OLIN director granted 7,023 phantom stock units
OLIN Corp director Julie A. Piggott received a grant of 7,023 Phantom Stock Units tied to OLIN common stock.
Sentiment and the balance of points
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Rhea-AI Filing Summary
OLIN Corp director Julie A. Piggott received a grant of 7,023 Phantom Stock Units tied to OLIN common stock. The units were awarded at a reference price of $28.48 per unit as part of her annual director compensation under the Olin Corporation Non-Employee Director Deferred Compensation Plan.
Each Phantom Stock Unit converts to one share of common stock on a one-to-one basis. Following this award, Piggott holds a total of 21,494.751 Phantom Stock Units directly, representing deferred, stock-based compensation rather than an open-market purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 7,023 | $28.48 | $200K |
Footnotes (2)
- F1. Security converts to common stock on a one-to-one basis.
- F2. Represents a portion of the annual director compensation granted under the Olin Corporation Non-Employee Director Deferred Compensation Plan.
Key Figures
Key Terms
Phantom Stock Units financial
Non-Employee Director Deferred Compensation Plan financial
grant, award, or other acquisition financial
underlying security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did OLIN Corp (OLN) director Julie Piggott report?
How are Julie Piggott’s Phantom Stock Units at OLIN Corp (OLN) valued?
How many Phantom Stock Units does Julie Piggott hold after this OLN grant?
Is Julie Piggott’s OLN Phantom Stock Unit award an open-market stock purchase?
AI-generated analysis. How Rhea-AI works. Not financial advice.