Form 4: Avient Corp Executive Pederson Reports Stock Acquisition
SEC Filing
Christopher Pederson, SVP and President SEM of Avient Corp, reports acquiring shares of common stock through a supplemental plan.
Summary
- Christopher Pederson, an SVP and President SEM at Avient Corp, filed a Form 4 detailing changes in beneficial ownership.
- On March 28, 2025, Pederson acquired 827.327 shares of Avient common stock at a price of $36.91 per share through a supplemental plan.
- Following the transaction, Pederson directly owns 15,222 shares and indirectly owns 5,757.795 shares through a supplemental plan and 7,718.147 shares through a savings plan trust.
- The acquisition was made pursuant to a pre-arranged trading plan dated September 23, 2022, intended to satisfy Rule 10b5-1(c).
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a routine disclosure of stock acquisition by an executive under a pre-arranged plan.
Positives
- The stock acquisition demonstrates the executive's continued investment in the company.
- The transaction was executed under a pre-arranged trading plan, indicating a structured and compliant approach to stock transactions.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 2022-09-23 | Date of the pre-arranged trading plan. |
| 2025-03-28 | Date of the stock transaction. |
| 2025-04-01 | Date of the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Avient Corp, AVNT, Christopher Pederson, Stock Acquisition, Rule 10b5-1(c), Supplemental Plan, Savings Plan Trust
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