Hotchkis & Wiley reports 13.39% Olin (NYSE: OLN) ownership stake

Rhea-AI Filing Summary

Hotchkis and Wiley Capital Management, LLC filed Amendment No. 4 to a Schedule 13G reporting a large institutional position in Olin Corporation common stock. The firm reports beneficial ownership of 15,278,245 shares, representing 13.39% of Olin’s common stock as of 12/31/2025.

Hotchkis & Wiley has sole voting power over 14,282,765 shares and sole dispositive power over 15,278,245 shares, with no shared voting or dispositive power. The securities are owned of record by its advisory clients, who receive dividends and sale proceeds. The firm certifies the holdings are in the ordinary course of business and not for the purpose of changing or influencing control of Olin.

Insights

Equity ownership analyst

Large institutional investor reports a 13.39% passive stake in Olin.

Hotchkis and Wiley Capital Management, LLC reports beneficial ownership of 15,278,245 Olin common shares, or 13.39% of the class as of 12/31/2025. This reflects a significant institutional presence in the shareholder base.

The firm has sole voting power for 14,282,765 shares and sole dispositive power for the full 15,278,245 shares, with no shared powers, indicating centralized decision-making at the adviser level while economic benefits remain with clients.

Hotchkis & Wiley certifies the position is held in the ordinary course of business and not to change or influence control, characterizing this as a passive, investment-driven stake rather than an activist position. Future ownership updates, if any, would appear in subsequent beneficial ownership reports.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 4)

OLIN Corporation

(Name of Issuer)

Common Stock, $1.00 par value per share

(Title of Class of Securities)

680665205

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 680665205

1

Names of Reporting Persons

Hotchkis and Wiley Capital Management, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 14,282,765.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 15,278,245.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

15,278,245.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

13.39 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: OLIN Corporation
(b)	Address of issuer's principal executive offices: 190 Carondelet Plaza, Suite 1530, Clayton, MO 63105
Item 2.
(a)	Name of person filing: Hotchkis and Wiley Capital Management, LLC
(b)	Address or principal business office or, if none, residence: 601 S. Figueroa Street, 39th Fl, Los Angeles, CA 90017
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Stock, $1.00 par value per share
(e)	CUSIP No.: 680665205
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 15,278,245
(b)	Percent of class: 13.39%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 14,282,765
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 15,278,245
	(iv) Shared power to dispose or to direct the disposition of: 0 Note that certain of HWCM's clients have retained voting power over the Common Shares that they beneficially own. Accordingly, HWCM has the power to dispose of more Common Shares than it can vote.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The securities as to which this Schedule is filed by HWCM, in its capacity as investment adviser, are owned of record by clients of HWCM. Those clients have the right to receive, or the power to direct the receipt of, dividends from, or the proceeds from the sale of, such securities. No such client is known to have such right or power with respect to more than five percent of this class of securities.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Hotchkis and Wiley Capital Management, LLC

Signature:	Tina H. Kodama
Name/Title:	Tina H. Kodama | Chief Compliance Officer
Date:	02/17/2026

FAQ

How many Olin (OLN) shares does Hotchkis & Wiley report owning in this Schedule 13G/A?

Hotchkis & Wiley reports beneficial ownership of 15,278,245 Olin common shares. These shares are held for its investment advisory clients, who receive dividends and sale proceeds, while the adviser exercises dispositive authority over the full reported amount.

What percentage of Olin (OLN) does Hotchkis & Wiley’s reported stake represent?

Hotchkis & Wiley’s reported position represents 13.39% of Olin’s common stock. This percentage is based on 15,278,245 shares beneficially owned as of December 31, 2025, making the firm a significant institutional holder of Olin’s equity.

Does Hotchkis & Wiley have voting power over all Olin (OLN) shares it beneficially owns?

Hotchkis & Wiley has sole voting power over 14,282,765 Olin shares. It holds sole dispositive power over 15,278,245 shares, while some clients retain voting rights on a portion of the shares for which the firm only has dispositive authority.

Are Hotchkis & Wiley’s Olin (OLN) holdings intended to influence control of the company?

The filing states the Olin shares are not held to change or influence control. Hotchkis & Wiley certifies the securities were acquired and are held in the ordinary course of business as an investment adviser, not as part of a control-seeking transaction.

Who ultimately benefits from the Olin (OLN) shares reported by Hotchkis & Wiley?

The economic benefits of the reported Olin shares go to Hotchkis & Wiley’s clients. The securities are owned of record by advisory clients, who receive dividends and sale proceeds, while the adviser reports beneficial ownership due to its discretionary authority.

What is the relevant date for Hotchkis & Wiley’s Olin (OLN) ownership figures in this Schedule 13G/A?

The ownership figures are reported as of December 31, 2025. As of that date, Hotchkis & Wiley beneficially owned 15,278,245 Olin common shares, equal to 13.39% of the outstanding class, under its discretionary investment management.