Avient (AVNT) CTO Philip G. Clark Jr Receives Award of 3,960 RSUs

What Happened

• Philip G. Clark Jr., SVP and Chief Technology Officer of Avient Corp (AVNT), was granted 3,960 restricted stock units (RSUs) on February 20, 2026. The Form 4 lists the acquisition as an award (Transaction Code A) at $0.00 (derivative grant), meaning these are contingent rights to shares rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-20 (reported on Form 4 filed 2026-02-24).
• Award: 3,960 RSUs; price reported $0.00 (derivative grant).
• Footnote: Each RSU represents a contingent right to receive one share of Avient common stock.
• Vesting: RSUs vest in substantially equal installments on Feb 20 of 2027, 2028 and 2029 (unless earlier vested/terminated per the grant agreement).
• Shares owned after transaction: Not disclosed in this filing.
• Filing timeliness: Form 4 filed on 2026-02-24; since Form 4s are generally due within two business days of the transaction, this filing appears to have been submitted one business day after the typical deadline.

Context

• This was a standard equity award (compensation grant) to an executive — not an open‑market purchase or sale — and does not by itself indicate managerial buying or selling sentiment. The RSUs will convert to shares as they vest per the schedule above.