Form 4: Avient Corp Director Neil Green Reports Beneficial Ownership Changes
SEC Form 4 Filing
Director Neil Green reports changes in beneficial ownership of Avient Corp stock due to dividend reinvestments.
Summary
- On December 31, 2024, Neil Green, a director of Avient Corporation, reported changes in his beneficial ownership of the company's common stock.
- These changes are due to dividend reinvestments.
- Green acquired 478 shares of common stock directly and 477 shares indirectly through the Deferred Compensation Plan for Non-Employee Directors, both at a price of $0.
- Following these transactions, Green directly owns 5,963.023 shares and indirectly owns 6,061.942 shares through the Deferred Compensation Plan.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects a director increasing their stake in the company through dividend reinvestment, indicating confidence. However, it's a routine transaction.
Positives
- Director's participation in dividend reinvestment plan shows confidence in the company.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading and provide investors with insights into the actions of company insiders.
Stakeholder Impact
- The report provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of transaction (dividend reinvestment) |
| 01/03/2025 | Date of report filing |
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