Avient (NYSE: AVNT) director receives 1,049-share award in deferred compensation plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Avient Corp director Kim Ann Mink reported a routine equity compensation transaction through a deferred compensation plan. On the reported date, an account associated with the Avient Corporation Deferred Compensation Plan for Non-Employee Directors acquired 1,049 shares of common stock, including shares credited via the plan’s dividend reinvestment feature.
The shares were acquired at no cash cost per share as a grant or award and are held as an indirect interest in the plan rather than as directly owned stock. After this transaction, the filing shows 38,817.061 common shares credited to this deferred compensation plan position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mink Kim Ann
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,049 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 38,817.061 shares (Indirect, Deferred Comp Plan)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 1,049 shares
Price per share: $0.0000 per share
Shares after transaction: 38,817.061 shares
+2 more
5 metrics
Shares acquired
1,049 shares
Grant/award acquisition of common stock in deferred compensation plan
Price per share
$0.0000 per share
Stated transaction price for granted common shares
Shares after transaction
38,817.061 shares
Indirect holdings in Avient Deferred Compensation Plan following grant
Transaction code
A
Form 4 code for grant, award, or other acquisition
Transaction direction
acquire
Normalized direction for this Form 4 transaction
Key Terms
Deferred Compensation Plan, dividend reinvestment, grant, award, or other acquisition, indirect ownership
4 terms
Deferred Compensation Plan financial
"nature_of_ownership: Deferred Comp Plan"
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"
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.
grant, award, or other acquisition regulatory
"transaction_code_description: Grant, award, or other acquisition"
indirect ownership regulatory
"ownership_type: indirect; ownership_code: I"
FAQ
What insider transaction did AVIENT CORP (AVNT) report for Kim Ann Mink?
AVIENT CORP reported that director Kim Ann Mink acquired 1,049 shares of common stock through a grant in a deferred compensation plan. The filing classifies this as a grant or award acquisition, not an open-market purchase or sale, and reflects routine non-employee director compensation.
Was the AVIENT CORP director’s recent Form 4 a stock purchase or compensation grant?
The Form 4 shows a compensation grant, not a market purchase. Director Kim Ann Mink received 1,049 common shares at a stated price of $0.0000 per share, credited within a deferred compensation plan for non-employee directors, indicating shares were awarded as part of director compensation.
What is the role of dividend reinvestment in AVIENT CORP’s deferred compensation plan?
The filing notes that the reported holdings include shares acquired via a dividend reinvestment feature in the Avient Corporation Deferred Compensation Plan for Non-Employee Directors. Dividends credited to the plan are automatically used to acquire additional common shares within the deferred plan account.
Does the AVIENT CORP Form 4 show any stock sales by Kim Ann Mink?
The Form 4 does not report any sales. It shows only one transaction coded as an acquisition, reflecting a grant or award of 1,049 common shares into the deferred compensation plan. No disposal, sale, gift, or tax-withholding transactions are listed in the transaction summary.