Avient Corporation reported stronger results for the first quarter of 2026, returning to solid profitability and modest sales growth. Sales rose 3% to $847.4 million, helped by a 5% favorable foreign exchange impact. GAAP earnings per share were $0.61, a sharp turnaround from a loss of ($0.22) a year earlier, including $0.06 of special items and $0.16 of intangible amortization.
Adjusted EPS increased 9% to $0.83, slightly above guidance of $0.81, and adjusted EBITDA reached $149.9 million with margins improving to 17.7%. Management expects second quarter adjusted EPS of $0.89, representing 11% year-over-year growth, and reaffirmed full-year 2026 guidance for adjusted EBITDA of $555–$585 million and adjusted EPS of $2.93–$3.17, while noting uncertainty in the second half of the year.
Avient Corp: Schedule 13G showing institutional ownership. Vanguard Capital Management reported beneficial ownership of 4,812,578 shares of Avient Corp common stock, representing 5.24% of the class as of 03/31/2026. The filing lists sole dispositive power over 4,812,578 shares and sole voting power for 696,565 shares. The Schedule 13G was signed on 04/29/2026.
Avient Corp reports that Vanguard Portfolio Management beneficially owns 5,539,975 shares of Common Stock (6.04%). The filing states Vanguard has sole dispositive power over 5,539,975 shares and sole voting power over 37,362 shares. The filing is a Schedule 13G disclosure.
Avient Corporation announced that Senior Vice President and Chief Financial Officer Jamie A. Beggs intends to resign effective June 1, 2026, stating that her decision was not due to any disagreement over operations, policies, or practices. She is leaving to pursue other professional opportunities.
The Board has appointed Giuseppe (Joe) Di Salvo, age 48, as Senior Vice President and Chief Financial Officer, also effective June 1, 2026. He will serve as Avient’s principal financial officer and principal accounting officer. Di Salvo has held multiple senior finance roles at Avient, including Corporate Controller, Vice President of Investor Relations, and responsibility for Treasury and Financial Planning and Analysis.
Di Salvo will receive compensation for his CFO role and will be protected by an Executive Severance Plan and a Management Continuity Agreement. Following certain terminations, including after a change in control, he may receive lump-sum severance equal to two years of base salary, two years of target annual incentive, up to two years of health and welfare benefits, one year of financial planning and tax preparation benefits, and up to one year of employer retirement-plan contributions. He will also sign standard confidentiality, non-competition, and non-solicitation covenants, as well as Avient’s Code of Conduct, Code of Ethics for senior financial officers, and standard indemnification agreement for directors and officers.
AVIENT CORP director William A. Wulfsohn reported an acquisition of 1,072 shares of common stock on March 31, 2026. These shares were acquired at $0.00 per share as a grant/award and are held indirectly through the Avient Corporation Deferred Compensation Plan for Non-Employee Directors.
Following this award, Wulfsohn’s indirect holdings in the plan total 64,043.332 shares of Avient common stock, including shares acquired via a dividend reinvestment feature of the deferred compensation plan. This is a compensation-related, non-market transaction rather than an open-market purchase.
Verduin Patricia reported acquisition or exercise transactions in this Form 4 filing.
Avient Corp director Patricia Verduin received a stock grant of 1,072 shares of common stock on March 31, 2026. The award was recorded at a price of $0.00 per share as equity compensation, increasing her direct holdings to 27,369 common shares.
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.
Avient Corp director Nicolas Ernest reported an acquisition of 1,072 shares of Avient common stock on March 31, 2026. The shares were received as a grant or award through the Avient Corporation Deferred Compensation Plan for Non-Employee Directors, including dividend reinvestment. Following this transaction, his indirect holdings through the deferred compensation plan total 25,662.568 shares of common stock.
Avient Corporation director Kim Ann Mink acquired 1,072 shares of Common Stock credited at no cost under the company’s Deferred Compensation Plan for Non-Employee Directors, including through its dividend reinvestment feature. After this award, she indirectly holds a total of 37,479.467 Avient shares in the plan.
Avient Corp director William R. Jellison reported an equity award in company stock. He received a grant of 1,072 shares of Avient common stock at no cash cost, increasing his directly held stake to 26,125 shares. He also reports 43,777.215 shares held indirectly through a Deferred Compensation Plan for Non-Employee Directors, which includes shares acquired via a dividend reinvestment feature.