Ignacio J. Walker - 01 Mar 2026 Form 4 Insider Report for Avery Dennison Corp (AVY)

Reporting relationship: SVP and Chief Legal Officer
Issuer ticker: AVY
Reported as of: 01 Mar 2026
Net transaction value: +$338,722
SEC form: 4
Accepted by SEC: 03 Mar 2026, 16:42:02 UTC
Prior SEC filing: 09 Feb 2026
Source filing: View source filing
Reporting owner signature: /s/ Vikas Arora, attorney-in-fact for Ignacio J. Walker

Key filing fact

Ignacio J. Walker filed Form 4 for Avery Dennison Corp (AVY) on 03 Mar 2026.

Key facts

This page summarizes Ignacio J. Walker's Form 4 filing for Avery Dennison Corp (AVY).
18 reported transactions and 8 derivative rows are listed below.
Accepted by SEC: 03 Mar 2026, 16:42.

Change

Previous filing in this sequence was filed on 09 Feb 2026.
Current net transaction value: +$338,722.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001823327 Primary reporting owner

Walker Ignacio J

Relationship: SVP and Chief Legal Officer
Address: 8080 NORTON PARKWAY, MENTOR
Signature: /s/ Vikas Arora, attorney-in-fact for Ignacio J. Walker
Signature date: 03 Mar 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AVY transaction

Common Stock

Options Exercise

Transaction value: $86,288
Shares: +443
Change %: +5.8%
Price: $194.78
Shares after: 8,031
Date: 01 Mar 2026
Ownership: Direct

AVY transaction

Common Stock

Tax liability

Transaction value: $25,321
Shares: -130
Change %: -1.6%
Price: $194.78
Shares after: 7,901
Date: 01 Mar 2026
Ownership: Direct

AVY transaction

Common Stock

Options Exercise

Transaction value: $71,874
Shares: +369
Change %: +4.7%
Price: $194.78
Shares after: 8,270
Date: 01 Mar 2026
Ownership: Direct

AVY transaction

Common Stock

Tax liability

Transaction value: $17,530
Shares: -90
Change %: -1.1%
Price: $194.78
Shares after: 8,180
Date: 01 Mar 2026
Ownership: Direct

AVY transaction

Common Stock

Options Exercise

Transaction value: $52,591
Shares: +270
Change %: +3.3%
Price: $194.78
Shares after: 8,450
Date: 01 Mar 2026
Ownership: Direct

AVY transaction

Common Stock

Tax liability

Transaction value: $12,855
Shares: -66
Change %: -0.78%
Price: $194.78
Shares after: 8,384
Date: 01 Mar 2026
Ownership: Direct

AVY transaction

Common Stock

Options Exercise

Transaction value: $81,613
Shares: +419
Change %: +5%
Price: $194.78
Shares after: 8,803
Date: 01 Mar 2026
Ownership: Direct

AVY transaction

Common Stock

Tax liability

Transaction value: $20,062
Shares: -103
Change %: -1.2%
Price: $194.78
Shares after: 8,700
Date: 01 Mar 2026
Ownership: Direct

AVY transaction

Common Stock

Options Exercise

Transaction value: $161,473
Shares: +829
Change %: +9.5%
Price: $194.78
Shares after: 9,529
Date: 01 Mar 2026
Ownership: Direct

AVY transaction

Common Stock

Tax liability

Transaction value: $39,346
Shares: -202
Change %: -2.1%
Price: $194.78
Shares after: 9,327
Date: 01 Mar 2026
Ownership: Direct

AVY holding

Common Stock (Savings Plan)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 587
Date: 01 Mar 2026
Ownership: Savings Plan

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AVY transaction Derivative

2026 RSU Award

Award

Transaction value: $0
Shares: +1,857
Change %
Price: $0.000000
Shares after: 1,857
Date: 01 Mar 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,857
Exercise price: $0.000000
Footnotes: F1

AVY transaction Derivative

2026 PU Award

Award

Transaction value: $0
Shares: +2,684
Change %
Price: $0.000000
Shares after: 2,684
Date: 01 Mar 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,684
Exercise price: $0.000000
Footnotes: F2

AVY transaction Derivative

2026 Special RSU Award

Award

Transaction value: $0
Shares: +1,797
Change %
Price: $0.000000
Shares after: 1,797
Date: 01 Mar 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,797
Exercise price: $0.000000
Footnotes: F3

AVY transaction Derivative

2022 MSU Award

Options Exercise

Transaction value: $0
Shares: -443
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 01 Mar 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 443
Exercise price: $0.000000
Footnotes: F4

AVY transaction Derivative

2023 MSU Award

Options Exercise

Transaction value: $0
Shares: -369
Change %: -50%
Price: $0.000000
Shares after: 365
Date: 01 Mar 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 369
Exercise price: $0.000000
Footnotes: F5

AVY transaction Derivative

2024 MSU Award

Options Exercise

Transaction value: $0
Shares: -270
Change %: -32%
Price: $0.000000
Shares after: 568
Date: 01 Mar 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 270
Exercise price: $0.000000
Footnotes: F6

AVY transaction Derivative

2025 MSU Award

Options Exercise

Transaction value: $0
Shares: -419
Change %: -24%
Price: $0.000000
Shares after: 1,309
Date: 01 Mar 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 419
Exercise price: $0.000000
Footnotes: F7

AVY transaction Derivative

2023 PU Award

Options Exercise

Transaction value: $0
Shares: -829
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 01 Mar 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 829
Exercise price: $0.000000
Footnotes: F8

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote 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.

Footnote 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.

Footnote F3

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

Footnote F4

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.

Footnote F5

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.

Footnote F6

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.

Footnote F7

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.

Footnote F8

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.