Form 4: Avery Dennison Executive Ryan D. Yost Reports Sale of Common Stock

Ryan D. Yost, President of Materials Group at Avery Dennison Corp, reported selling 584 shares of common stock at a price of $221.315 on May 29, 2024.

Summary

• Ryan D. Yost, President of Materials Group at Avery Dennison Corp, filed a Form 4 with the SEC on May 30, 2024.
• The form reports a transaction that occurred on May 29, 2024, where Yost sold 584 shares of Avery Dennison common stock at a price of $221.315 per share.
• Following the transaction, Yost directly owns 2,259 shares of common stock.
• Yost also indirectly owns 3.5217 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, but rather provides factual information about the transaction.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The sale of shares by an executive may be perceived differently by stakeholders.
• Some may view it as a lack of confidence in the company's future, while others may see it as a normal part of personal financial management.

Key Dates