Olin (OLN) VP & Controller Nichole Sumner exercises options and sells 4,750 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Olin Corporation vice president and controller Nichole Sumner reported option exercises and share sales. On February 3, 2026, she exercised employee stock options for 4,750 shares of common stock at $13.14 per share, then sold 4,750 shares of common stock the same day at a weighted average price of $22.4939 per share. After these transactions, she directly owned 24,771 shares of Olin common stock and indirectly held 9,452.6705 shares through the Olin Corporation Retirement Savings Plan as of February 3, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,750 shares ($106,846)
Net Sell
4 txns
Insider
Sumner R Nichole
Role
VP & Controller
Sold
4,750 shs ($107K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Options (Right to Buy) | 4,750 | $0.00 | -- |
| Exercise | Common Stock | 4,750 | $13.14 | $62K |
| Sale | Common Stock | 4,750 | $22.4939 | $107K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Options (Right to Buy) — 0 shares (Direct);
Common Stock — 29,521 shares (Direct);
Common Stock — 9,452.671 shares (Indirect, By RSP Trustee)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.48 to $22.52, inclusive. The reporting person undertakes to provide to Olin Corporation, any security holder of Olin Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 1 to this Form 4. 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 3, 2026. The option vested in three equal annual installments on February 12, 2017, 2018 and 2019.
FAQ
What insider transaction did Nichole Sumner report at Olin (OLN)?
Nichole Sumner, Olin’s vice president and controller, reported exercising employee stock options for 4,750 shares and selling 4,750 common shares on February 3, 2026. These transactions are disclosed in a Form 4 insider trading report filed with the Securities and Exchange Commission.
What happened to Nichole Sumner’s employee stock options in this Olin (OLN) filing?
She exercised 4,750 employee stock options with a $13.14 exercise price, converting them into 4,750 shares of Olin common stock. The options, which vested in three annual installments beginning February 12, 2017, were fully exercised, leaving zero derivative securities from this grant.
What does the weighted average sale price mean in the Olin (OLN) Form 4?
The weighted average price of $22.4939 reflects multiple sale transactions of Olin shares executed between $22.48 and $22.52 per share. The insider notes a willingness to provide detailed trade-by-trade pricing information to the company, shareholders, or SEC staff upon request.