OLIN Corp Files DEF 14A Proxy Statement

Ticker: OLN · Form: DEF 14A · Filed: Mar 15, 2024 · CIK: 74303

Olin CORP DEF 14A Filing Summary
FieldDetail
CompanyOlin CORP (OLN)
Form TypeDEF 14A
Filed DateMar 15, 2024
Risk Levellow
Pages16
Reading Time20 min
Key Dollar Amounts$1
Sentimentneutral

Sentiment: neutral

Topics: Proxy Statement, DEF 14A, OLIN Corp, Executive Compensation, Shareholder Meeting

TL;DR

<b>OLIN Corp has filed its DEF 14A proxy statement detailing corporate governance and executive compensation information.</b>

AI Summary

OLIN Corp (OLN) filed a Proxy Statement (DEF 14A) with the SEC on March 15, 2024. OLIN Corp filed a DEF 14A proxy statement on March 15, 2024. The filing covers the period ending April 25, 2024. The company's fiscal year ends on December 31. OLIN Corp is incorporated in Virginia. The company's business and mail address is 190 Carondelet Plaza, Suite 1530, Clayton, MO 63105.

Why It Matters

For investors and stakeholders tracking OLIN Corp, this filing contains several important signals. This filing is crucial for shareholders to understand executive compensation structures and make informed voting decisions on corporate matters. It provides transparency into the company's financial performance and strategic direction as outlined by its leadership.

Risk Assessment

Risk Level: low — OLIN Corp shows low risk based on this filing. The filing is a routine proxy statement and does not contain new financial performance data or significant strategic shifts, indicating a low level of immediate risk.

Analyst Insight

Shareholders should review the executive compensation details and any proposed resolutions to inform their voting decisions at the upcoming shareholder meeting.

Key Numbers

Key Players & Entities

FAQ

When did OLIN Corp file this DEF 14A?

OLIN Corp filed this Proxy Statement (DEF 14A) with the SEC on March 15, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by OLIN Corp (OLN).

Where can I read the original DEF 14A filing from OLIN Corp?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by OLIN Corp.

What are the key takeaways from OLIN Corp's DEF 14A?

OLIN Corp filed this DEF 14A on March 15, 2024. Key takeaways: OLIN Corp filed a DEF 14A proxy statement on March 15, 2024.. The filing covers the period ending April 25, 2024.. The company's fiscal year ends on December 31..

Is OLIN Corp a risky investment based on this filing?

Based on this DEF 14A, OLIN Corp presents a relatively low-risk profile. The filing is a routine proxy statement and does not contain new financial performance data or significant strategic shifts, indicating a low level of immediate risk.

What should investors do after reading OLIN Corp's DEF 14A?

Shareholders should review the executive compensation details and any proposed resolutions to inform their voting decisions at the upcoming shareholder meeting. The overall sentiment from this filing is neutral.

How does OLIN Corp compare to its industry peers?

OLIN Corporation operates in the chemicals and allied products industry.

Are there regulatory concerns for OLIN Corp?

The filing is a standard DEF 14A proxy statement required by the SEC for public companies.

Industry Context

OLIN Corporation operates in the chemicals and allied products industry.

Regulatory Implications

The filing is a standard DEF 14A proxy statement required by the SEC for public companies.

What Investors Should Do

  1. Review the detailed executive compensation tables.
  2. Understand the proposals to be voted on at the shareholder meeting.
  3. Note the filing date and reporting period for context.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a proxy statement, and does not directly compare financial performance to a prior filing period.

Filing Stats: 4,923 words · 20 min read · ~16 pages · Grade level 11.4 · Accepted 2024-03-15 09:09:10

Key Financial Figures

Filing Documents

—PROPOSAL FOR THE ELECTION OF DIRECTORS

ITEM 1—PROPOSAL FOR THE ELECTION OF DIRECTORS 8 Director Nominee Composition, Skills and Experience Matrix 9 Business Experience of Nominees 10 CORPORATE GOVERNANCE MATTERS 16 How Many Meetings Did Board Members Attend? 16 Which Board Members Are Independent? 16 Does Olin Have Corporate Governance Guidelines and a Code of Conduct? 17 Does Olin Prohibit Hedging and Pledging of I ts Stock by Insiders? 17 Do Olin's Board and Committees Conduct Evaluations? 17 What Are our Board Committees? 18 Compensation Committee Interlocks and Insider Participation 20 What Is Olin's Director Nomination Process? 20 What Is our Board Leadership Structure? 21 How Does our Board Oversee Olin's Risk Management Process? 21 REPORT OF OUR AUDIT COMMITTEE 22

SECURITY OWNERSHIP OF DIRECTORS AND OFFICERS

SECURITY OWNERSHIP OF DIRECTORS AND OFFICERS 23 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 24 CORPORATE RESPONSIBILITY 25 EXECUTIVE OFFICERS 26 COMPENSATION DISCUSSION AND ANALYSIS 28

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 43 DIRECTOR COMPENSATION 59 COMPENSATION COMMITTEE REPORT 60 PAY RATIO DISCLOSURE 61 PAY VERSUS PERFORMANCE 62

—PROPOSAL TO CONDUCT AN ADVISORY VOTE TO APPROVE THE COMPENSATION FOR NAMED EXECUTIVE OFFICERS

ITEM 2—PROPOSAL TO CONDUCT AN ADVISORY VOTE TO APPROVE THE COMPENSATION FOR NAMED EXECUTIVE OFFICERS 65 Vote Required for Approval 65

—PROPOSAL TO R ATIFY THE APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

ITEM 3—PROPOSAL TO R ATIFY THE APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 65 Vote Required for Ratification 66

— S HAREHOLDER PROPOSAL

ITEM 4 — S HAREHOLDER PROPOSAL 67 Vote Required for A pproval 68 i Proxy Statement Table of Contents OLIN CORPORATION PROXY STATEMENT ____________________ IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE 2024 ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON APRIL 25, 2024 Olin's Notice of 2024 Annual Meeting of Shareholders and Proxy Statement and 2023 Annual Report on Form 10-K are available at www.olin.com/proxy . GENERAL QUESTIONS Why did I receive a notice in the mail regarding the availability of proxy materials instead of printed copies of the proxy materials? In accordance with rules adopted by the U.S. Securities and Exchange Commission (SEC), we may furnish proxy materials to the shareholders by providing access to these documents online instead of mailing printed copies. Unless you are a participant in the Olin Corporation Contributing Employee Ownership Plan (CEOP), you will not receive printed copies of the materials unless you request them. Instead, we mailed you the notice regarding the availability of proxy materials (notice) (unless you have previously consented to electronic delivery or already requested to receive printed copies), which describes how you may access and review all of the proxy materials online. The notice regarding the availability of proxy materials provides instructions as to how shareholders can access the proxy materials online, contains a listing of matters to be considered at the meeting, and sets forth instructions as to how shares can be voted. Shares must be voted either in person, online, by telephone, or by completing and returning a proxy card. Shares cannot be voted by marking, writing on and/or returning the notice regarding the availability of proxy materials. Any notices regarding the availability of proxy materials that are returned will not be counted as votes. Instructions for requesting a paper copy of the proxy materials are included on the notice regarding the availability

—PROPOSAL FOR THE ELECTION OF DIRECTORS

ITEM 1—PROPOSAL FOR THE ELECTION OF DIRECTORS Who are the individuals nominated by our Board to serve as directors? Each director nominee will be elected annually for a one-year term ending at the next annual meeting (in this case, the 2025 annual meeting) and until his or her successor is elected and qualified or until his or her earlier death, resignation, disqualification or removal. Our Board has nominated Beverley A. Babcock, C. Robert Bunch, Matthew S. Darnall, Kenneth T. Lane, Julie A. Piggott, Earl L. Shipp, William H. Weideman, W. Anthony Will and Carol A. Williams to serve as directors for a one-year term expiring at our 2025 annual meeting. All nominees are presently Olin directors who were elected by Olin shareholders at the 2023 annual meeting, except for Mr. Kenneth T. Lane and Ms. Julie A. Piggott. both of whom are standing for election for the first time. Ms. Piggott joined the Board on

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