 | Corrected transaction date for acquisition of restricted stock units. |
| 06/17/2025 | Vesting date for 2,500 restricted stock units. |
| 06/17/2026 | Vesting date for 2,500 restricted stock units. |
| 06/17/2027 | Vesting date for 5,000 restricted stock units. |
| 06/20/2024 | Date of amended filing (Form 4/A). |
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