Olin director granted 7,023 phantom stock units
Olin Corp director William H. Weideman received a grant of 7,023 Phantom Stock Units as part of annual director compensation.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Olin Corp director William H. Weideman received a grant of 7,023 Phantom Stock Units as part of annual director compensation. These Phantom Stock Units were awarded under the Olin Corporation Non-Employee Director Deferred Compensation Plan and convert into an equal number of shares of common stock on a one-to-one basis.
After this grant, Weideman holds a total of 53,657 Phantom Stock Units directly, all tied to Olin common stock. This is a routine, compensation-related award rather than an open-market stock purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 7,023 | $28.48 | $200K |
Footnotes (2)
- F1. Security converts to common stock on a one-to-one basis.
- F2. Represents a portion of the annual director compensation granted under the Olin Corporation Non-Employee Director Deferred Compensation Plan.
Key Figures
Key Terms
Phantom Stock Units financial
Non-Employee Director Deferred Compensation Plan financial
Grant, award, or other acquisition financial
one-to-one basis financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Olin (OLN) director William H. Weideman report in this Form 4?
How many Olin (OLN) Phantom Stock Units does William H. Weideman hold after this grant?
What are Phantom Stock Units in the context of Olin (OLN)?
Is the Olin (OLN) Form 4 transaction a stock purchase or sale?
How is the value of the Olin (OLN) Phantom Stock Unit grant measured in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.