Clark Philip G Jr 4

What Happened

• Philip G. Clark Jr., Senior Vice President & Chief Technology Officer of Avient Corp (AVNT), had 936 restricted stock units (RSUs) convert into 936 shares on February 19, 2026. To satisfy tax withholding related to the vesting, 329 shares were withheld/disposed at $42.51 per share for a withholding amount of $13,986. After withholding, Clark received a net 607 shares. This was a vesting/award event (not an open-market purchase).

Key Details

• Transaction date: February 19, 2026; Form 4 filed February 23, 2026 (timely filing).
• Vesting/conversion: 936 RSUs converted into 936 common shares (reported as derivative exercise/conversion).
• Tax withholding: 329 shares withheld/disposed at $42.51 each for $13,986 (code F — tax withholding).
• Net shares received: 936 issued − 329 withheld = 607 shares added to Clark’s holdings.
• Notable footnotes: F1–F4 indicate these were restricted stock units (each RSU = 1 share), dividend equivalents were included, the 329-share withholding solely satisfied the tax obligation, and the RSUs vest in equal installments on Feb 19 of 2026, 2027 and 2028.
• Shares owned after transaction: not specified in the provided excerpt of the filing.

Context

• This was a routine grant/vesting event (award conversion of RSUs). The withholding of shares to cover taxes is common and should not be interpreted as a discretionary open-market sale. The filing shows conversion of a derivative (RSU) into shares and the associated tax-withholding disposition.