Form 4: Avient Corp Executive Christopher Pederson Reports Stock Transactions

Avient Corp's SVP, President SEM, Christopher Pederson, reported acquiring shares through a supplemental plan and disposing of shares, according to a recent SEC filing.

Summary

• Christopher Pederson, SVP, President SEM of Avient Corp, reported a transaction involving the company's common stock.
• On December 30, 2024, Pederson acquired 324.57 shares of common stock at a price of $40.12 per share through a supplemental plan.
• Pederson also disposed of 11,829 shares of common stock.
• The transactions were made under a pre-arranged trading plan dated September 23, 2022, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
• Following the reported transactions, Pederson beneficially owns 4,897.497 shares through the supplemental plan and 6,566.746 shares through a savings plan trust.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing stock transactions by an executive, which is neither positive nor negative in itself.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and Avient's filing is consistent with these requirements.
• Similar filings are made by executives at companies like LyondellBasell, Dow, and Eastman Chemical, which are also in the materials and chemical industry.

Stakeholder Impact

• The stock transactions may have a minor impact on the share price, but are unlikely to significantly affect stakeholders.

Key Dates

Keywords

Avient Corp, stock transaction, SEC Form 4, insider trading, Christopher Pederson, Rule 10b5-1, supplemental plan, savings plan trust