Form 4: Avery Dennison Executive Ignacio J. Walker Sells 5,000 Shares

Sentiment:

SEC Form 4


Ignacio J. Walker, SVP and Chief Legal Officer of Avery Dennison Corp, sold 5,000 shares of common stock on February 26, 2024.

Summary

  • On February 26, 2024, Ignacio J. Walker, the SVP and Chief Legal Officer of Avery Dennison Corp, sold 5,000 shares of the company's common stock.
  • The sale was executed at a price of $213.895 per share.
  • Following the transaction, Walker directly owns 6,102 shares of Avery Dennison Corp.

Sentiment

Score: 5

Explanation: This is a neutral event. An executive sold shares, which could be for a variety of personal financial reasons and doesn't necessarily reflect a negative outlook on the company.

Industry Context

Form 4 filings are a routine part of the US market and are required by the SEC to provide transparency into the transactions of company insiders.

Stakeholder Impact

  • The sale of shares by an executive could be perceived negatively by some shareholders, although it is a common occurrence.

Key Dates

DateDescription
02/26/2024Date of transaction: Ignacio J. Walker sold 5,000 shares of Avery Dennison Corp common stock.
02/28/2024Date of signature: Form 4 signed by Vikas Arora, attorney-in-fact for Ignacio J. Walker.

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