Olin Corp Files 8-K on Operations and Governance

TL;DR

Olin Corp dropped an 8-K covering ops, board changes, and shareholder votes. Check it for the latest.

AI Summary

Olin Corporation filed an 8-K on April 24, 2024, reporting on results of operations, financial condition, director changes, and matters submitted to a vote. The filing also includes a Regulation FD disclosure and financial statements. Specific details on financial performance, director appointments, or shareholder votes are not elaborated in the provided text.

Why It Matters

This 8-K filing provides updates on Olin Corporation's operational and financial status, as well as changes in its board of directors and governance matters, which are crucial for investors to understand the company's direction.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of operational and governance information, not indicating any immediate financial distress or significant negative events.

Key Players & Entities

• OLIN Corp (company) — Registrant
• Virginia (jurisdiction) — State of Incorporation
• 1934 Act (regulation) — SEC Act

FAQ

Key Financial Figures

• $1.00 — ange on which registered Common Stock, $1.00 par value per share OLN New York Stock
• $0.20 — ectors declared a quarterly dividend of $0.20 on each share of Olin common stock. The

Filing Documents

• oln-20240424.htm (8-K) — 58KB
• exhibit991q12024earningspr.htm (EX-99.1) — 242KB
• olinlogo.jpg (GRAPHIC) — 1016KB
• 0000074303-24-000100.txt ( ) — 1653KB
• oln-20240424.xsd (EX-101.SCH) — 2KB
• oln-20240424_lab.xml (EX-101.LAB) — 22KB
• oln-20240424_pre.xml (EX-101.PRE) — 13KB
• oln-20240424_htm.xml (XML) — 3KB

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On April 25, 2024, Olin Corporation ("Olin") issued a press release announcing financial results for the first quarter ended March 31, 2024. Attached as Exhibit 99.1, and incorporated by reference into this Item 2.02, is a copy of Olin's press release dated April 25, 2024. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On April 25, 2024, the Board of Directors of Olin appointed Dr. Florian Kohl to Vice President and President of Epoxy. Mr. Damian Gumpel, a named executive officer of Olin, previously held the position of President of Epoxy in addition to the role of Vice President of Corporate Strategy. Following the reassignment of the role of President of Epoxy to Dr. Kohl, Mr. Gumpel will continue to serve as Vice President of Corporate Strategy.

07. Submission of Matters to a Vote of Security Holders

Item 5.07. Submission of Matters to a Vote of Security Holders. Olin's 2024 annual meeting of shareholders was held on April 25, 2024. The votes cast with respect to each item of business properly presented at the meeting are set forth below. Proposal 1 – Election of Directors The shareholders elected each of the nine nominees to the Board of Directors for a one-year term by the vote of the majority of votes cast, in accordance with Olin's Bylaws. Votes For Votes Against Abstentions Broker Non-Votes Beverley A. Babcock 98,392,099 895,082 287,100 11,274,404 C. Robert Bunch 96,700,524 2,606,267 267,490 11,274,404 Matthew S. Darnall 98,072,676 1,196,407 305,198 11,274,404 Kenneth T. Lane 98,563,256 707,512 303,513 11,274,404 Julie A. Piggott 98,200,062 1,055,058 319,161 11,274,404 Earl L. Shipp 98,102,799 1,195,201 276,281 11,274,404 William H. Weideman 98,085,445 1,213,773 275,063 11,274,404 W. Anthony Will 97,997,008 1,250,332 326,941 11,274,404 Carol A. Williams 98,035,718 1,234,869 303,694 11,274,404 Proposal 2 – Conduct an advisory vote to approve the compensation for named executive officers The shareholders gave an advisory approval of the compensation for named executive officers. Votes For Votes Against Abstentions Broker Non-Votes Proposal 2 95,844,184 3,372,155 357,942 11,274,404 Proposal 3 – Ratification of appointment of KPMG LLP as independent registered public accounting firm for 2024 The shareholders ratified the appointment of KPMG LLP as Olin's independent registered public accounting firm for 2024. Votes For Votes Against Abstentions Broker Non-Votes Proposal 3 108,845,465 1,847,457 155,763 0 Proposal 4 – Shareholder proposal on director election resignation bylaws The shareholders did not approve the shareholder proposal on director election resignation bylaws. Votes For Votes Against Abstentions Broker Non-Votes Proposal 4 25,622,525 73,422,898 528,858 11,274,404

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. On April 24, 2024, Olin's Board of Directors declared a quarterly dividend of $0.20 on each share of Olin common stock. The dividend is payable on June 14, 2024 to shareholders of record at the close of business on May 9, 2024. This marks Olin's 390th consecutive quarterly dividend.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibit No. Exhibit 99.1 Press Release announcing first quarter 2024 earnings, dated April 25,2025 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/ Inchan Hwang Name: Inchan Hwang Title: Vice President, Deputy General Counsel and Secretary Date: April 25, 2024

View Full Filing

View this 8-K filing on SEC EDGAR