OLIN Corp (NYSE: OLN) CEO receives 132,053 restricted stock units in Form 4 grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OLIN Corp director and President & CEO Kenneth Todd Lane reported an equity compensation grant on Form 4. On February 18, 2026, he acquired 132,053 restricted stock units, each representing a contingent right to receive one share of Olin common stock. These restricted stock units vest in three annual installments beginning on February 18, 2027, aligning his compensation with future company performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lane Kenneth Todd
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 132,053 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 132,053 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Olin Common Stock. These restricted stock units vest in three annual installments beginning on February 18, 2027.
FAQ
What insider transaction did OLN CEO Kenneth Todd Lane report on this Form 4?
Kenneth Todd Lane reported acquiring 132,053 restricted stock units as an equity award. The units were granted on February 18, 2026, and each unit represents a contingent right to receive one share of Olin common stock under the company’s compensation arrangements.
How many restricted stock units did OLN’s CEO receive in this Form 4 filing?
The CEO received 132,053 restricted stock units in this reported transaction. Following the grant, his reported holdings of these units totaled 132,053, reflecting the full award amount as a single equity compensation grant rather than an open-market purchase or sale.
What do the OLN restricted stock units reported by Kenneth Todd Lane represent?
Each restricted stock unit represents a contingent right to receive one share of Olin common stock. This means the CEO will receive actual shares only as the units vest over time, subject to the vesting schedule and any applicable plan or employment conditions.
What is the vesting schedule for the 132,053 OLN restricted stock units?
The 132,053 restricted stock units vest in three annual installments beginning on February 18, 2027. This structure staggers the delivery of underlying shares over three years, encouraging longer-term alignment between the CEO’s compensation and Olin’s ongoing performance.