Olin (NYSE: OLN) CEO converts 36,206 RSUs, withholds 8,811 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OLIN Corp President & CEO Kenneth Todd Lane reported equity award activity involving restricted stock units and common shares. On February 20, 2026, he exercised 36,206 restricted stock units, which converted into 36,206 shares of common stock at no exercise price.
These units are part of a 108,617‑unit grant awarded on February 20, 2025, vesting in three annual installments through 2028. In a related move, 8,811 common shares were disposed of at $24.09 per share to cover tax obligations associated with the vesting, a tax-withholding disposition rather than an open-market sale. Following these transactions, Lane directly owned 69,962 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
36,206 shares exercised/converted
Mixed
3 txns
Insider
Lane Kenneth Todd
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 36,206 | $0.00 | -- |
| Exercise | Common Stock | 36,206 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,811 | $24.09 | $212K |
Holdings After Transaction:
Restricted Stock Units — 74,411 shares (Direct);
Common Stock — 78,773 shares (Direct)
Footnotes (1)
- Restricted stock units convert into common stock on a one-on-one basis. On February 20, 2025 the reporting person was granted 108,617 restricted stock units, 36,206 shares vested on February 20, 2026, 36,206 shares vest on February 20, 2027 and 36,205 shares vest on February 20, 2028.
FAQ
What insider transactions did OLIN Corp (OLN) CEO report on February 20, 2026?
OLIN Corp’s CEO reported exercising 36,206 restricted stock units into common stock and a related tax-withholding disposition of 8,811 common shares. These actions reflect scheduled vesting from a prior equity grant, not an open-market purchase or sale.
How many restricted stock units vested for OLIN (OLN) CEO in this Form 4?
A total of 36,206 restricted stock units vested and were converted into 36,206 common shares. These units are the first tranche of a 108,617-unit award granted in 2025, scheduled to vest in three annual installments through 2028.
What is the size and vesting schedule of the OLIN (OLN) CEO’s RSU grant?
The CEO received a grant of 108,617 restricted stock units on February 20, 2025. According to the disclosure, 36,206 units vested in 2026, another 36,206 vest in 2027, and 36,205 vest in 2028, each converting into common shares one-for-one.