Slater Todd A 4

What Happened Todd A. Slater, Vice President and Chief Financial Officer of Olin Corporation (OLN), exercised 92,250 stock options and immediately sold the 92,250 resulting shares on Feb. 3, 2026. The exercise report shows an acquisition cost of $13.14 per share (total $1,212,165). The shares were sold in the open market at a weighted-average price of $22.48 per share for total proceeds of $2,073,918, producing a gross spread of about $861,753 before taxes and fees. The filing also reports the derivative (the option) being disposed/converted as part of the transaction.

Key Details

• Transaction date: February 3, 2026.
• Exercise: 92,250 shares acquired at $13.14 each (total $1,212,165).
• Sale: 92,250 shares sold in multiple transactions at a weighted-average price of $22.48 ($22.21–$22.885 per footnote) for $2,073,918 proceeds. Footnote F1 lists the per-share sale price range and offers to provide per-price sale breakdown if requested.
• Derivative: The option instrument was reported as disposed/converted upon exercise (reported at $0).
• Vesting note: The option vested in three equal annual installments on Feb. 12, 2017, 2018 and 2019 (Footnote F3).
• Shares owned after the transaction: not specified in the provided excerpt of the Form 4. Footnote F2 indicates certain shares are held under the Olin Retirement Savings Plan (RSP) as of Feb. 3, 2026 (exempt plan reporting).
• Filing timeliness: Reported on Feb. 5, 2026 for a Feb. 3, 2026 transaction — appears timely (no late filing indicated).

Context This was a cashless-style exercise and immediate sale: the insider exercised previously vested options and sold the resulting shares the same day to realize the spread. Such transactions are common for executives to cover exercise costs, taxes, or to diversify; they are routine and not a definitive signal of company outlook.