Form 4: Avery Dennison Executive Deena Baker-Nel Reports Stock Sale

Deena Baker-Nel, SVP & Chief HR Officer of Avery Dennison Corp, reported selling 3,000 shares of common stock at $228.17 per share on May 23, 2024.

Summary

• Deena Baker-Nel, a Senior Vice President and Chief HR Officer at Avery Dennison Corp, filed a Form 4 with the SEC.
• The form reports a transaction that occurred on May 23, 2024.
• Baker-Nel sold 3,000 shares of Avery Dennison common stock at a price of $228.17 per share.
• Following the transaction, Baker-Nel directly owns 1,577 shares of common stock.
• Baker-Nel also indirectly owns 1,434.2006 shares of common stock through a savings plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. The sale could be for personal financial planning reasons and may not necessarily reflect a negative outlook on the company.

Stakeholder Impact

• The transaction may have a minor impact on shareholders as it reflects an executive's decision to sell a portion of their holdings.

Key Dates