OLN - Insider Decision: VALERIE PETERS Exercises Options At Olin For $2.32M | Benzinga
A significant insider transaction involving the exercise of company stock options was reported on February 1, by VALERIE PETERS, VP at Olin (NYSE:OLN), as per the latest SEC filing.
What Happened: In an insider options sale disclosed in a Form 4 filing on Thursday with the U.S. Securities and Exchange Commission, PETERS, VP at Olin, exercised stock options for 71,800 shares of OLN. The transaction value amounted to $2,323,388.
As of Friday morning, Olin shares are down by 0.21%, with a current price of $52.5. This implies that PETERS's 71,800 shares have a value of $2,323,388.
All You Need to Know About Olin
Olin Corp manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into three segments based on the product type. The Chlor alkali products and Vinyls segment, which generates the majority of revenue, sells chlorine and caustic soda, which are used in a variety of industries including cosmetics, textiles, crop protection, and fire protection products. The Epoxy segment sells epoxy resins used in paints and coatings. The Winchester segment sells sporting ammunition and ammunition accessories under the Winchester brand. The majority of revenue comes from the United States.
Olin: A Financial Overview
Negative Revenue Trend: Examining Olin's financials over 3 ...