Olin (OLN) VP converts RSUs into stock, withholds 1,877 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Olin Corp executive Marc Ehrhardt reported routine equity-compensation transactions. On May 1, 2026, he exercised restricted stock units that convert into common stock on a one-to-one basis, acquiring 2,500 and 5,206 shares of common stock.
To cover tax obligations, 1,877 common shares were withheld at $28.48 per share. Following these transactions, Ehrhardt directly held 25,206 common shares, while remaining restricted stock units from earlier grants continue to vest in future years.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,706 shares exercised/converted
Mixed
5 txns
Insider
Ehrhardt Marc
Role
VP & Pres Corp Development
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,206 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,500 | $0.00 | -- |
| Exercise | Common Stock | 5,206 | $0.00 | -- |
| Exercise | Common Stock | 2,500 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,877 | $28.48 | $53K |
Holdings After Transaction:
Restricted Stock Units — 10,412 shares (Direct, null);
Common Stock — 25,206 shares (Direct, null)
Footnotes (1)
- Restricted stock units convert into common stock on a one-to-one basis. On May 1, 2025 the reporting person was granted 15,618 restricted stock units, 5,206 which vested on May 1, 2026, 5,206 vest on May 1, 2027 and 5,206 vest on May 1, 2028. On May 1, 2025 the reporting person was granted 10,000 restricted stock units, 2,500 which vested on May 1, 2026, 2,500 vest on May 1, 2027 and 5,000 vest on May 1, 2028.
Key Figures
Shares withheld for taxes: 1,877 shares at $28.48
RSUs converted grant 1: 2,500 shares
RSUs converted grant 2: 5,206 shares
+3 more
6 metrics
Shares withheld for taxes
1,877 shares at $28.48
Tax-withholding disposition of common stock
RSUs converted grant 1
2,500 shares
Restricted stock units exercised into common stock
RSUs converted grant 2
5,206 shares
Restricted stock units exercised into common stock
Common shares held after
25,206 shares
Direct Olin common stock ownership after transactions
Remaining RSUs grant A
7,500 units
Restricted stock units remaining after 2,500 vested
Remaining RSUs grant B
10,412 units
Restricted stock units remaining after 5,206 vested
Key Terms
Restricted stock units, derivative security, tax-withholding disposition, one-to-one basis
4 terms
Restricted stock units financial
"Restricted stock units convert into common stock on a one-to-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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
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.
one-to-one basis financial
"Restricted stock units convert into common stock on a one-to-one basis."
FAQ
What did Olin (OLN) executive Marc Ehrhardt report on this Form 4?
Marc Ehrhardt reported routine equity-compensation activity, including exercises of restricted stock units into Olin common stock and a share withholding for taxes. These actions convert prior awards into shares rather than representing an open-market stock purchase or sale.
What do the footnotes reveal about Marc Ehrhardt’s Olin (OLN) RSU grants?
Footnotes state he received 15,618 RSUs on May 1, 2025, vesting 5,206 units annually from 2026 to 2028, and 10,000 RSUs on the same date, vesting 2,500, 2,500, and 5,000 units from 2026 through 2028.