Ashish Khandpur K 4
4 · AVIENT CORP · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Avient CEO Ashish Khandpur Converts RSUs; Shares Withheld
What Happened Ashish Khandpur, Avient Corp’s (AVNT) Chairman, President & CEO, had restricted stock units (RSUs) vest and convert into 18,403 shares on February 19, 2026. To satisfy the tax withholding obligation on the vesting, 8,286 of those shares were withheld (disposed) at an implied price of $42.51 per share, totaling $352,238. The conversion is reported as an exercise/conversion of a derivative (RSU → common stock).
Key Details
- Transaction date: February 19, 2026; Form 4 filed February 23, 2026 (timely).
- Conversion: 18,403 RSUs converted into 18,403 shares (derivative exercise/conversion, code M).
- Tax withholding: 8,286 shares withheld to cover tax liability at $42.51 per share, value $352,238 (code F).
- Shares owned after transaction: Not specified in the provided filing.
- Relevant footnotes:
- F1–F2: Each RSU represents a right to one share; includes dividend equivalents.
- F3: 8,286 shares were withheld solely to satisfy tax withholding on the vesting.
- F4: The RSU grant vests in equal installments Feb 19 of 2026, 2027 and 2028.
Context This was a routine RSU vesting and tax-withholding transaction (conversion of RSUs to shares with a portion withheld to pay taxes), not an open-market sale or discretionary purchase. For retail investors, withholding to cover taxes is common and does not by itself signal a buy or sell decision by the insider.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1][F2]2026-02-19+18,403→ 62,670 total - Tax Payment
Common Stock
[F3]2026-02-19$42.51/sh−8,286$352,238→ 54,384 total - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-02-19−18,403→ 36,807 total→ Common Stock (18,403 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Avient common stock.
- [F2]Includes dividend equivalents earned with respect to the vested restricted stock units.
- [F3]Represents shares of Avient common stock that were withheld solely to satisfy the tax withholding obligation applicable to the vesting of restricted stock units on February 19, 2026.
- [F4]The restricted stock units vest in substantially equal installments on each of February 19, 2026, February 19, 2027 and February 19, 2028, unless earlier vested or terminated pursuant to the terms of the grant agreement.