Avient (NYSE: AVNT) CTO awarded 3,960 restricted stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clark Philip G Jr reported acquisition or exercise transactions in this Form 4 filing.
Avient Corp senior vice president and chief technology officer Philip G. Clark Jr. reported receiving a grant of 3,960 restricted stock units on February 20, 2026. Each unit represents a contingent right to receive one share of Avient common stock and carries a grant price of $0.00 per unit. The units are scheduled to vest in substantially equal installments on February 20, 2027, February 20, 2028, and February 20, 2029, subject to earlier vesting or termination under the grant agreement. After this award, Clark directly holds 3,960 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Clark Philip G Jr
Role
SVP, Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,960 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,960 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 for Philip G. Clark Jr.?
Philip G. Clark Jr., Avient’s SVP and chief technology officer, received a grant of 3,960 restricted stock units on February 20, 2026. These units are equity-based compensation that may convert into Avient common shares as they vest over several future dates.
How many restricted stock units did the Avient (AVNT) executive receive?
The Avient executive received 3,960 restricted stock units in this transaction. This entire amount is held directly and reflects a single equity award, rather than multiple grants, as disclosed in the Form 4 insider filing for February 20, 2026.
What does each Avient (AVNT) restricted stock unit in this grant represent?
Each restricted stock unit represents a contingent right to receive one share of Avient common stock. The units do not deliver shares immediately; instead, shares are issued only if and when the RSUs vest according to the schedule and terms in the grant agreement.
What is the vesting schedule for the 3,960 Avient (AVNT) restricted stock units?
The 3,960 restricted stock units vest in substantially equal installments on February 20, 2027, February 20, 2028, and February 20, 2029. Vesting can accelerate or terminate earlier if specific conditions in the underlying grant agreement are met or not met.
At what price were the Avient (AVNT) restricted stock units granted?
The restricted stock units were granted at a stated price of $0.00 per unit. This reflects that RSUs are a form of equity compensation, not a traditional open-market purchase, and no cash consideration per unit is paid by the reporting person at grant.
How many Avient (AVNT) restricted stock units does Philip G. Clark Jr. hold after this grant?
Following this transaction, Philip G. Clark Jr. directly holds 3,960 restricted stock units. This total reflects the newly granted award reported in the Form 4 and is shown as the number of derivative securities beneficially owned after the reported transaction.