Avery Dennison (AVY) director David Flitman granted 1,128 RSUs in 2026 award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Avery Dennison director David E. Flitman received a 2026 Director RSU Award of 1,128 restricted stock units. The grant is at a price of $0.0000 per unit and is classified as a grant or award acquisition. The RSUs cliff-vest on the first anniversary of the grant date, and each unit represents a contingent right to receive one share of common stock.

The filing also shows a position of 352.6958 deferred stock units under a deferred compensation plan, linked to the company’s common stock. These entries reflect equity-based compensation and holdings rather than any open-market share purchases or sales.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Flitman David E

Role null

Type	Security	Shares	Price	Value
Grant/Award	2026 Director RSU Award	1,128	$0.00	--
holding	Deferred Stock Units - DDECP	--	--	--

Holdings After Transaction: 2026 Director RSU Award — 1,128 shares (Direct, null); Deferred Stock Units - DDECP — 352.696 shares (Direct, null)

Footnotes (1)

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Key Figures

2026 Director RSU Award: 1,128 units RSU exercise price: $0.0000 per unit RSU vesting date: May 1, 2027 +3 more

6 metrics

2026 Director RSU Award 1,128 units Grant of restricted stock units on May 1, 2026

RSU exercise price $0.0000 per unit 2026 Director RSU Award terms

RSU vesting date May 1, 2027 Cliff-vest one year after grant

Deferred stock units 352.6958 units Deferred Stock Units - DDECP linked to common stock

Underlying common shares (RSUs) 1,128 shares Each RSU represents one share of common stock

Underlying common shares (deferred units) 352.6958 shares Deferred Stock Units - DDECP underlying common stock

Key Terms

Restricted stock units (RSUs), cliff-vest, Deferred Stock Units - DDECP, 2026 Director RSU Award, +1 more

5 terms

Restricted stock units (RSUs) financial

"Restricted stock units (RSUs) cliff-vest on the first anniversary of the grant date."

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

cliff-vest financial

"Restricted stock units (RSUs) cliff-vest on the first anniversary of the grant date."

Deferred Stock Units - DDECP financial

"security_title": "Deferred Stock Units - DDECP""

2026 Director RSU Award financial

"security_title": "2026 Director RSU Award""

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Form 4 Insider Transactions: What Each Field Means →

05/04/2026 - 05:49 PM

SEC Form 4

FORM 4

UNITED 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^*

Flitman David E

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
2026 Director RSU Award	$0	05/01/2026		A		1,128		05/01/2027⁽¹⁾	05/01/2027	Common Stock	1,128	$0	1,128	D
Deferred Stock Units - DDECP	$0							08/08/1998	08/08/1998	Common Stock	352.6958		352.6958	D

Explanation of Responses:

1. Restricted stock units (RSUs) cliff-vest on the first anniversary of the grant date. Each RSU represents a contingent right to receive one share of common stock.

	/s/ Vikas Arora, attorney-in-fact for David E. Flitman	05/04/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Avery Dennison (AVY) director David E. Flitman report in this Form 4?

David E. Flitman reported a grant of 1,128 restricted stock units as a 2026 Director RSU Award. The award is equity compensation, not an open-market stock purchase or sale, and vests after one year subject to the award’s terms.

How many RSUs did David E. Flitman receive from Avery Dennison (AVY)?

He received 1,128 restricted stock units as part of the 2026 Director RSU Award. These RSUs vest in full on the first anniversary of the grant date, with each unit converting into one share of Avery Dennison common stock at vesting.

When do David E. Flitman’s Avery Dennison (AVY) 2026 Director RSUs vest?

The RSUs are described as cliff-vesting on the first anniversary of the grant date. This means none of the 1,128 units vest gradually; instead, they all vest together one year after the grant, assuming applicable conditions are met.

Is David E. Flitman buying or selling Avery Dennison (AVY) shares in this filing?

No open-market buying or selling is reported. The Form 4 shows a grant of 1,128 restricted stock units as compensation and a holding of deferred stock units, rather than discretionary purchases or sales of Avery Dennison common stock in the market.

What are the deferred stock units shown for David E. Flitman at Avery Dennison (AVY)?

The filing lists 352.6958 deferred stock units under a deferred compensation plan, tied to Avery Dennison common stock. These represent a deferred equity-based holding, not a recent trade, and are reported as directly owned derivative securities linked to the stock.

Does this Avery Dennison (AVY) Form 4 indicate option exercises by David E. Flitman?

The Form 4 does not show option exercises. It reports a grant of 1,128 restricted stock units at a $0.0000 exercise price and an existing position of deferred stock units, both categorized as derivative securities rather than exercised stock options.