Form 4: Avery Dennison Director Converts Restricted Stock Units to Common Shares

Avery Dennison Director Ward H. Dickson converted 753 Restricted Stock Units into common stock on June 1, 2025, increasing his direct beneficial ownership.

Summary

• Ward H. Dickson, a Director of Avery Dennison Corp (AVY), acquired 753 shares of Common Stock.
• This transaction occurred on June 1, 2025, and involved the conversion of 753 New Director Restricted Stock Units (RSUs).
• The RSUs had a conversion price of $0, indicating they vested and converted into common shares.
• Following this transaction, Mr. Dickson directly beneficially owns 753 shares of Common Stock.

Sentiment

Score: 7

Explanation: The conversion of Restricted Stock Units into common stock by a director is a routine event that increases insider ownership, generally viewed as a positive alignment of interests, though it does not reflect new capital investment by the director.

Positives

• Director Ward H. Dickson increased his direct beneficial ownership of Avery Dennison common stock by 753 shares.
• The conversion of Restricted Stock Units (RSUs) into common stock aligns the director's interests more closely with those of shareholders.

Future Outlook

NA

Industry Context

This Form 4 filing details a routine insider transaction for Avery Dennison Corp, specifically the vesting and conversion of Restricted Stock Units (RSUs) into common stock for a director. Such transactions are common compensation practices across various industries, designed to align executive and director interests with shareholder value.

Stakeholder Impact

• Shareholders: Increased alignment with the director's interests due to direct stock ownership, as the director now holds common shares rather than derivative securities.

Key Dates

Recommendation

Keywords

Avery Dennison, AVY, Form 4, insider transaction, stock ownership, director, RSU, Restricted Stock Units, common stock