Form 4: Avery Dennison Executive Chairman Mitchell Butier Sells Shares

Mitchell Butier, Executive Chairman of Avery Dennison Corp, sold shares of common stock on March 6, 2025, according to a Form 4 filing with the SEC.

Summary

• Mitchell R Butier, the Executive Chairman of Avery Dennison Corp, reported the sale of common stock on March 6, 2025.
• The sales were executed in multiple transactions at varying prices.
• A total of 5,651 shares were sold at a weighted average price of $181.2182.
• An additional 6,868 shares were sold at a weighted average price of $182.3054.
• Finally, 450 shares were sold at a weighted average price of $182.7773.
• Following these transactions, Butier directly owns 303,331 shares of Avery Dennison Corp common stock.
• Butier also indirectly owns 4,222.6896 shares through a savings plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting the sale of shares by an executive, which is neutral in sentiment. It doesn't inherently indicate positive or negative company performance.

Industry Context

Executive share sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects; however, they don't always indicate a negative outlook.

Stakeholder Impact

• Shareholders may react to the news of the executive share sale, although the impact is likely to be minimal given that such sales are common.
• The sale could be perceived negatively if investors believe it signals a lack of confidence in the company's future prospects.

Key Dates