Form 4: Avery Dennison Director Mitchell Butier RSU Transaction

Director Mitchell R. Butier acquired 1,763 shares of Avery Dennison common stock through the vesting of restricted stock units.

Summary

• Director Mitchell R. Butier exercised 1,763 restricted stock units (RSUs) on May 1, 2026.
• The transaction resulted in the acquisition of 1,763 shares of common stock held in a trust.
• The director was also granted 1,829 new RSUs as part of the 2026 Director RSU Award.
• The new RSUs are scheduled to cliff-vest on May 1, 2027.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing regarding standard director equity compensation.

Positives

• Director maintains significant equity alignment with the company through direct and indirect holdings.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

The director holds 1,829 RSUs that will vest on May 1, 2027, contingent upon continued service.

Industry Context

StockSavvy.ai notes that this is a routine disclosure of director compensation and equity vesting, which is standard practice for publicly traded companies to maintain transparency regarding insider ownership.

Comparison to Industry Standards

• The use of cliff-vesting RSUs for directors is a standard corporate governance practice among S&P 500 companies to align director interests with long-term shareholder value.

Stakeholder Impact

• Minimal impact on shareholders as this represents standard director compensation.

Next Steps

• Vesting of 1,829 RSUs on May 1, 2027.

Key Dates

Keywords

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