Weideman William H 4
4 · OLIN Corp · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
OLN Director William H. Weideman Receives 7,023-Share Award
What Happened William H. Weideman, a director of Olin Corporation (OLN), was granted a derivative award of 7,023 shares on 2026-05-01. The award is reported at an acquisition price of $28.48 per share for a total reported value of $200,015. The filing characterizes the instrument as a derivative security that will convert to common stock on a one-to-one basis.
Key Details
- Transaction date: 2026-05-01; Form 4 filed: 2026-05-05.
- Instrument: Derivative grant of 7,023 shares at $28.48 each (total $200,015).
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 — security converts to common stock 1:1; F2 — represents part of annual director compensation under the Olin Corporation Non-Employee Director Deferred Compensation Plan.
- Transaction type: Award/acquisition (A) — compensation-related, not an open-market purchase or sale.
Context This award is a form of deferred director compensation rather than a direct market purchase or sale, so it reflects standard board pay rather than an independent trading signal. As a derivative award, the instruments will convert into common shares on a one-for-one basis per the filing.
Insider Transaction Report
- Award
Phantom Stock Units
[F1][F2]2026-05-01$28.48/sh+7,023$200,015→ 53,657 total→ Common Stock (7,023 underlying)
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.