Form 4: Avery Dennison SVP & CIO Nicholas Colisto Sells Shares

Sentiment:

SEC Form 4 Filing


Avery Dennison's SVP & CIO, Nicholas Colisto, sold 3,679 shares of common stock at a price of $205.995 per share on November 25, 2024.

Summary

  • Nicholas Colisto, SVP & CIO of Avery Dennison Corp, sold 3,679 shares of the company's common stock on November 25, 2024.
  • The sale price was $205.995 per share.
  • Following the transaction, Mr. Colisto directly owns 7,126 shares of Avery Dennison stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by an executive, with no inherent positive or negative sentiment.

Industry Context

This is a routine Form 4 filing, which is common for corporate executives who trade company stock. It provides transparency into insider transactions.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
  • The transaction is similar to other executive stock sales reported by companies in the same sector.

Stakeholder Impact

  • The stock sale may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's overall performance.

Key Dates

DateDescription
11/25/2024Date of the stock sale transaction.
11/27/2024Date the form was signed by attorney-in-fact.

Keywords

Avery Dennison, stock sale, insider trading, Nicholas Colisto, AVY, executive transaction

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