Olin (NYSE: OLN) updates KPMG auditor ratification vote from 2026 meeting
Filing Impact
Filing Sentiment
Form Type
8-K/A
Rhea-AI Filing Summary
Olin Corporation corrected a typographical error in the reported voting results for one proposal from its 2026 Annual Meeting of Shareholders. The change affects Proposal 4, which concerned ratifying KPMG LLP as Olin’s independent registered public accounting firm for 2026.
Shareholders ratified KPMG LLP with 96,697,914 votes for, 1,974,822 votes against, and 151,501 abstentions, with 0 broker non-votes. The correction does not change the outcome of the proposal, and no other items from the original report were revised.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Votes for Proposal 4: 96,697,914 votes
Votes against Proposal 4: 1,974,822 votes
Abstentions on Proposal 4: 151,501 votes
+1 more
4 metrics
Votes for Proposal 4
96,697,914 votes
Ratification of KPMG LLP as 2026 independent auditor
Votes against Proposal 4
1,974,822 votes
Ratification of KPMG LLP as 2026 independent auditor
Abstentions on Proposal 4
151,501 votes
Ratification of KPMG LLP as 2026 independent auditor
Broker non-votes on Proposal 4
0 votes
Ratification of KPMG LLP as 2026 independent auditor
Key Terms
independent registered public accounting firm, Submission of Matters to a Vote of Security Holders, broker non-votes
3 terms
independent registered public accounting firm financial
"Ratification of appointment of KPMG LLP as independent registered public accounting firm for 2026"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
Submission of Matters to a Vote of Security Holders regulatory
"Item 5.07. Submission of Matters to a Vote of Security Holders."
broker non-votes financial
"Votes For | | Votes Against | | Abstentions | | Broker Non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
FAQ
What did Olin Corporation (OLN) change in this 8-K/A filing?
Olin Corporation corrected a typographical error in the shareholder vote counts for Proposal 4 from its 2026 Annual Meeting. The amendment updates the official tally but leaves the outcome and all other previously reported proposals unchanged.
What was Proposal 4 at Olin Corporation’s 2026 Annual Meeting?
Proposal 4 asked shareholders to ratify KPMG LLP as Olin Corporation’s independent registered public accounting firm for 2026. This is a routine annual vote confirming the external auditor that reviews the company’s financial statements and internal controls.
What were the corrected vote totals for Olin (OLN) Proposal 4?
The corrected totals for Proposal 4 were 96,697,914 votes for, 1,974,822 votes against, and 151,501 abstentions, with 0 broker non-votes. These figures confirm strong shareholder support for retaining KPMG LLP as Olin’s 2026 independent auditor.
Did the corrected vote on Proposal 4 change the result for Olin Corporation?
No, the corrected vote did not change the result. Shareholders still ratified KPMG LLP as Olin’s independent registered public accounting firm for 2026, and the amendment only updates the numerical vote counts, not the final decision.
Does Olin’s 8-K/A affect other 2026 Annual Meeting proposals?
The amendment affects only Proposal 4’s vote totals. Olin states that no other changes were made to the original report of its 2026 Annual Meeting, so results for all other shareholder proposals remain as previously disclosed.
Who signed Olin Corporation’s amended 8-K/A filing?
The amended report was signed on behalf of Olin Corporation by Inchan Hwang, who serves as Vice President, Deputy General Counsel and Corporate Secretary. This indicates the amendment was reviewed and authorized at a senior legal and governance level.