STOCK TITAN

Avery Dennison (NYSE: AVY) insider shifts savings-plan stock

(High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

For Avery Dennison Corp, reporting person Mitchell R. Butier reported two indirect dispositions of Common Stock (Savings Plan) held in an Employee Savings Plan. On August 13, 2026, a discretionary transaction under Rule 16b-3(f) disposed of 2,184.5792 shares at $180.01 per share, and on August 14, 2026, a similar discretionary transaction disposed of 2,184.5792 shares at $178.93 per share. A footnote states these transactions reflect diversification out of a unitized company stock fund into alternative investments available under the Employee Savings Plan. Following these updates, indirect holdings in Common Stock (Trust) are reported at 188,297 shares, and direct holdings of Common Stock are reported at 11,613 shares.

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Insights

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Insider Butier Mitchell R
Role Director
Type Security Shares Price Value
Discretionary Common Stock (Savings Plan) F1 2,184.5792 $178.93 $391K
Discretionary Common Stock (Savings Plan) F1 2,184.5792 $180.01 $393K
holding Common Stock (Trust) -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock (Savings Plan) — 0 shares (Indirect, Savings Plan); Common Stock (Trust) — 188,297 shares (Indirect, Trust); Common Stock — 11,613 shares (Direct)
Footnotes (1)
  1. F1. Reporting Person's diversification out of unitized Company Stock Fund into alternative investments available under the Employee Savings Plan
Shares disposed (Savings Plan) on 2026-08-13 2,184.5792 shares Indirect Common Stock (Savings Plan) discretionary transaction under Rule 16b-3(f)
Price per share on 2026-08-13 $180.0100 per share Discretionary diversification transaction in Employee Savings Plan
Shares disposed (Savings Plan) on 2026-08-14 2,184.5792 shares Indirect Common Stock (Savings Plan) discretionary transaction under Rule 16b-3(f)
Price per share on 2026-08-14 $178.9300 per share Discretionary diversification transaction in Employee Savings Plan
Indirect holdings (Trust) 188,297.0000 shares Common Stock (Trust) reported as indirect ownership after transactions
Direct holdings 11,613.0000 shares Common Stock reported as directly owned after transactions
Discretionary transaction under Rule 16b-3(f) regulatory
"transaction_code_description: Discretionary transaction under Rule 16b-3(f)"
unitized Company Stock Fund financial
"diversification out of unitized Company Stock Fund into alternative investments"
Employee Savings Plan financial
"alternative investments available under the Employee Savings Plan"
indirect ownership financial
"ownership_type: indirect; nature_of_ownership: Savings Plan"

FAQ

What insider transactions did Mitchell R. Butier report for Avery Dennison (AVY)?

Mitchell R. Butier reported two indirect discretionary transactions disposing of 2,184.5792 AVY shares each on August 13 and 14, 2026 from the Employee Savings Plan at prices of $180.01 and $178.93 per share, respectively.

Were the recent AVY insider transactions by Mitchell R. Butier part of a diversification move?

Yes. A footnote explains the transactions reflect diversification out of a unitized Company Stock Fund into alternative investments within the Employee Savings Plan, indicating reallocations inside the plan rather than open-market trading activity.

How many Avery Dennison (AVY) shares does Mitchell R. Butier report holding after these transactions?

After these reported updates, Mitchell R. Butier reports indirect holdings of 188,297 AVY shares as Common Stock held in a Trust and direct holdings of 11,613 AVY Common Stock shares in his own name.

What is the nature of ownership for the AVY shares involved in the Employee Savings Plan transactions?

The disposed shares are reported as indirect ownership through a Savings Plan. The security is labeled "Common Stock (Savings Plan)", and the nature of ownership field specifies "Savings Plan" for these discretionary diversification transactions.

What does "Discretionary transaction under Rule 16b-3(f)" mean for the AVY insider trades?

The transactions are coded as discretionary transactions under Rule 16b-3(f), indicating plan-related discretionary movements, such as reallocations within a benefit plan, rather than standard open-market purchases or sales of Avery Dennison common stock.

Did Mitchell R. Butier execute any option exercises or derivative trades in this AVY filing?

No. The reported entries involve only non-derivative Common Stock related to a Savings Plan, plus updates to direct and trust holdings. The derivative summary indicates no derivative transactions or option exercises reported in this filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Butier Mitchell R

(Last)(First)(Middle)
8080 NORTON PARKWAY

(Street)
MENTOR OHIO 44060

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Avery Dennison Corp [ AVY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock (Savings Plan)08/13/2026I(1)2,184.5792D$180.012,184.5792ISavings Plan
Common Stock (Savings Plan)08/14/2026I(1)2,184.5792D$178.930ISavings Plan
Common Stock (Trust)188,297ITrust
Common Stock11,613D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reporting Person's diversification out of unitized Company Stock Fund into alternative investments available under the Employee Savings Plan
/s/ Vikas Arora attorney-in-fact for Mitchell R Butier08/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)