Form 4: Avery Dennison Director William Wagner Reports Stock Transactions

Director William Wagner reports the vesting and acquisition of restricted stock units (RSUs) in Avery Dennison Corp.

Summary

• On May 1, 2025, William Wagner, a director of Avery Dennison Corp, engaged in transactions involving the company's stock.
• Wagner acquired 844 shares of common stock through the vesting of a 2024 Director RSU Award.
• These shares were acquired at a price of $170.14 per share.
• Wagner also acquired 1,087 shares related to a 2025 Director RSU Award that vests on May 1, 2026.
• Following these transactions, Wagner directly owns 2,325 shares of Avery Dennison common stock and 1,087 derivative securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by a director is generally a good sign, but it's a routine transaction related to compensation.

Positives

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

Future Outlook

The document does not contain specific forward-looking statements, but the vesting of RSUs suggests continued alignment of director interests with shareholder value.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading. They provide insights into the actions of company insiders, such as directors, and their confidence in the company's stock.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders.
• The vesting of RSUs is a common form of executive compensation, aligning management's interests with those of shareholders, similar to practices at companies like 3M and Illinois Tool Works.

Stakeholder Impact

• The transactions have a minor positive impact on shareholders by aligning director interests with company performance.

Key Dates

Keywords

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