secwatch.observer — SEC 8-K summary
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Issuer:     OLIN Corp (OLN)
CIK:        0000074303
Form:       8-K
Filed at:   2024-12-10T23:59:59+00:00
Accession:  0000074303-24-000201
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Olin amends retention for retiring CLO O'Brien; full $1M bonus to vest if transition support through July 2025
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- Dana O'Brien (SVP & CLO) plans to retire by Dec 31, 2025 and step down from role March 1, 2025.
- Side letter amends retention agreement: full $1M bonus vests normally if she works through July 31, 2025 and remains on-call through Dec 31, 2025.
- Vesting schedule unchanged: 20% Jan 1, 2025; 30% July 1, 2025; 40% Jan 1, 2026 (previously would have forfeited after retirement).
- No other terms of the original retention agreement were modified.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/74303/000007430324000201/0000074303-24-000201-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/74303/000007430324000201/oln-20241205.htm
  HTML page:      https://secwatch.observer/filing/0000074303-24-000201

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