Director Kerry Preete (NYSE: AVNT) gains 1,072 Avient shares via deferred plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Avient Corp director Kerry J. Preete reported an acquisition of 1,072 shares of Common Stock through the company’s Deferred Compensation Plan for Non-Employee Directors. The shares were credited at no stated price and reflect dividend reinvestment within the deferred plan.
After this award, indirect holdings in the deferred compensation plan total 50,201.339 shares, while direct ownership remains 6,688 shares. These are compensation-related allocations rather than open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Preete Kerry J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,072 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 50,201.339 shares (Indirect, Deferred Comp Plan);
Common Stock — 6,688 shares (Direct)
Footnotes (1)
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Key Figures
Shares awarded: 1,072 shares
Indirect holdings after award: 50,201.339 shares
Direct holdings: 6,688 shares
+1 more
4 metrics
Shares awarded
1,072 shares
Grant/award acquisition in Deferred Compensation Plan on March 31, 2026
Indirect holdings after award
50,201.339 shares
Common Stock held through Deferred Compensation Plan following transaction
Direct holdings
6,688 shares
Common Stock directly owned after reported transactions
Price per awarded share
$0.0000 per share
Compensation-related credit, not an open-market purchase price
Key Terms
Deferred Compensation Plan, dividend reinvestment, Non-Employee Directors, indirect ownership
4 terms
Deferred Compensation Plan financial
"Includes shares acquired pursuant to a dividend reinvestment feature of the Avient Corporation Deferred Compensation Plan for Non-Employee Directors."
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
dividend reinvestment financial
"Includes shares acquired pursuant to a dividend reinvestment feature of the Avient Corporation Deferred Compensation Plan for Non-Employee Directors."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Non-Employee Directors financial
"Avient Corporation Deferred Compensation Plan for Non-Employee Directors."
indirect ownership financial
"total_shares_following_transaction: 50201.3390, direct_or_indirect: I, nature_of_ownership: Deferred Comp Plan"
FAQ
What insider transaction did Avient (AVNT) director Kerry Preete report?
Kerry J. Preete reported receiving 1,072 Avient Common Stock shares as a compensation-related award. The shares were credited through a dividend reinvestment feature of Avient’s Deferred Compensation Plan for Non-Employee Directors, rather than bought or sold on the open market.
What does the dividend reinvestment feature mean in Avient’s deferred plan?
The dividend reinvestment feature automatically converts cash dividends into additional Avient shares within the Deferred Compensation Plan for Non-Employee Directors. In this filing, it resulted in an additional 1,072 Common Stock shares being credited to Kerry J. Preete’s indirect plan holdings.