Olin (NYSE: OLN) CFO exercises 8,690 RSUs and withholds shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Olin Corp VP & CFO Todd A. Slater exercised 8,690 restricted stock units on a one-to-one basis into common stock on February 20, 2026 at a stated price of $0.00 per share. To cover tax obligations, 3,850 common shares were disposed of at $24.09 per share.
After these transactions, Slater directly owned 49,543 common shares and 17,379 restricted stock units. He also indirectly held 115,123 common shares through a joint revocable living trust and 96.7778 shares through the Olin Corporation Retirement Savings Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,690 shares exercised/converted
Mixed
5 txns
Insider
Slater Todd A
Role
VP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,690 | $0.00 | -- |
| Exercise | Common Stock | 8,690 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,850 | $24.09 | $93K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 17,379 shares (Direct);
Common Stock — 53,393 shares (Direct);
Common Stock — 115,123 shares (Indirect, Joint Revocable Living Trust)
Footnotes (1)
- Restricted stock units convert into common stock on a one-to-one basis. The figure represents shares of Olin Common Stock held under the Olin Corporation Retirement Savings Plan, a tax conditioned plan reflecting transactions exempt under Rule 16b-3, as reported by the RSP Plan Administrator as of February 20, 2026. On February 20, 2025 the reporting person was granted 26,069 restricted stock units, 8,690 shares vested on February 20, 2026, 8,690 shares vest on February 20, 2027 and 8,689 shares vest on February 20, 2028.
FAQ
What insider transactions did OLIN Corp VP & CFO report on this Form 4?
Olin Corp VP & CFO Todd A. Slater exercised 8,690 restricted stock units into common stock, then disposed of 3,850 common shares at $24.09 per share to satisfy tax obligations. These movements changed his direct and indirect ownership balances.
How many OLIN (OLN) RSUs did the CFO convert to common stock?
The CFO converted 8,690 restricted stock units into an equal number of Olin common shares. Footnotes state these RSUs were part of a 26,069-unit grant, with 8,690 units vesting on February 20, 2026 and additional tranches scheduled to vest in 2027 and 2028.
How are the OLIN restricted stock units structured for the CFO grant?
The CFO received a grant of 26,069 restricted stock units on February 20, 2025. According to the footnotes, 8,690 units vested on February 20, 2026, another 8,690 vest on February 20, 2027, and 8,689 on February 20, 2028, each converting one-for-one into common stock.