Darnall Matthew S 4
4 · OLIN Corp · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
Olin Director Matthew S. Darnall Receives 10,535-Share Award
What Happened
Matthew S. Darnall, a director of Olin Corporation (OLN), was granted a derivative award of 10,535 shares on May 1, 2026. The award is reported at a $28.48 per-share value, for a total reported value of $300,037. The award was granted under Olin’s Non-Employee Director Deferred Compensation Plan.
Key Details
- Transaction type/code: Award/Grant (A); derivative security converting one-for-one to common stock (Footnote F1).
- Date of transaction: 2026-05-01; Form 4 filed: 2026-05-05 (filed within the SEC’s two-business-day window).
- Price/value: $28.48 per share; total reported value $300,037.
- Shares reported: 10,535 awarded. Shares owned after the transaction are not disclosed in the information provided.
- Footnotes: F1 — security converts to common stock on a one-to-one basis. F2 — represents a portion of annual director compensation under the Olin Corporation Non-Employee Director Deferred Compensation Plan.
Context
This is a compensation-related grant to a non-employee director (routine director pay) and is reported as a derivative award that will convert into common shares on a one-to-one basis. The filing does not state vesting, deferral timing, or immediate sale, so it should be viewed as routine compensation rather than a directional buy/sell signal.
Insider Transaction Report
- Award
Phantom Stock Units
[F1][F2]2026-05-01$28.48/sh+10,535$300,037→ 42,721.809 total→ Common Stock (10,535 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.