Form 4: Avery Dennison Executive Ignacio J. Walker Sells Shares
SEC Form 4
Ignacio J. Walker, SVP and Chief Legal Officer of Avery Dennison Corp, sold 2,206 shares of common stock at $226.702 per share on June 7, 2024.
Summary
- On June 7, 2024, Ignacio J. Walker, SVP and Chief Legal Officer of Avery Dennison Corp, sold 2,206 shares of common stock.
- The sale price was $226.702 per share.
- Following the transaction, Walker directly owns 7,082 shares of Avery Dennison Corp.
- Walker also indirectly owns 566.6544 shares through a savings plan.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock sale by an executive, and doesn't inherently indicate positive or negative sentiment. It's a neutral event from a sentiment perspective.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings provide transparency into the transactions of those with privileged information.
Stakeholder Impact
- The stock sale by an executive may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 06/07/2024 | Date of stock sale transaction |
| 06/11/2024 | Date of signature for the Form 4 filing |
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