Avient (AVNT) director Kerry Preete adds 1,049 deferred comp shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Avient Corp director Kerry J. Preete reported a routine compensation-related share accrual. Preete received an acquisition of 1,049 shares of Avient common stock at a price of $0.00 per share through an indirect holding in the Avient Corporation Deferred Compensation Plan for Non-Employee Directors.
Following this grant, indirect holdings in the deferred compensation plan totaled 51,639.696 shares, while direct ownership remained at 6,688 shares. The filing notes that the indirect position includes shares acquired through a dividend reinvestment feature of the non-employee director deferred compensation plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Preete Kerry J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,049 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 51,639.696 shares (Indirect, Deferred Comp Plan);
Common Stock — 6,688 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Share grant: 1,049 shares
Grant price: $0.00 per share
Indirect holdings after grant: 51,639.696 shares
+2 more
5 metrics
Share grant
1,049 shares
Common stock credited at $0.00 per share to deferred compensation plan
Grant price
$0.00 per share
Price for 1,049-share award under deferred compensation plan
Indirect holdings after grant
51,639.696 shares
Common stock held via Avient Corporation Deferred Compensation Plan for Non-Employee Directors
Direct holdings
6,688 shares
Common stock held directly by Kerry J. Preete
Transactions classified as acquisitions
1 transaction
Non-derivative grant, award, or other acquisition (Code A)
Key Terms
Deferred Compensation Plan, dividend reinvestment, Non-Employee Directors, grant, award, or other acquisition
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."
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Avient (AVNT) director Kerry J. Preete report?
Avient director Kerry J. Preete reported receiving 1,049 shares of common stock as a compensation-related acquisition. The shares were credited at $0.00 per share into an indirect account under the Avient Corporation Deferred Compensation Plan for Non-Employee Directors.
Was the Avient (AVNT) Form 4 a market purchase or sale?
No market purchase or sale was reported in this Form 4. The primary reportable event is a grant or award acquisition of 1,049 Avient common shares at $0.00 per share credited to a deferred compensation plan account for a non-employee director.
What is the role of the Deferred Compensation Plan in this Avient (AVNT) Form 4?
The Deferred Compensation Plan for Non-Employee Directors is the vehicle for the indirect holdings. It received 1,049 newly credited shares and already included shares accumulated through a dividend reinvestment feature, bringing the total indirect balance to 51,639.696 Avient common shares.
Does the Avient (AVNT) Form 4 indicate any option exercises or derivative trades?
The Form 4 does not report any option exercises or derivative transactions. The filing shows one compensation-related acquisition of 1,049 common shares and one holding entry, with no derivative positions listed in the derivative transaction summary or derivative holdings section.