Avery Dennison director exercises RSUs, gets new grant
Avery Dennison director Patrick Siewert reported routine equity compensation activity in company stock.
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Form Type
4
Rhea-AI Filing Summary
Avery Dennison director Patrick Siewert reported routine equity compensation activity in company stock. On May 1, 2026, he exercised 1,087 shares of Common Stock from a 2025 director RSU award and had 327 shares withheld in a tax-withholding disposition.
After these transactions, Siewert directly held 19,284 shares of Common Stock. He also received a new 2026 Director RSU Award for 1,128 RSUs, each representing a contingent right to one share of common stock that will cliff-vest on the first anniversary of the grant date.
Insider Trade Summary
1,087 shares exercised/converted
Exercise
4 txns
Insider
Siewert Patrick
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 2026 Director RSU Award | 1,128 | $0.00 | $0.00 |
| Exercise | 2025 Director RSU Award | 1,087 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,087 | $164.01 | $178K |
| Exercise Price or Tax Liability | Common Stock | 327 | $164.01 | $54K |
Holdings After Transaction:
2026 Director RSU Award — 1,128 contracts (Direct);
2025 Director RSU Award — 0 contracts (Direct);
Common Stock — 19,284 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
RSU shares exercised: 1,087 shares
Shares withheld for taxes: 327 shares
Share price used: $164.01 per share
+4 more
7 metrics
RSU shares exercised
1,087 shares
Common Stock from 2025 Director RSU Award on May 1, 2026
Shares withheld for taxes
327 shares
Tax-withholding disposition at $164.01 per share
Share price used
$164.01 per share
Applied to both RSU exercise and tax-withholding disposition
Shares held after transaction
19,611 shares
Direct Common Stock holdings following May 1, 2026 transactions
New 2026 RSU award
1,128 RSUs
Director RSU grant on May 1, 2026, $0 conversion price
Tax-withholding code
Code F
Payment of tax liability by delivering securities
Exercise code
Code M
Exercise or conversion of derivative security
Key Terms
Restricted stock units (RSUs), cliff-vest, tax-withholding disposition, Exercise or conversion of derivative security, +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."
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Avery Dennison (AVY) director Patrick Siewert report?
Patrick Siewert exercised 1,087 shares of Avery Dennison common stock from a 2025 director RSU award. In connection with this, 327 shares were used in a tax-withholding disposition, and he received a new 2026 director RSU grant for 1,128 units.
What is the nature of the tax-withholding disposition in Avery Dennison (AVY) stock?
The Form 4 shows a tax-withholding disposition of 327 Avery Dennison shares at $164.01 per share. This transaction paid tax obligations related to the RSU exercise, rather than an open-market sale, and is a common mechanism for covering equity award tax liabilities.
What are the key details of Patrick Siewert’s 2026 RSU award at Avery Dennison (AVY)?
Siewert received a 2026 Director RSU Award covering 1,128 restricted stock units with a conversion price of $0. Each RSU represents a contingent right to one share of common stock and will cliff-vest on the first anniversary of the May 1, 2026 grant date.
How do RSUs work in Avery Dennison’s (AVY) director compensation?
The filing describes director restricted stock units that cliff-vest one year after grant. Each RSU represents a contingent right to receive one share of Avery Dennison common stock, aligning director compensation with shareholder interests through time-based equity vesting instead of immediate cash payments.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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