secwatch.observer — SEC 8-K summary
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Issuer:     OLIN Corp (OLN)
CIK:        0000074303
Form:       8-K
Filed at:   2023-12-13T23:59:59+00:00
Accession:  0000074303-23-000191
Event type: other
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Olin adopts new short-term incentive plan for Section 16 officers effective 2024
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- Compensation Committee adopted Section 16 Officer Short-Term Incentive Plan on Dec 7, 2023, effective Jan 1, 2024.
- Plan offers performance-based cash awards tied to financial metrics (EPS, revenue) and non-financial goals (safety, sustainability).
- Awards paid in cash by March 15 post-year; Committee has discretion to reduce payouts but cannot increase them.
- Plan is subject to clawback policies; Committee may amend or terminate the plan at any time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/74303/000007430323000191/0000074303-23-000191-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/74303/000007430323000191/oln-20231207.htm
  HTML page:      https://secwatch.observer/filing/0000074303-23-000191

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer