OLIN Corp·4

Feb 20, 4:01 PM ET

Castle Angela M 4

Research Summary

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OLIN VP & Chief Legal Officer Angela M. Castle Receives Award

What Happened
Angela M. Castle, Vice President and Chief Legal Officer of Olin Corporation (OLN), received equity awards on February 18, 2026. The Form 4 reports acquisition of 26 shares of common stock (through the Olin Retirement Savings Plan) and 16,007 restricted stock units (RSUs). Both items are reported at $0.00 (typical for grants/RSUs), so no cash was exchanged in the filing.

Key Details

  • Transaction date: February 18, 2026; Form 4 filed February 20, 2026 (within the usual 2-business-day reporting window).
  • Shares/units granted: 26 shares (RSP) + 16,007 RSUs (derivative award) = 16,033 total. Reported price: $0.00.
  • RSU detail: Each restricted stock unit represents a contingent right to one share (footnote).
  • Vesting: The 16,007 RSUs vest in three annual installments beginning February 18, 2027.
  • RSP note: The 26 shares are held under the Olin Corporation Retirement Savings Plan and were reported by the RSP Plan Administrator (exempt under Rule 16b-3).
  • Filing timeliness: Filed two days after the transaction date; not indicated as late in the filing.

Context
These entries are awards, not open-market purchases or sales. RSUs are contingent grants that convert to actual shares only as they vest; they do not represent an immediate cash investment or sale by the insider. Awards like this are common executive compensation and should be interpreted as compensation-related transactions rather than direct bullish or bearish trading signals.