Form 4: Avery Dennison Director Mitchell R Butier Reports Acquisition of Restricted Stock Units

Director Mitchell R Butier reports acquisition of 1,763 restricted stock units (RSUs) in Avery Dennison Corp.

Summary

• Mitchell R Butier, a director of Avery Dennison Corp, filed a Form 4 on May 02, 2025.
• The report details the acquisition of 1,763 restricted stock units (RSUs) on May 01, 2025.
• These RSUs cliff-vest on the first anniversary of the grant date, and each RSU represents a contingent right to receive one share of common stock.
• Butier directly owns 303,331 shares of common stock.
• Butier indirectly owns 4,244.6371 shares of common stock through a savings plan.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of RSUs by a director generally indicates confidence in the company's future, but it's a routine transaction.

Positives

• The acquisition of RSUs by a director could be seen as a positive signal, indicating confidence in the company's future performance.

Future Outlook

The document does not contain any specific forward-looking statements, but the vesting of RSUs in the future suggests an ongoing relationship between the director and the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's continued investment in the company's stock, which is common practice.

Stakeholder Impact

• The acquisition of RSUs by a director could have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

Form 4, Avery Dennison, Director, RSU, Stock Units, Beneficial Ownership