Form 4: Avery Dennison Director Francesca Reverberi Reports Stock Transactions
SEC Form 4 Filing
Director Francesca Reverberi reports transactions involving Avery Dennison Corp stock, including the vesting and disposal of restricted stock units.
Summary
- On May 1, 2025, Francesca Reverberi, a director of Avery Dennison Corp, engaged in transactions involving the company's common stock.
- These transactions included the vesting of 844 restricted stock units (RSUs) from a 2024 Director RSU Award and the subsequent disposal of 254 shares to cover tax obligations.
- Reverberi also acquired 1,087 RSUs under the 2025 Director RSU Award, which cliff-vest on May 1, 2026.
- Following these transactions, Reverberi directly owns 1,377 shares of Avery Dennison common stock and 1,087 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- The acquisition of 1,087 RSUs under the 2025 Director RSU Award indicates continued alignment with the company's long-term performance.
Future Outlook
The 2025 Director RSU Award will vest on May 1, 2026, potentially increasing Reverberi's holdings of Avery Dennison common stock.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor management's alignment with shareholder interests.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding director stock ownership.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transactions: vesting of 2024 Director RSU Award, disposal of shares for tax obligations, and acquisition of 2025 Director RSU Award. |
| 05/01/2026 | Vesting date for the 2025 Director RSU Award. |
| 05/02/2025 | Date of signature for the Form 4 filing. |
Keywords
Avery Dennison, Director, Francesca Reverberi, Stock Transactions, RSU, Form 4, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.