Olin (NYSE: OLN) VP & Treasurer exercises RSUs, withholds 674 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Olin Corporation VP & Treasurer Teresa M. Vermillion reported equity award activity on February 20, 2026. She exercised 2,318 restricted stock units, converting them into an equal number of common shares at $0.00 per share. To cover tax obligations, 674 common shares were disposed of at $24.09 per share through a tax-withholding transaction. Following these transactions, she directly held 18,922 common shares and 4,634 restricted stock units, plus an additional 140.7607 common shares held indirectly under the Olin Corporation Retirement Savings Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,318 shares exercised/converted
Mixed
4 txns
Insider
VERMILLION TERESA M
Role
VP & Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,318 | $0.00 | -- |
| Exercise | Common Stock | 2,318 | $0.00 | -- |
| Tax Withholding | Common Stock | 674 | $24.09 | $16K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 4,634 shares (Direct);
Common Stock — 19,596 shares (Direct);
Common Stock — 140.761 shares (Indirect, By RSP Trustee)
Footnotes (1)
- Restricted stock units convert into common stock on a one-on-one basis. The figure represents shares of Olin Common Stock held under the Olin Corporation Retirement Savings Plan (RSP), a tax conditioned plan reflecting transactions exempt under Rule 16b-3, as reported by the RSP Plan Administrator as of February 20, 2026. On February 20, 2025 the reporting person was granted 6,952 restricted stock units, 2,318 shares vested on February 20, 2026, 2,317 shares vest on February 20, 2027 and 2,317 shares vest on February 20, 2028.
FAQ
What insider transactions did Olin (OLN) report for Teresa M. Vermillion?
Teresa M. Vermillion reported exercising 2,318 restricted stock units into common shares and a related tax-withholding disposition of 674 common shares at $24.09 per share on February 20, 2026. These transactions reflect routine equity award vesting and tax coverage.
How many Olin (OLN) restricted stock units did Vermillion exercise and what remains unvested?
Vermillion exercised 2,318 restricted stock units, converting them one-for-one into common stock. After this vesting, 4,634 restricted stock units remained credited in her account, scheduled to vest in two future annual installments according to the original February 20, 2025 grant terms.
How are Vermillion’s indirect Olin (OLN) holdings structured under the Retirement Savings Plan?
Her indirect holdings consist of 140.7607 Olin common shares held by the Retirement Savings Plan trustee. These shares are part of the Olin Corporation Retirement Savings Plan and reflect plan-level transactions exempt under Rule 16b-3 as reported by the plan administrator on February 20, 2026.