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Avery Dennison Corp — Director's Dealing 2026
Mar 3, 2026
30491_dirs_2026-03-03_34dde4cb-561e-4ec5-b089-917927bb9209.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: Santiago Divina Fe (VP Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2026-03-01 | Common Stock | M | 74 | $194.78 | Acquired | 561 | Direct |
| 2026-03-01 | Common Stock | F | 31 | $194.78 | Disposed | 530 | Direct |
| 2026-03-01 | Common Stock | M | 58 | $194.78 | Acquired | 588 | Direct |
| 2026-03-01 | Common Stock | F | 24 | $194.78 | Disposed | 564 | Direct |
| 2026-03-01 | Common Stock | M | 89 | $194.78 | Acquired | 653 | Direct |
| 2026-03-01 | Common Stock | F | 37 | $194.78 | Disposed | 616 | Direct |
| 2026-03-01 | Common Stock | M | 130 | $194.78 | Acquired | 746 | Direct |
| 2026-03-01 | Common Stock | F | 54 | $194.78 | Disposed | 692 | Direct |
| 2026-03-01 | Common Stock | M | 130 | $194.78 | Acquired | 822 | Direct |
| 2026-03-01 | Common Stock | F | 54 | $194.78 | Disposed | 768 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2026-03-01 | 2026 RSU Award | $0 | A | 523 | Acquired | 2030-03-01 | Common Stock (523) | Direct |
| 2026-03-01 | 2026 PU Award | $0 | A | 756 | Acquired | 2029-03-01 | Common Stock (756) | Direct |
| 2026-03-01 | 2022 MSU Award | $0 | M | 74 | Disposed | 2026-03-01 | Common Stock (74) | Direct |
| 2026-03-01 | 2023 MSU Award | $0 | M | 58 | Disposed | 2027-03-01 | Common Stock (58) | Direct |
| 2026-03-01 | 2024 MSU Award | $0 | M | 89 | Disposed | 2028-03-01 | Common Stock (89) | Direct |
| 2026-03-01 | 2025 MSU Award | $0 | M | 130 | Disposed | 2029-03-01 | Common Stock (130) | Direct |
| 2026-03-01 | 2023 PU Award | $0 | M | 130 | Disposed | 2026-03-01 | Common Stock (130) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock (Savings Plan) | 377.1905 | Indirect |
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.