Rizzo Aniello 4
Research Summary
AI-generated summary
Avient (AVNT) SVP Aniello Rizzo Receives RSU Award
What Happened
- Aniello Rizzo, Senior Vice President, Global Supply Chain at Avient Corp (AVNT), was granted 3,060 restricted stock units (RSUs) on February 20, 2026. The grant is reported as a derivative award (price $0.00), meaning no cash was paid by the insider for these units. This is a compensation award rather than a market purchase or sale.
Key Details
- Transaction date: February 20, 2026; Form 4 filed February 24, 2026 (timely filing).
- Award: 3,060 restricted stock units reported at $0.00 (grant/award, code A).
- Vesting: Units vest in substantially equal installments on Feb 20 of 2027, 2028 and 2029 (per footnote).
- Each RSU represents a contingent right to one share of Avient common stock (per footnote).
- Shares owned after the transaction: not specified in the filing.
Context
- This is a standard equity compensation grant to an executive — not a purchase or sale — and is typically intended for retention/incentive purposes. The RSUs will convert to common shares only if vesting conditions are met.