Form 4: Avient Corp Director Kim Ann Mink Reports Acquisition of Shares Through Dividend Reinvestment
SEC Form 4 Filing
Director Kim Ann Mink reported the acquisition of 808 shares of Avient Corp common stock through a dividend reinvestment in the Deferred Compensation Plan.
Summary
- On March 29, 2024, Kim Ann Mink, a director of Avient Corp, acquired 808 shares of common stock.
- The acquisition was made through a dividend reinvestment feature of the Avient Corporation Deferred Compensation Plan for Non-Employee Directors.
- The price per share was $0.
- Following the transaction, Mink beneficially owns 27,413.122 shares through the Deferred Comp Plan.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The director's continued investment through dividend reinvestment suggests confidence in the company's future.
Positives
- The acquisition of shares through dividend reinvestment indicates a continued investment in the company by a director.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment as it reflects insider confidence.
Key Dates
| Date | Description |
|---|---|
| 2017/03/10 | Original filing date of the Power of Attorney with the SEC. |
| 2024/01/24 | Date of execution of the Instrument of Substitution of Attorney-in-Fact. |
| 2024/03/29 | Date of the transaction (acquisition of shares). |
| 2024/04/01 | Date of signature for the report. |
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