Form 4: Avery Dennison Director Equity Transaction

Director William R. Wagner acquired 1,087 shares of Avery Dennison common stock through RSU vesting and received a new grant of 1,128 RSUs.

Summary

• Director William R. Wagner exercised 1,087 restricted stock units (RSUs) on May 1, 2026, resulting in the acquisition of 1,087 shares of common stock.
• The transaction was part of the 2025 Director RSU Award program.
• Following the transaction, the director holds 3,412 shares of common stock directly.
• A new grant of 1,128 RSUs was awarded to the director on May 1, 2026, which is scheduled to cliff-vest on May 1, 2027.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine disclosure of director equity compensation that does not signal a change in company strategy or financial health.

Positives

• Director maintains a direct equity stake of 3,412 shares, aligning interests with shareholders.
• Continued participation in the company's equity-based compensation program.

Negatives

• None identified; this is a routine equity compensation disclosure.

Risks

• None identified; this is a standard regulatory disclosure regarding director compensation.

Future Outlook

The director holds 1,128 RSUs that are scheduled to vest on May 1, 2027, subject to continued service.

Industry Context

StockSavvy.ai notes that this filing represents standard corporate governance and director compensation practices within the materials and packaging industry, reflecting typical equity retention strategies for board members.

Comparison to Industry Standards

• The use of cliff-vesting RSUs for directors is consistent with standard compensation practices at large-cap industrial companies like Avery Dennison.
• The transaction volume is immaterial relative to the company's total outstanding shares.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard compensation event.

Next Steps

• Vesting of 1,128 RSUs on May 1, 2027.

Key Dates

Keywords

Avery Dennison, AVY, Form 4, Insider Trading, Director Compensation, Restricted Stock Units