Insider Trading February 25, 2026

Olin VP Carter Deon Sells 6,500 Shares as Analysts Trim Forecasts

Insider divestiture coincides with multiple analyst downgrades and lower price targets for Olin in early 2026

By Priya Menon OLN
Olin VP Carter Deon Sells 6,500 Shares as Analysts Trim Forecasts
OLN

Carter Deon, Vice President and President CAPV of Olin Corp, sold 6,500 shares of company stock on February 25, 2026, for roughly $154,225. The transaction, disclosed on a Form 4 filing with the SEC, comes amid a wave of analyst rating actions and price-target cuts driven by a weaker earnings outlook for 2026 across key Olin business lines.

Key Points

  • Carter Deon, VP & President CAPV at Olin, sold 6,500 shares on February 25, 2026, for about $154,225 at weighted average prices of $23.71 to $23.743.
  • After the sale, Deon directly owns 357 shares; the transaction is reported on a Form 4 filed with the SEC.
  • Multiple analysts and rating agencies cut ratings and price targets for Olin citing weaker earnings expectations for 2026, affecting chemical and ammunition-related segments.

Carter Deon, who serves as Vice President and President of the CAPV segment at Olin Corp (NYSE: OLN), reported the sale of 6,500 shares of common stock on February 25, 2026. The shares were disposed of for an aggregate amount of approximately $154,225, with the sales occurring at weighted average prices between $23.71 and $23.743, according to a Form 4 filing with the Securities and Exchange Commission.

Following that sale, Deon is recorded as directly holding 357 shares of Olin. The transaction and the post-sale ownership figure are both detailed in the regulatory filing.


Investor scrutiny of Olin has increased as several analysts have revised their views and price targets in response to what they describe as a softer-than-expected earnings outlook for the company in 2026. Credit and equity analysts cited prolonged earnings weakness and a difficult near-term outlook when adjusting their assessments.

Fitch Ratings lowered Olin’s Long-Term Issuer Default Rating to 'BB+' from 'BBB-', pointing to sustained earnings weakness and a challenging 2026 outlook. In the equity research community, BMO Capital moved its price target to $24 while keeping a Market Perform rating, attributing the change to weak demand and rising costs affecting the company’s Chlor Alkali Products and Vinyls segment and its Winchester ammunition business.

Goldman Sachs maintained a Neutral rating with a $22 price target and indicated that Olin’s first-quarter 2026 EBITDA is expected to fall materially below earlier estimates. Truist Securities reduced its target to $20, calling attention to ongoing pressure on the company's core earnings, particularly within the CAPV segment. KeyBanc Capital Markets adjusted its price target to $26 and described Olin’s start to 2026 as "disappointingly low" from an earnings perspective.

Collectively, these rating actions and price-target adjustments reflect a common view among analysts of a challenging financial environment for Olin in the near term. The combination of analyst downgrades and insider selling may draw attention from investors monitoring both corporate leadership activity and external forecasts.


Source: Form 4 filing with the Securities and Exchange Commission.

Risks

  • Prolonged earnings weakness for Olin could continue to pressure the company’s valuation and investor sentiment - this impacts the chemicals and industrials sectors.
  • Demand shortfalls and rising costs in the Chlor Alkali Products and Vinyls segment and the Winchester ammunition business may further compress margins and earnings - relevant to manufacturing and defense-adjacent markets.
  • Credit rating downgrade to 'BB+' from 'BBB-' signals heightened credit risk and could affect Olin’s access to capital or borrowing costs in the near term - a concern for corporate finance and capital markets participants.

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