Babcock Beverley A 4

What Happened

• Beverley A. Babcock, a director of OLIN Corporation (OLN), received director compensation in the form of equity awards on 2026-05-01. The filing reports two grants: 2,107 shares acquired at $28.48 each (value $60,007) and 4,916 derivative units at $28.48 each (value $140,008), for a combined value of $200,015.
• The larger grant is a derivative instrument that converts to common stock on a one-to-one basis (per footnote F2). Portions of these awards were granted under Olin’s Non-Employee Director Deferred Compensation Plan and credited to a deferred stock account (footnotes F1 and F3). These are compensation awards (transaction code A), not open-market purchases or sales.

Key Details

• Transaction date and price: 2026-05-01; price reported $28.48 per share/unit for both grants.
• Shares/units received: 2,107 shares (direct) + 4,916 derivative units = 7,023 total; total reported value ≈ $200,015.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnotes: F1 = portion of annual director compensation under the Directors Plan; F2 = converts 1:1 to common stock; F3 = portion credited to the reporting person’s deferred stock account.
• Filing timeliness: Report filed 2026-05-05 for a 2026-05-01 transaction — filed within the required reporting window (not marked late).

Context

• These awards are routine director compensation and represent pay/deferral rather than a market purchase or sale. Such grants are common for non-employee directors and do not by themselves indicate the director buying or selling shares based on sentiment. The derivative units will convert to common stock on a one-to-one basis per the filing.