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Avery Dennison Corp Director's Dealing 2026

Mar 3, 2026

30491_dirs_2026-03-03_103ce404-7216-4864-976c-ba24cfe5efbd.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Avery Dennison Corp (AVY)
CIK: 0000008818
Period of Report: 2026-03-01

Reporting Person: STANDER DEON (Director, President & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2026-03-01 Common Stock M 1824 $194.78 Acquired 66968 Direct
2026-03-01 Common Stock F 544 $194.78 Disposed 66424 Direct
2026-03-01 Common Stock M 1382 $194.78 Acquired 67806 Direct
2026-03-01 Common Stock F 412 $194.78 Disposed 67394 Direct
2026-03-01 Common Stock M 3033 $194.78 Acquired 70427 Direct
2026-03-01 Common Stock F 1146 $194.78 Disposed 69281 Direct
2026-03-01 Common Stock M 4854 $194.78 Acquired 74135 Direct
2026-03-01 Common Stock F 2370 $194.78 Disposed 71765 Direct
2026-03-01 Common Stock M 3100 $194.78 Acquired 74865 Direct
2026-03-01 Common Stock F 1514 $194.78 Disposed 73351 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2026-03-01 2026 RSU Award $0 A 16622 Acquired 2030-03-01 Common Stock (16622) Direct
2026-03-01 2026 PU Award $0 A 24033 Acquired 2029-03-01 Common Stock (24033) Direct
2026-03-01 2022 MSU Award $0 M 1824 Disposed 2026-03-01 Common Stock (1824) Direct
2026-03-01 2023 MSU Award $0 M 1382 Disposed 2027-03-01 Common Stock (1382) Direct
2026-03-01 2024 MSU Award $0 M 3033 Disposed 2028-03-01 Common Stock (3033) Direct
2026-03-01 2025 MSU Award $0 M 4854 Disposed 2029-03-01 Common Stock (4854) Direct
2026-03-01 2023 PU Award $0 M 3100 Disposed 2026-03-01 Common Stock (3100) Direct

Footnotes

F1: Restricted stock units (RSUs) vest 25% on each of the first, second, third and fourth anniversaries of the grant date. Each RSU represents a contingent right to receive one share of common stock.

F2: Performance units (PUs) vest, at the end of fiscal year 2028, provided certain performance objectives are met as determined by the Compensation Committee in February 2029. Each PU represents a contingent right to receive one share of common stock.

F3: Shares reflect the vesting of the fourth tranche of MSUs granted in February 2022 at 92% of target based on our absolute total stockholder return in excess of 10% during the 2022-2025 performance period, plus dividend equivalents accrued during the period.

F4: Shares reflect the vesting of the third tranche of MSUs granted in March 2023 at 96% of target based on our absolute total stockholder return during the 2023-2025 performance period, plus dividend equivalents accrued during the period.

F5: Shares reflect the vesting of the second tranche of MSUs granted in March 2024 at 92% of target based on our absolute total stockholder return during the 2024-2025 performance period, plus dividend equivalents accrued during the period.

F6: Shares reflect the vesting of the first tranche of MSUs granted in March 2025 at 94% of target based on our absolute total stockholder return during the 2025 performance period, plus dividend equivalents accrued during the period.

F7: Shares reflect the vesting of PUs granted in March 2023 at 56% of target, based 50% on our cumulative economic value added of 0% of target and 50% on our relative total stockholder return of 112% of target.