Daly Edward 4

What Happened

• Edward Daly, a director of Olin Corporation (OLN), was granted 7,023 derivative shares on 2026-05-01 at a reported per-share value of $28.48, totaling $200,015. The transaction is reported as an award/acquisition (derivative security) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-01; Form 4 filed: 2026-05-05 (filed within the normal two-business-day window).
• Award: 7,023 derivative shares valued at $28.48 each; aggregate value $200,015.
• Security converts to common stock on a one-to-one basis (Footnote 1).
• Award represents a portion of annual director compensation granted under the Olin Corporation Non-Employee Director Deferred Compensation Plan (Footnote 2).
• Shares owned after the transaction: not disclosed in the information provided.
• No sale or cashless exercise reported — this is a compensatory award, not a market sale.

Context

• This is a routine director compensation award under Olin’s deferred compensation plan. The derivative units convert to common shares 1:1 per the filing; such awards are commonly used to defer pay and do not by themselves indicate an immediate bullish or bearish action (no immediate sale reported).