Schneider David Nickolas 4
Research Summary
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Avient (AVNT) SVP/President SEM David Schneider Receives RSU Award
What Happened
David Schneider, Senior Vice President and President SEM of Avient Corp (AVNT), received a grant of 6,360 restricted stock units (RSUs) on February 20, 2026. The Form 4 reports the units at $0.00 per share (award/derivative grant), so no cash was exchanged at grant. These RSUs represent contingent rights to receive Avient common stock if and when they vest.
Key Details
- Transaction date: 2026-02-20; Transaction type: Award/Grant (code A) of 6,360 RSUs at $0.00 per unit.
- Shares owned after the transaction: not disclosed in the filing.
- Vesting / conversion: Each RSU equals one share if and when vested (footnote). RSUs vest in substantially equal installments on Feb 20 of 2027, 2028 and 2029 (footnote).
- Filing timeliness: Report filed 2026-02-24, which is within the required two business days following the Feb 20 transaction.
Context
This was a compensation-related grant (RSUs), not an open-market purchase or sale. RSU grants are typically used for retention and long-term incentive pay and do not represent immediate stock ownership until they vest and are settled.