Olin Corp (NYSE: OLN) VP exercises 2,500 RSUs, 609 shares withheld
Rhea-AI Filing Summary
Olin Corp executive Deon Carter exercised restricted stock units and had shares withheld for taxes. On June 17, 2026, 2,500 restricted stock units converted into common stock on a one-for-one basis, while 609 shares were disposed of to cover tax obligations. Carter now directly holds 2,248 common shares and 5,000 remaining restricted stock units from a 10,000-unit grant that began vesting in 2025 and will continue vesting through June 17, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,891 shares
Net Buy
3 txns
Insider
Carter Deon
Role
VP & President CAPV
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,500 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 609 | $24.13 | $15K |
Holdings After Transaction:
Restricted Stock Units — 5,000 shares (Direct);
Common Stock — 2,248 shares (Direct)
Footnotes (2)
- F1. Restricted stock units convert into common stock on a one-on-one basis.
- F2. On June 17, 2024 the reporting person was granted 10,000 restricted stock units. 2,500 vested on June 17, 2025, 2,500 vested on June 17, 2026 and 5,000 will vest on June 17, 2027.
Key Figures
Tax-withholding shares: 609 shares
RSUs exercised: 2,500 units
Common shares held after: 2,248 shares
+3 more
6 metrics
Tax-withholding shares
609 shares
Common stock disposed to cover tax obligations at $24.13 per share
RSUs exercised
2,500 units
Restricted stock units converted into common stock on June 17, 2026
Common shares held after
2,248 shares
Direct Olin common stock holdings following transactions
RSUs remaining
5,000 units
Restricted stock units outstanding after 2,500-unit conversion
Original RSU grant
10,000 units
Grant dated June 17, 2024, vesting through June 17, 2027
Tax-withholding price
$24.13 per share
Price applied to 609-share tax-withholding disposition
Key Terms
Restricted stock units, tax-withholding disposition, derivative exercise/conversion
3 terms
Restricted stock units financial
"Restricted stock units convert into common stock on a one-on-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"Exercise or conversion of derivative security"
FAQ
What insider transactions did Olin (OLN) VP Deon Carter report?
Deon Carter reported exercising 2,500 restricted stock units into Olin common stock and a related tax-withholding disposition of 609 shares. These transactions are compensation-related events rather than open-market buying or selling activity.
What was the size of Deon Carter’s RSU grant at Olin (OLN)?
Carter was granted 10,000 restricted stock units on June 17, 2024. According to the vesting schedule, 2,500 vested in 2025, 2,500 vested in 2026, and 5,000 are scheduled to vest on June 17, 2027, subject to continued service conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
