Gregory Lovins - 01 Mar 2026 Form 4 Insider Report for Avery Dennison Corp (AVY)

Role
SVP and CFO
Signature
/s/ Vikas Arora attorney-in-fact for Gregory Lovins
Issuer symbol
AVY
Transactions as of
01 Mar 2026
Net transactions value
+$1,860,149
Form type
4
Filing time
03 Mar 2026, 16:32:48 UTC
Previous filing
04 Mar 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Lovins Gregory SVP and CFO 8080 NORTON PARKWAY, MENTOR /s/ Vikas Arora attorney-in-fact for Gregory Lovins 03 Mar 2026 0001701552

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVY Common Stock Options Exercise $279,704 +1,436 +2% $194.78 73,571 01 Mar 2026 Direct
transaction AVY Common Stock Tax liability $80,834 -415 -0.56% $194.78 73,156 01 Mar 2026 Direct
transaction AVY Common Stock Options Exercise $224,387 +1,152 +1.6% $194.78 74,308 01 Mar 2026 Direct
transaction AVY Common Stock Tax liability $63,693 -327 -0.44% $194.78 73,981 01 Mar 2026 Direct
transaction AVY Common Stock Options Exercise $167,706 +861 +1.2% $194.78 74,842 01 Mar 2026 Direct
transaction AVY Common Stock Tax liability $47,721 -245 -0.33% $194.78 74,597 01 Mar 2026 Direct
transaction AVY Common Stock Options Exercise $247,371 +1,270 +1.7% $194.78 75,867 01 Mar 2026 Direct
transaction AVY Common Stock Tax liability $70,316 -361 -0.48% $194.78 75,506 01 Mar 2026 Direct
transaction AVY Common Stock Options Exercise $503,312 +2,584 +3.4% $194.78 78,090 01 Mar 2026 Direct
transaction AVY Common Stock Tax liability $207,830 -1,067 -1.4% $194.78 77,023 01 Mar 2026 Direct
transaction AVY Common Stock Options Exercise $1,603,039 +8,230 +11% $194.78 85,253 01 Mar 2026 Direct
transaction AVY Common Stock Tax liability $694,975 -3,568 -4.2% $194.78 81,685 01 Mar 2026 Direct
holding AVY Common Stock (Savings Plan) 2,243 01 Mar 2026 Savings Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AVY 2026 RSU Award Award $0 +4,329 $0.000000 4,329 01 Mar 2026 Common Stock 4,329 $0.000000 Direct F1
transaction AVY 2026 PU Award Award $0 +6,259 $0.000000 6,259 01 Mar 2026 Common Stock 6,259 $0.000000 Direct F2
transaction AVY 2022 MSU Award Options Exercise $0 -1,436 -100% $0.000000 0 01 Mar 2026 Common Stock 1,436 $0.000000 Direct F3
transaction AVY 2023 MSU Award Options Exercise $0 -1,152 -50% $0.000000 1,136 01 Mar 2026 Common Stock 1,152 $0.000000 Direct F4
transaction AVY 2024 MSU Award Options Exercise $0 -861 -32% $0.000000 1,805 01 Mar 2026 Common Stock 861 $0.000000 Direct F5
transaction AVY 2025 MSU Award Options Exercise $0 -1,270 -24% $0.000000 3,971 01 Mar 2026 Common Stock 1,270 $0.000000 Direct F6
transaction AVY 2023 PU Award Options Exercise $0 -2,584 -100% $0.000000 0 01 Mar 2026 Common Stock 2,584 $0.000000 Direct F7
transaction AVY 2023 RSU Award Options Exercise $0 -8,230 -100% $0.000000 0 01 Mar 2026 Common Stock 8,230 $0.000000 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
F8 Shares reflect the vesting of RSUs granted on March 1, 2023 which cliff-vest on the third anniversary of the grant date.