OLIN (OLN) executive Florian Kohl awarded 20,009 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kohl Florian J reported acquisition or exercise transactions in this Form 4 filing.
OLIN Corp reported that executive Florian J. Kohl, Vice President and President of Epoxy & International, received a grant of 20,009 restricted stock units. Each unit represents a contingent right to receive one share of Olin common stock at no purchase price.
The restricted stock units will vest in three annual installments beginning on February 18, 2027. This award increases Kohl’s direct derivative holdings to 20,009 restricted stock units, aligning part of his compensation with the company’s future share performance over the multi-year vesting period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kohl Florian J
Role
VP & Pres,Epoxy&International
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 20,009 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 20,009 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Olin Common Stock. The restricted stock units vest in three annual installments beginning on February 18, 2027.
FAQ
What insider transaction did OLIN (OLN) report for Florian J. Kohl?
OLIN reported that executive Florian J. Kohl received a grant of 20,009 restricted stock units. These units are part of his equity compensation and give him the contingent right to receive the same number of Olin common shares if vesting conditions are met.
How many restricted stock units did Florian J. Kohl acquire at OLIN (OLN)?
Florian J. Kohl acquired 20,009 restricted stock units. Each unit represents a contingent right to one share of Olin common stock, providing equity-based compensation that ties his potential future value directly to the company’s stock performance after the vesting schedule.
What is the vesting schedule for the new OLIN (OLN) restricted stock units?
The restricted stock units vest in three annual installments beginning on February 18, 2027. This means the award will be earned gradually over several years, encouraging longer-term alignment between the executive’s interests and Olin shareholders’ interests.
Did Florian J. Kohl pay anything for the OLIN (OLN) restricted stock units?
No, the restricted stock units were granted at a price of $0.00 per unit. This reflects a typical equity compensation grant, where value is realized only if vesting conditions are satisfied and the underlying Olin common stock has market value.
How did this transaction affect Florian J. Kohl’s OLIN (OLN) holdings?
After the grant, Florian J. Kohl directly holds 20,009 restricted stock units. These are derivative securities that may convert into the same number of Olin common shares in the future, subject to the three-year annual vesting schedule outlined in the award terms.