Form 4: Avery Dennison Director Receives RSU Grant

Director David E. Flitman was granted 1,128 restricted stock units as part of the 2026 director compensation plan.

Summary

• Director David E. Flitman received a grant of 1,128 restricted stock units (RSUs) on May 1, 2026.
• The RSUs represent a contingent right to receive one share of common stock per unit.
• The award is subject to a cliff-vesting schedule on the first anniversary of the grant date, May 1, 2027.
• The reporting person also holds 352.6958 deferred stock units from a legacy plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial health.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified.

Risks

• Market volatility affecting the future value of the equity grants.

Future Outlook

The RSUs are scheduled to vest on May 1, 2027, contingent upon continued service.

Industry Context

StockSavvy.ai notes that equity-based compensation for board members is a standard corporate governance practice designed to ensure directors maintain a vested interest in the company's long-term performance.

Comparison to Industry Standards

• The use of cliff-vesting for director RSUs is consistent with standard practices among S&P 500 companies.
• The grant size is typical for non-employee director compensation packages in the materials and packaging sector.

Corporate Governance

Stakeholder Impact

• Minimal impact on shareholders as the grant represents a standard component of director remuneration.

Next Steps

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

Key Dates

Keywords

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