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AVIENT CORP·4

Jan 22, 2:20 PM ET

Moh Woon Keat 4

Research Summary

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Avient (AVNT) SVP Moh Woon Keat Exercises Options; Shares Withheld

What Happened

  • Moh Woon Keat, Senior Vice President and President, CAI at Avient (AVNT), exercised/converted derivative awards on January 20, 2026. The filing reports 1,870 shares acquired at an exercise price of $24.98 per share (total = $46,713).
  • To cover tax obligations, 1,618 shares were withheld/disposed at a reported market value of $35.62 per share (total value withheld ≈ $57,633). The filing also shows the derivative awards (1,870 units) were converted/cancelled as part of the exercise (reported at $0 for the derivative disposal line).
  • Net effect: 1,870 shares were issued on exercise and 1,618 were surrendered/withheld for taxes, leaving a net issuance of 252 shares to the insider.

Key Details

  • Transaction dates: January 20, 2026; Form 4 filed January 22, 2026 (filed within typical 2-business-day window).
  • Prices and amounts: Exercise—1,870 shares @ $24.98 ($46,713); Tax withholding—1,618 shares @ $35.62 (≈ $57,633); derivative conversion line shows 1,870 units disposed @ $0.
  • Shares owned after transaction: Not specified in the information provided in your prompt.
  • Notable footnotes:
    • F1: Withheld amount includes dividend equivalents earned on vested restricted stock units.
    • F2: A prior filing over-reported 20 shares; this filing reflects that reduction.
    • F3: Some awards are SARs (stock appreciation rights) that vest only if both price and time hurdles are met (three tranches at 10%, 15%, 20% appreciation from grant price of $24.98, with one-third max vesting per year).
  • Transaction codes: M = exercise/conversion of derivative; F = payment of exercise price or tax withholding.

Context

  • This was an exercise/conversion of derivative awards with shares withheld to satisfy tax liabilities (a common, routine post-exercise action). The filing shows shares were not sold on the open market; instead, a withholding/surrender occurred to cover taxes (not a market sale).
  • The presence of SAR vesting conditions (F3) means some awards only become exercisable if price/time conditions are met; footnotes clarify earned dividend equivalents and a prior reporting correction.