Form 4: Avery Dennison Director Ward Dickson Equity Update

Director Ward Dickson exercised 1,087 restricted stock units and received a new grant of 1,128 RSUs.

Summary

• Director Ward H. Dickson exercised 1,087 restricted stock units (RSUs) on May 1, 2026, at a price of $164.01 per share.
• Following the exercise, the director was granted 1,128 new RSUs as part of the 2026 Director RSU Award.
• The new RSU grant is scheduled to cliff-vest on May 1, 2027.
• The director's total beneficial ownership of common stock following these transactions is 1,840 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine regulatory filing regarding director equity compensation with no impact on company operations.

Positives

• Director maintains a direct equity stake in the company, aligning interests with shareholders.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

The director holds 1,128 RSUs that are scheduled to vest on May 1, 2027, subject to continued service.

Industry Context

StockSavvy.ai notes that this is a routine disclosure of director equity compensation, which is standard practice for publicly traded companies to ensure transparency in board-level 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 ensure long-term alignment.
• The transaction volume is consistent with typical annual director equity grant cycles.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation event.

Next Steps

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

Key Dates

Keywords

Avery Dennison, AVY, Director, Insider Trading, Form 4, Equity Compensation