Lane Kenneth Todd 4

What Happened
Lane Kenneth Todd, President & CEO and a director of OLIN Corp (OLN), had 50,000 restricted stock units convert into common stock on March 18, 2026. Of those shares, 19,675 were withheld to satisfy tax withholding at an implied price of $26.25 per share (total withheld value $516,469), leaving a net gain of 30,325 shares to Mr. Todd. This was a vesting/conversion of an award, not an open‑market sale or purchase.

Key Details

• Transaction date: March 18, 2026 (reported on Form 4 filed March 20, 2026). Filing appears timely (filed two days after the transaction).
• Conversion: 50,000 restricted stock units converted into 50,000 common shares (code M).
• Tax withholding: 19,675 shares withheld (code F) at $26.25/share for $516,469.
• Net new shares from this event: 50,000 acquired − 19,675 withheld = +30,325 shares.
• Shares owned following the transaction: not specified in the excerpt provided.
• Footnotes: F1 — RSUs convert 1:1 into common stock; F2 — these RSUs come from a 200,000‑unit grant on March 18, 2024 with vesting of 50,000 on 3/18/25, 50,000 on 3/18/26, and 100,000 on 3/18/27. The withholding is a routine tax payment (sell‑to‑cover/net settlement), not an open‑market sale.

Context
This filing reflects standard vesting and tax‑withholding mechanics for equity awards. The 50,000 RSUs vested and were converted to shares; the company retained (withheld) a portion to cover tax obligations rather than Mr. Todd selling shares on the open market. Such transactions are common and do not by themselves indicate a buy or sell signal about the insider’s view of the company.