Form 4: Olin Corp VP & Treasurer, Teresa M. Vermillion, Reports Acquisition of Common Stock and Restricted Stock Units
SEC Form 4 Filing
Teresa M. Vermillion, VP & Treasurer of Olin Corporation, reports the acquisition of common stock and restricted stock units.
Summary
- On February 19, 2025, Teresa M. Vermillion acquired 691 shares of Olin Corporation common stock at $0.
- Following the transaction, Vermillion directly owns 16,771.2309 shares of common stock and indirectly owns 138.2674 shares through the ESOP Trustee.
- On February 20, 2025, Vermillion acquired 6,952 restricted stock units, each representing a contingent right to receive one share of Olin Common Stock.
- These restricted stock units vest in three annual installments beginning on February 20, 2026.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any explicit positive or negative sentiment about the company's performance or prospects.
Positives
- The acquisition of restricted stock units could align Vermillion's interests with the long-term performance of Olin Corporation.
Future Outlook
The restricted stock units vest in three annual installments beginning on February 20, 2026, suggesting a multi-year alignment of Vermillion's interests with the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives.
Stakeholder Impact
- The disclosure provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Acquisition of 691 shares of Olin Common Stock. |
| 02/20/2025 | Acquisition of 6,952 Restricted Stock Units. |
| 02/20/2026 | First vesting date for the acquired Restricted Stock Units. |
| 02/21/2025 | Date of signature for the Form 4 filing. |
Keywords
Olin Corporation, Form 4, insider trading, restricted stock units, common stock, beneficial ownership, Vermillion, OLN
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.