[Form 4] Olin Corp. Insider Trading Activity
Teresa M. Vermillion, VP & Treasurer of Olin Corporation (OLN), reported option exercise and share sale on 08/13/2025. She exercised employee stock options to acquire 6,000 shares at an exercise price of $13.14 per share and simultaneously sold 6,000 shares at a weighted-average price of $21.107 per share. After these transactions the filing reports Ms. Vermillion holds 17,199 shares directly and additionally holds shares indirectly under the company retirement plan as reported by the plan administrator.
The filing notes that 427.769 shares held under dividend reinvestment plans are included in reported amounts and that the retirement savings plan shares reflect tax‑conditioned holdings exempt under Rule 16b‑3. The form is signed by an attorney‑in‑fact and dated 08/15/2025.
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Insights
TL;DR: Routine insider option exercise paired with a contemporaneous sale; results in no net new liquid position, routine disclosure.
The reported transactions show an employee stock option exercise and an immediate sale of an equal number of shares. The exercise price of $13.14 versus the weighted average sale price of $21.107 indicates the officer realized value from option exercise and sale. Holdings reported after the transactions (17,199 direct shares plus retirement plan and DRIP amounts disclosed) remain modest relative to a typical public company float, and there is no indication of a change in control or material shift in ownership. This is a standard Section 16 disclosure documenting insider compensation and liquidity events rather than a company‑level operational development.
TL;DR: Compliance filing documents exempt and non‑exempt transactions; appears consistent with Rule 10b5‑1/Rule 16 reporting practices.
The Form 4 clearly separates exempt plan holdings (dividend reinvestment and retirement savings plan) from reportable option exercise and open‑market sales. The reporting person is identified as an officer and the form is filed individually. Footnotes supply required details about DRIP and RSP holdings and the weighted‑average sale price. From a governance and disclosure perspective, the form meets Section 16 requirements by reporting acquisition, disposition, and beneficial ownership metrics; there are no apparent reporting anomalies or missing mandatory disclosures in the provided text.