OLIN Corp (OLN) VP exercises restricted stock units, withholding shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OLIN Corp executive Brett A. Flaugher reported equity award activity and related tax withholding. On February 20, 2026, he exercised 6,276 restricted stock units at $0.0000 per unit, converting them into the same number of common shares through a derivative exercise.
On the same date, 1,839 common shares were disposed of at $24.09 per share to cover tax obligations associated with this award. After these transactions, he held 4,674 common shares directly, 12,552 restricted stock units directly, and 88,438 common shares indirectly through a trust. Footnotes state the restricted stock units convert into common stock on a one‑to‑one basis and are part of an 18,827‑unit grant with scheduled vesting through February 20, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,276 shares exercised/converted
Mixed
4 txns
Insider
FLAUGHER BRETT A
Role
VP & Pres, Winchester
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,276 | $0.00 | -- |
| Exercise | Common Stock | 6,276 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,839 | $24.09 | $44K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 12,552 shares (Direct);
Common Stock — 6,513 shares (Direct);
Common Stock — 88,438 shares (Indirect, By Trust)
Footnotes (1)
- Restricted stock units convert into common stock on a one-to-one basis. On February 20, 2025 the reporting person was granted 18,827 restricted stock units, 6,276 vested on February 20, 2026, 6,276 will vest on February 20, 2027 and 6,275 will vest on February 20, 2028.
FAQ
What insider equity transactions did OLIN (OLN) report for Brett A. Flaugher?
OLIN reported that Brett A. Flaugher exercised 6,276 restricted stock units, converting them into common stock, and had 1,839 common shares disposed of to satisfy tax obligations. These transactions relate to previously granted equity awards rather than open-market buying or selling.
How do OLIN (OLN) restricted stock units convert into common stock for Brett A. Flaugher?
Footnotes state that Flaugher’s restricted stock units convert one-to-one into OLIN common stock. They are part of an 18,827-unit grant made on February 20, 2025, vesting in three annual installments through February 20, 2028, including the 6,276 units that vested in 2026.
What grant and vesting schedule applies to Brett A. Flaugher’s OLIN (OLN) restricted stock units?
According to the footnotes, Flaugher received an 18,827 restricted stock unit grant on February 20, 2025. 6,276 units vested on February 20, 2026, another 6,276 will vest on February 20, 2027, and 6,275 will vest on February 20, 2028.