Form 4: Avient Corp Executive Joel R. Rathbun Reports Stock Transactions

SVP of Mergers & Acquisitions at Avient Corp, Joel R. Rathbun, reports acquisition and disposal of common stock and stock appreciation rights on August 7, 2024.

Summary

• On August 7, 2024, Joel R. Rathbun, SVP of Mergers & Acquisitions at Avient Corp, reported transactions involving Avient Corp's common stock and stock appreciation rights (SARs).
• Rathbun acquired 2,500 shares of common stock at $38.27 and 10,400 shares at $24.98 through the exercise of stock appreciation rights.
• He also disposed of 2,285 shares at $43.58 and 7,257 shares at $43.66.
• Additionally, Rathbun sold 11,698 shares at a weighted average price of $43.3594, with prices ranging from $43.21 to $43.54.
• Following these transactions, Rathbun directly owns 11,698 shares and indirectly owns 28,416.08 shares through a supplemental plan.
• He also holds no derivative securities directly.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about an insider's trading activity.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key personnel and their sentiment towards the company's stock.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders, ensuring compliance with SEC regulations.
• Similar filings can be observed across various companies like DuPont, BASF, and LyondellBasell, providing insights into executive compensation and stock ownership trends within the materials industry.

Stakeholder Impact

• The transactions may influence investor perception of Avient Corp's stock.
• The disclosure provides transparency to shareholders regarding insider trading activities.

Key Dates