Form 4: Avient Corp Director Kerry J. Preete Reports Acquisition of Shares Through Dividend Reinvestment

Director Kerry J. Preete reports acquiring additional Avient Corp shares through a dividend reinvestment in the company's Deferred Compensation Plan.

Summary

• On March 29, 2024, Kerry J. Preete, a director of Avient Corp, acquired 808 shares of common stock through a dividend reinvestment.
• The shares were acquired indirectly through the Avient Corporation Deferred Compensation Plan for Non-Employee Directors.
• The price per share was $0.
• Following the transaction, Preete beneficially owns 39,420.192 shares of Avient Corp common stock indirectly through the Deferred Comp Plan.
• Additionally, a Power of Attorney was executed on January 24, 2024, substituting Lisa K. Kunkle with Jamie A. Beggs, Kristen A. Gajewski, Robert K. James, and Lorraine E. Gaulding to act on behalf of Kerry J. Preete for SEC filings related to Avient Corporation.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director increasing their stake in the company through a standard dividend reinvestment, indicating confidence.

Positives

• The acquisition of shares through dividend reinvestment demonstrates the director's continued investment in the company.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The increased ownership by a director could be viewed positively by shareholders.

Key Dates