Olin Corp (NYSE: OLN) VP exercises 1,250 RSUs; 492 shares withheld
Rhea-AI Filing Summary
Olin Corp executive Florian J. Kohl, VP & President, Epoxy & International, reported the June 1, 2026 vesting and one-to-one conversion of 1,250 restricted stock units into common shares. To satisfy tax obligations, 492 shares were withheld at $25.67 per share. After these transactions, he directly holds 7,949 shares of Olin common stock. The RSUs come from a 5,000-unit grant made on June 1, 2024, with an additional 2,500 units scheduled to vest on June 1, 2027.
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Insider Trade Summary
Net Buyer: 758 shares
Net Buy
3 txns
Insider
Kohl Florian J
Role
VP & Pres,Epoxy&International
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,250 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,250 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 492 | $25.67 | $13K |
Holdings After Transaction:
Restricted Stock Units — 2,500 shares (Direct);
Common Stock — 7,949 shares (Direct)
Footnotes (2)
- F1. Restricted stock units convert into common stock on a one-to-one basis.
- F2. On June 1, 2024 the reporting person was granted 5,000 restricted stock units. 1,250 vested on June 1, 2025, 1,250 vested on June 1, 2026 and 2,500 will vest on June 1, 2027.
Key Figures
RSUs converted: 1,250 units
Tax-withholding shares: 492 shares
Tax-withholding price: $25.67 per share
+3 more
6 metrics
RSUs converted
1,250 units
Restricted stock units converted into common stock on June 1, 2026
Tax-withholding shares
492 shares
Shares delivered to cover tax obligations at vesting on June 1, 2026
Tax-withholding price
$25.67 per share
Per-share price used for the tax-withholding disposition
Direct common stock holdings
7,949 shares
Common stock held directly by Florian J. Kohl after the reported transactions
RSU grant size
5,000 units
Restricted stock units granted on June 1, 2024
Future RSUs vesting
2,500 units
RSUs scheduled to vest on June 1, 2027 from the 2024 grant
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-to-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
"Payment of exercise price or tax liability by delivering securities."
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Olin Corp (OLN) executive Florian J. Kohl report in this Form 4?
Florian J. Kohl reported the vesting and conversion of 1,250 restricted stock units into Olin common stock on June 1, 2026. As part of the same event, some shares were withheld to cover taxes, and his updated direct holdings were disclosed.
How many restricted stock units did the Olin (OLN) executive convert and from which grant?
He converted 1,250 restricted stock units into common stock, part of a 5,000-unit RSU grant awarded on June 1, 2024. That grant vests in tranches, with remaining units scheduled to vest through June 1, 2027.
What tax-withholding transaction did Olin (OLN) disclose for Florian J. Kohl?
A tax-withholding disposition of 492 shares of Olin common stock was reported at $25.67 per share. These shares were delivered to satisfy tax obligations related to the same-day restricted stock unit vesting and conversion.
What is the remaining vesting schedule for Florian J. Kohl’s Olin (OLN) RSU grant?
From the 5,000-unit RSU grant dated June 1, 2024, 1,250 units vested in 2025, another 1,250 in 2026, and the final 2,500 units are scheduled to vest on June 1, 2027, subject to continued service conditions.