STOCK TITAN

Olin (NYSE: OLN) awards director 7,023 phantom stock units as compensation

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Olin Corp director Earl L. Shipp reported a grant of 7,023 Phantom Stock Units. The award was made on May 1, 2026 at a reference price of $28.48 per unit as part of Olin’s Non-Employee Director Deferred Compensation Plan.

Each Phantom Stock Unit converts into one share of Olin common stock, giving the grant an equivalent underlying 7,023 common shares. After this award, Shipp directly holds a total of 59,190.528 Phantom Stock Units under the plan, reflecting his accumulated deferred director compensation.

Positive

  • None.

Negative

  • None.
Insider Shipp Earl L
Role null
Type Security Shares Price Value
Grant/Award Phantom Stock Units 7,023 $28.48 $200K
Holdings After Transaction: Phantom Stock Units — 59,190.528 shares (Direct, null)
Footnotes (1)
  1. Security converts to common stock on a one-to-one basis. Represents a portion of the annual director compensation granted under the Olin Corporation Non-Employee Director Deferred Compensation Plan.
Phantom Stock Units granted 7,023 units Grant on May 1, 2026 to director Earl L. Shipp
Reference price per unit $28.48 per unit Price associated with 7,023 Phantom Stock Units grant
Total Phantom Stock Units held 59,190.528 units Balance following the May 1, 2026 grant
Underlying common shares 7,023 shares One-to-one conversion of Phantom Stock Units to common stock
Phantom Stock Units financial
"Security title listed as "Phantom Stock Units" with a one-to-one stock conversion."
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Non-Employee Director Deferred Compensation Plan financial
"Grant represents annual director compensation under the Olin Corporation Non-Employee Director Deferred Compensation Plan."
Grant, award, or other acquisition financial
"Transaction code description notes a "Grant, award, or other acquisition" of units."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Shipp Earl L

(Last)(First)(Middle)
C/O OLIN CORPORATION
190 CARONDELET PLZ, STE 1530

(Street)
CLAYTON MISSOURI 63105

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
OLIN Corp [ OLN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock Units(1)05/01/2026A7,023 (2) (2)Common Stock7,023$28.4859,190.528D
Explanation of Responses:
1. Security converts to common stock on a one-to-one basis.
2. Represents a portion of the annual director compensation granted under the Olin Corporation Non-Employee Director Deferred Compensation Plan.
Remarks:
/s/ E.C. Tanner, Attorney-in-Fact05/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Olin (OLN) director Earl L. Shipp report?

Earl L. Shipp reported receiving 7,023 Phantom Stock Units on May 1, 2026. The grant is part of his annual director compensation under Olin’s Non-Employee Director Deferred Compensation Plan and is structured as a deferred, stock-linked award rather than a cash payment.

How do Olin (OLN) Phantom Stock Units reported by Earl L. Shipp work?

The Phantom Stock Units convert into Olin common stock on a one-to-one basis. Shipp’s May 1, 2026 award of 7,023 units therefore corresponds to 7,023 underlying common shares, aligning his deferred director compensation with Olin’s share price performance over time.

What is Earl L. Shipp’s total Phantom Stock Unit balance at Olin (OLN) after this filing?

After the May 1, 2026 grant, Earl L. Shipp directly holds 59,190.528 Phantom Stock Units. This figure reflects his cumulative deferred director compensation awards under the Olin Corporation Non-Employee Director Deferred Compensation Plan as reported in the Form 4 filing.

Was the Olin (OLN) Phantom Stock Unit transaction a market purchase or sale?

The transaction was a grant, not a market trade. The Form 4 shows transaction code “A” for a grant, award, or other acquisition, indicating compensation issued by Olin to director Earl L. Shipp rather than an open-market purchase or sale of existing shares.

What price is associated with Earl L. Shipp’s Olin (OLN) Phantom Stock Unit grant?

The award is linked to a reference price of $28.48 per Phantom Stock Unit. While Phantom Stock Units are a deferred compensation instrument, this price anchors the value of the 7,023 units granted on May 1, 2026 in the Form 4 disclosure.