Avient (NYSE: AVNT) CEO granted 63,480 restricted stock units vesting 2027-2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ashish Khandpur K reported acquisition or exercise transactions in this Form 4 filing.
Avient Corp reported that Chairman, President & CEO Ashish K. Khandpur received a grant of 63,480 restricted stock units. Each unit represents a contingent right to receive one share of Avient common stock, vesting in substantially equal installments on February 20 of 2027, 2028 and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ashish Khandpur K
Role
Chairman, President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 63,480 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 63,480 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Avient common stock. The restricted stock units vest in substantially equal installments on each of February 20, 2027, February 20, 2028 and February 20, 2029, unless earlier vested or terminated pursuant to the terms of the grant agreement.
FAQ
What insider transaction did Avient (AVNT) report on this Form 4?
Avient reported that its Chairman, President & CEO Ashish K. Khandpur received a grant of 63,480 restricted stock units. These units are a form of equity compensation that convert into common shares if vesting conditions are satisfied over time.
How many restricted stock units were granted to the Avient (AVNT) CEO?
Ashish K. Khandpur was granted 63,480 restricted stock units of Avient common stock. This entire amount was reported as directly owned following the transaction, reflecting a single equity award rather than multiple separate grants.
When do the newly granted Avient (AVNT) restricted stock units vest?
The restricted stock units vest in substantially equal installments on February 20, 2027, February 20, 2028, and February 20, 2029. Vesting requires continued satisfaction of the grant agreement’s terms, and units generally convert into common shares only as they vest.
What does each Avient (AVNT) restricted stock unit represent?
Each restricted stock unit represents a contingent right to receive one share of Avient common stock. The units do not become actual shares until they vest under the grant agreement, aligning executive compensation with long-term shareholder interests.
Is this Avient (AVNT) Form 4 transaction a purchase or a grant?
The Form 4 reports a grant or award acquisition, not an open-market share purchase. The 63,480 restricted stock units were awarded as equity compensation to the CEO, with no price paid per unit and vesting scheduled over three future dates.