Form 4: Avient Corp Executive Moh Woon Keat Reports Stock Transactions
SEC Form 4 Filing
Avient Corp's SVP, President CAI Asia & Amer, Moh Woon Keat, reported the acquisition of 1,250 shares and the disposal of 1,121 shares of common stock on December 11, 2024.
Summary
- Moh Woon Keat, a Senior Vice President at Avient Corp, reported transactions involving the company's common stock on December 11, 2024.
- Mr. Moh acquired 1,250 shares of common stock at a price of $38.27 per share.
- He also disposed of 1,121 shares of common stock at a price of $49.27 per share.
- Following these transactions, Mr. Moh directly owns 10,919 shares of Avient Corp common stock.
- Additionally, Mr. Moh exercised stock appreciation rights (SARs) for 1,250 shares at an exercise price of $38.27.
- These SARs vest in thirds based on stock appreciation targets of 10%, 15%, and 20% above the grant price, and no more than one-third can vest per year during the first three years.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing detailing stock transactions by an executive. It doesn't indicate any positive or negative sentiment about the company's performance.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders reporting their transactions in company stock. It provides transparency into the trading activities of company executives.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
- The reported transactions are typical for executives who receive stock-based compensation and may exercise options or sell shares for personal financial management.
- The vesting conditions of the SARs are also common, designed to align executive compensation with company performance.
Stakeholder Impact
- The transactions may have a minor impact on shareholders as they provide insight into executive trading activity.
- The vesting conditions of the SARs align executive interests with shareholder value.
Key Dates
| Date | Description |
|---|---|
| 12/11/2024 | Date of stock acquisition and disposal transactions and SAR exercise. |
| 12/13/2024 | Date of filing the Form 4. |
| 02/04/2025 | Expiration date of the Stock Appreciation Rights. |
Keywords
Avient Corp, stock transactions, insider trading, Form 4, stock appreciation rights, executive compensation, equity securities
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