Ashish Khandpur K, the former Chief Executive Officer and President of Avient Corporation, has sold 9,462 shares of the company, valued at approximately $456,602.36. This transaction, filed on November 4, 2026, reflects Khandpur's exit from the leadership role and may signal changes ahead for Avient.

Background

Avient Corporation, previously known as PolyOne Corp, operates in the plastics industry, specifically under the category of Plastics, Materials, Synthetic Resins & Nonvulcan Elastomers. The company is headquartered in Avon Lake, Ohio, and is publicly traded on the NYSE under the SEC file number 001-16091. Recent filings indicate that Khandpur has been involved in multiple transactions, including a Form 4 filing on April 30, 2026, and several other filings earlier in the year.

What the Filing Says

The SEC filing indicates that Khandpur acquired the shares through Stock Appreciation Rights as part of his compensation. The filing states, "no of units sold: 9462" and provides the aggregate market value of the transaction as $456,602.36. The sale was executed on the same day the filing was made.

Impact

This sale could have implications for Avient's stock and its perception in the market, particularly as it follows Khandpur's departure from the CEO position. The transaction may also affect investor confidence as the company navigates its leadership transition. The filing does not detail any specific plans for future leadership or strategic direction.

What's Next

The filing does not say what happens next for Avient or its leadership following Khandpur's departure.