Olin executive exercises RSUs, retains 6,857 shares
Olin Corp executive Deon Carter, VP & President CAPV, reported the vesting and conversion of 6,759 restricted stock units into common stock on February 20, 2026.
Rhea-AI Filing Summary
Olin Corp executive Deon Carter, VP & President CAPV, reported the vesting and conversion of 6,759 restricted stock units into common stock on February 20, 2026. From these shares, 1,793 were withheld to cover tax obligations at $24.09 per share. After these transactions, Carter directly holds 6,857 shares of Olin common stock and retains 13,517 restricted stock units from a prior 20,276-unit grant scheduled to vest through 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,759 shares exercised/converted
Exercise
3 txns
Insider
Carter Deon
Role
VP & President CAPV
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,759 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,759 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,793 | $24.09 | $43K |
Holdings After Transaction:
Restricted Stock Units — 13,517 contracts (Direct);
Common Stock — 6,857 shares (Direct)
Footnotes (2)
- F1. Restricted stock units convert into common stock on a one-on-one basis.
- F2. On February 20, 2025 the reporting person was granted 20,276 restricted stock units, 6,759 shares vested on February 20, 2026, 6,759 shares vest on February 20, 2027 and 6,758 shares vest on February 20, 2028.
Key Figures
RSUs exercised: 6,759 units
Shares withheld for taxes: 1,793 shares
Tax withholding price: $24.09 per share
+3 more
6 metrics
RSUs exercised
6,759 units
Restricted stock units converting to common stock on February 20, 2026
Shares withheld for taxes
1,793 shares
Common stock withheld at $24.09 per share for tax obligations
Tax withholding price
$24.09 per share
Price used for the tax-withholding disposition of common stock
Post-transaction common shares
6,857 shares
Direct common stock holdings after the reported transactions
Remaining RSUs
13,517 units
Restricted stock units remaining after 6,759 vested from a larger grant
Initial RSU grant
20,276 units
Grant made on February 20, 2025 with tranches vesting through 2028
Key Terms
Restricted stock units, tax-withholding disposition, derivative security
3 terms
Restricted stock units financial
"Restricted stock units convert into common stock on a one-on-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.
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.
derivative security financial
"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.
FAQ
What did Olin Corp (OLN) executive Deon Carter report on this Form 4?
Olin Corp VP & President CAPV Deon Carter reported the vesting and conversion of 6,759 restricted stock units into common stock on February 20, 2026, with a portion of the resulting shares used to satisfy tax obligations.
How many Olin (OLN) restricted stock units vested and converted to common stock?
On February 20, 2026, 6,759 restricted stock units held by Deon Carter vested and converted into an equal number of Olin common shares, consistent with the one-for-one RSU-to-common-stock conversion described in the accompanying footnotes.
What RSU grant and future vesting schedule does Olin (OLN) disclose for Deon Carter?
A prior grant awarded 20,276 restricted stock units to Deon Carter on February 20, 2025. Footnotes state that 6,759 units vested in 2026, with 13,517 units remaining to vest in equal tranches in 2027 and 2028.
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