Olin VP reports RSU vesting and tax share disposition
Olin Corp VP & Controller Nichole Sumner reported equity award activity involving restricted stock units and common shares.
Rhea-AI Filing Summary
Olin Corp VP & Controller Nichole Sumner reported equity award activity involving restricted stock units and common shares. On February 20, 2026, 1,835 restricted stock units were exercised and converted into 1,835 shares of common stock, with no cash exercise price. To cover taxes on this vesting, 538 common shares were disposed of at $24.09 per share through a tax-withholding transaction. After these transactions, the reporting person directly held 26,147 common shares and 3,669 restricted stock units, plus 9,452.6705 common shares held indirectly through the Olin Corporation Retirement Savings Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,835 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,835 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 538 | $24.09 | $13K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Restricted stock units convert into common stock on a one-to-one basis.
- F2. 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 20, 2026.
- F3. On February 20, 2025 the reporting person was granted 5,504 restricted stock units, 1,835 shares vested on February 20, 2026, 1,835 shares vest on February 20, 2027 and 1,834 shares vest on February 20, 2028.
FAQ
What did Olin (OLN) VP & Controller Nichole Sumner report on this Form 4?
How many Olin (OLN) restricted stock units did Nichole Sumner vest and convert?
What are Nichole Sumner’s direct Olin (OLN) holdings after these transactions?
What indirect Olin (OLN) holdings does the Form 4 show for Nichole Sumner?
How do the restricted stock units in the Olin (OLN) Form 4 convert into common stock?
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