Form 4: OLIN Corp Executive Deon Carter Reports Vesting and Sale of Shares

OLIN Corp's VP & President CAPV, Deon Carter, reported the vesting of restricted stock units and the subsequent sale of shares for tax purposes on June 17, 2025.

Summary

• Deon Carter, VP & President CAPV of OLIN Corp, reported transactions on June 17, 2025.
• 2,500 Restricted Stock Units (RSUs) vested and converted into common stock.
• 609 shares of common stock were disposed of at a price of $20.04 per share, likely for tax withholding.
• Following these transactions, Mr. Carter directly beneficially owns 1,891 shares of common stock.
• He also directly beneficially owns 7,500 Restricted Stock Units, with 2,500 scheduled to vest on June 17, 2026, and 5,000 scheduled to vest on June 17, 2027.

Sentiment

Score: 5

Explanation: The document is a routine Form 4 filing detailing executive stock transactions, primarily related to RSU vesting and tax withholding. It does not contain information that would significantly alter the company's financial outlook or strategic direction, thus maintaining a neutral sentiment.

Positives

• The vesting of 2,500 Restricted Stock Units indicates a successful milestone for the executive's compensation plan.
• The executive retains a significant number of unvested Restricted Stock Units (7,500), aligning his interests with long-term company performance.

Negatives

• The disposition of 609 shares, even if for tax purposes, represents a reduction in the executive's direct common stock holdings.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Provides transparency on executive stock ownership and compensation activities, which can influence investor confidence. The sale of shares for tax purposes is a common practice and generally not indicative of a lack of confidence.

Next Steps

• 2,500 Restricted Stock Units are scheduled to vest on June 17, 2026.
• 5,000 Restricted Stock Units are scheduled to vest on June 17, 2027.

Key Dates

Keywords

OLIN Corp, OLN, SEC Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Executive Compensation, Deon Carter, Share Disposition, Beneficial Ownership