Avery Dennison (AVY) director adds stock via RSU vesting and receives 2026 RSU grant

Rhea-AI Filing Summary

Avery Dennison Corp director Bradley A. Alford reported equity compensation changes on May 1, 2026. A 2025 director restricted stock unit (RSU) award converted into 1,087 shares of common stock, increasing his direct common stock holdings to 28,093.249 shares after the transaction.

The filing also shows a new 2026 director RSU award of 1,128 units, which will cliff-vest on the first anniversary of the grant date, each RSU representing one share of common stock. In addition, Alford holds 25,328.7913 deferred stock units tied to Avery Dennison common stock.

Insider Trade Summary

1,087 shares exercised/converted

Mixed 4 txns

Insider Alford Bradley A

Role null

Type	Security	Shares	Price	Value
Grant/Award	2026 Director RSU Award	1,128	$0.00	--
Exercise	2025 Director RSU Award	1,087	$0.00	--
Exercise	Common Stock	1,087	$164.01	$178K
holding	Deferred Stock Units - DDECP	--	--	--

Holdings After Transaction: 2026 Director RSU Award — 1,128 shares (Direct, null); 2025 Director RSU Award — 0 shares (Direct, null); Common Stock — 28,093.249 shares (Direct, null); Deferred Stock Units - DDECP — 25,328.791 shares (Direct, null)

Footnotes (1)

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Key Figures

Common shares after transaction: 28,093.249 shares 2025 director RSU conversion: 1,087 shares 2026 director RSU award: 1,128 RSUs +2 more

5 metrics

Common shares after transaction 28,093.249 shares Direct Avery Dennison common stock holdings after May 1, 2026

2025 director RSU conversion 1,087 shares Common stock received from 2025 RSU award on May 1, 2026

2026 director RSU award 1,128 RSUs New RSU grant to director on May 1, 2026

Deferred stock units underlying shares 25,328.7913 shares Underlying Avery Dennison common stock for DDECP units

RSU vesting reference price $164.01 per share Price per share shown for 1,087 common shares on May 1, 2026

Key Terms

Restricted stock units (RSUs), Deferred Stock Units - DDECP, cliff-vest, derivative exercise/conversion, +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.

Deferred Stock Units - DDECP financial

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

cliff-vest financial

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

derivative exercise/conversion financial

"transaction_action": "derivative exercise/conversion""

grant/award acquisition financial

"transaction_action": "grant/award acquisition""

Form 4 Insider Transactions: What Each Field Means →

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^*

Alford Bradley A

(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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/01/2026		M		1,087	A	$164.01	28,093.249	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
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
2025 Director RSU Award	$0	05/01/2026		M			1,087	05/01/2026	05/01/2026	Common Stock	1,087	$0	0	D
Deferred Stock Units - DDECP	$0							08/08/1988	08/08/1988	Common Stock	25,328.7913		25,328.7913	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 Bradley A Alford	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)