Form 4: Avery Dennison SVP & CIO Nicholas Colisto Sells Shares
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
| Date | Description |
|---|---|
| 11/25/2024 | Date of the stock sale transaction. |
| 11/27/2024 | Date the form was signed by attorney-in-fact. |
Keywords
Avery Dennison, stock sale, insider trading, Nicholas Colisto, AVY, executive transaction
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