Avient (NYSE: AVNT) CEO details RSU vesting, 16,475 shares withheld for taxes
Rhea-AI Filing Summary
Avient Corporation’s Chairman, President & CEO and director reported equity award activity. On December 1, 2025, 35,250 restricted stock units were converted into the same number of shares of Avient common stock. On December 2, 2025, 16,475 shares were withheld at $30.61 per share to cover tax obligations tied to the vesting.
After these transactions, the insider directly owned 43,683 shares of Avient common stock and held 70,500 restricted stock units. Each restricted stock unit represents a right to receive one share of common stock, and the units vest in four equal installments on each anniversary of the December 1, 2023 grant date, subject to the grant terms.
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FAQ
What insider transaction did Avient (AVNT) report in this Form 4?
The filing shows the Chairman, President & CEO and director converted 35,250 restricted stock units into the same number of Avient common shares on December 1, 2025.
How many Avient (AVNT) shares were withheld to cover taxes?
On December 2, 2025, 16,475 shares of Avient common stock were withheld at $30.61 per share to satisfy tax withholding obligations on the vested restricted stock units.
How many Avient (AVNT) shares does the insider own after these transactions?
Following the reported transactions, the insider directly owned 43,683 shares of Avient common stock.
How many restricted stock units does the Avient (AVNT) insider still hold?
After the vesting and share conversion, the insider held 70,500 restricted stock units, each representing a contingent right to receive one share of Avient common stock.
How do the Avient (AVNT) restricted stock units vest?
The restricted stock units vest ratably on each of the first four anniversaries of the December 1, 2023 grant date, unless they vest or terminate earlier under the grant agreement.
What do dividend equivalents mean in this Avient (AVNT) Form 4?
The amount reported as beneficially owned includes dividend equivalents that were earned on the vested restricted stock units and credited in additional units.