AVNT.NYSEAvient CORP

Form 4: Avient Corp Director Nicolas Ernest Reports Acquisition of Common Stock

Sentiment:

SEC Form 4


Director Nicolas Ernest acquired 806 shares of Avient Corp common stock through a dividend reinvestment in the Deferred Compensation Plan.

Summary

  • On June 28, 2024, Nicolas Ernest, a director of Avient Corp, acquired 806 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, Nicolas Ernest beneficially owns 17,159.64 shares through the Deferred Comp Plan.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a routine transaction (dividend reinvestment).

Positives

  • The director's increased stake in the company could be seen as a positive signal.

Industry Context

Directors acquiring shares through dividend reinvestment plans is a common practice.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholder confidence.

Key Dates

DateDescription
06/28/2024Date of transaction: Acquisition of common stock.
07/01/2024Date of signature for the report.

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