Form 4: Avery Dennison Director Martha N. Sullivan Reports Stock Transactions

Director Martha N. Sullivan reports the vesting and acquisition of restricted stock units (RSUs) in Avery Dennison Corp.

Summary

• On May 1, 2024, Martha N. Sullivan, a director of Avery Dennison Corp, engaged in transactions involving the company's stock.
• Sullivan acquired 971 shares of common stock upon the vesting of 2023 Director RSU Award at a price of $219.16.
• Sullivan also acquired 844 shares of common stock related to the 2024 Director RSU Award, which vests on May 1, 2025.
• Following these transactions, Sullivan directly owns 18,561 shares of Avery Dennison common stock.
• Sullivan also holds 844 derivative securities related to the 2024 Director RSU Award.
• Sullivan also holds 14,194.0198 Common Stock Units DDECP.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.

Future Outlook

The 2024 Director RSU Award will vest on May 1, 2025, resulting in the issuance of 844 shares of common stock.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common practice for publicly traded companies.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.

Key Dates