Form 4: Avient Corp Executive Rathbun Reports Stock Transactions

Joel R. Rathbun, SVP of Mergers & Acquisitions at Avient Corp, reports the vesting and subsequent tax withholding of restricted stock units.

Summary

• On February 14, 2025, Joel R. Rathbun, SVP of Mergers & Acquisitions at Avient Corp, reported transactions involving Avient common stock.
• Rathbun vested 4,550 restricted stock units, each representing a contingent right to receive one share of Avient common stock.
• 2,178 shares of Avient common stock were withheld to satisfy tax obligations related to the vesting of the restricted stock units at a price of $42.99.
• Following these transactions, Rathbun directly owns 2,731 shares of Avient common stock and indirectly owns 28,765.197 shares through a supplemental plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, and it doesn't inherently convey positive or negative sentiment. It's a neutral disclosure of facts.

Industry Context

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

Comparison to Industry Standards

• Form 4 filings are standard practice for executives at publicly traded companies like Avient, similar to filings made by executives at companies like Dow, DuPont, and LyondellBasell.
• The reporting requirements are consistent across the industry, ensuring transparency in insider trading activities.

Stakeholder Impact

• Shareholders are informed about the stock transactions of a key executive, providing transparency into insider activity.
• The transactions have a minor impact on the overall shareholding structure.

Key Dates

Keywords

Avient Corp, Joel R. Rathbun, restricted stock units, Form 4, insider trading, stock transactions, AVNT, SVP Mergers & Acquisitions