OLIN Corp Files 8-K on Officer Changes and Compensatory Arrangements
Ticker: OLN · Form: 8-K · Filed: Feb 20, 2024 · CIK: 74303
| Field | Detail |
|---|---|
| Company | Olin CORP (OLN) |
| Form Type | 8-K |
| Filed Date | Feb 20, 2024 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 5 min |
| Key Dollar Amounts | $1.00, $1,100,000, $7,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, compensatory-arrangements, 8-K
TL;DR
**OLIN Corp just filed an 8-K about executive changes and pay, keep an eye on leadership shifts!**
AI Summary
OLIN Corporation filed an 8-K on February 20, 2024, reporting an event that occurred on February 15, 2024. The filing pertains to Item 5.02, 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers,' and Item 9.01, 'Financial Statements and Exhibits.' The company, incorporated in Virginia with IRS Employer Identification No. 13-1872319, is headquartered at 190 Carondelet Plaza, Suite 1530, Clayton, MO 63105.
Why It Matters
This filing signals potential changes in OLIN Corporation's leadership or executive compensation structure, which could influence future strategic direction and financial performance.
Risk Assessment
Risk Level: medium — Changes in executive leadership or compensation can introduce uncertainty regarding future company strategy and stability.
Key Numbers
- 13-1872319 — IRS Employer Identification No. (identifies OLIN Corporation)
- 001-01070 — Commission File Number (SEC filing identifier)
Key Players & Entities
- OLIN Corporation (company) — registrant
- February 15, 2024 (date) — date of earliest event reported
- February 20, 2024 (date) — filing date
- Virginia (company) — state of incorporation
- 13-1872319 (dollar_amount) — IRS Employer Identification No.
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 15, 2024.
What specific items are covered in this 8-K filing?
This 8-K filing covers Item 5.02, 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers,' and Item 9.01, 'Financial Statements and Exhibits.'
Where is OLIN Corporation's principal executive office located?
OLIN Corporation's principal executive office is located at 190 Carondelet Plaza, Suite 1530, Clayton, MO 63105.
What is OLIN Corporation's state of incorporation?
OLIN Corporation's state of incorporation is Virginia.
What is the SEC file number for OLIN Corporation?
The SEC file number for OLIN Corporation is 001-01070.
Filing Stats: 1,351 words · 5 min read · ~5 pages · Grade level 11.3 · Accepted 2024-02-20 06:28:32
Key Financial Figures
- $1.00 — ange on which registered Common Stock, $1.00 par value per share OLN New York Stock
- $1,100,000 — eceive (a) a base salary at the rate of $1,100,000 per year, (b) a 2024 annual target ince
- $7,000,000 — ogram with a target grant date value of $7,000,000 (such value to be determined in accorda
Filing Documents
- oln-20240215.htm (8-K) — 37KB
- exhibit101-offerletterdate.htm (EX-10.1) — 46KB
- exhibit991-pressrelease.htm (EX-99.1) — 24KB
- image_0.jpg (GRAPHIC) — 4KB
- olinlogoa.jpg (GRAPHIC) — 1016KB
- 0000074303-24-000031.txt ( ) — 1466KB
- oln-20240215.xsd (EX-101.SCH) — 2KB
- oln-20240215_lab.xml (EX-101.LAB) — 25KB
- oln-20240215_pre.xml (EX-101.PRE) — 13KB
- oln-20240215_htm.xml (XML) — 3KB
01. Other Events
Item 8.01. Other Events On February 19, 2024, Olin issued a press release announcing Mr. Lane's appointment as President and Chief Executive Officer, and as a member of the Board of Olin. A copy of the press release is filed as Exhibit 99.1 hereto and incorporated by reference into this Item 8.01.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibit No. Exhibit 10.1 Offer Letter dated February 15, 2024 by and between Kenneth Lane and Olin Corporation 99.1 Press release, dated February 19, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. OLIN CORPORATION By: /s/ Dana O'Brien Name: Dana O'Brien Title: Senior Vice President, General Counsel and Secretary Date: February 20, 2024