Andres Alberto Lopez - 01 May 2025 Form 4 Insider Report for Avery Dennison Corp (AVY)

Role: Director
Signature: /s/ Vikas Arora attorney-in-fact for Andres Alberto Lopez
Issuer symbol: AVY
Transactions as of: 01 May 2025
Net transactions value: +$143,598
Form type: 4
Filing time: 02 May 2025, 14:36:13 UTC
Previous filing: 03 May 2024
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Lopez Andres Alberto	Director	8080 NORTON PARKWAY, MENTOR	/s/ Vikas Arora attorney-in-fact for Andres Alberto Lopez	02 May 2025	0001568244

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVY	Common Stock	Options Exercise	$143,598	+844	+26%	$170.14	4,060	01 May 2025	Direct

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	2025 Director RSU Award	Award	$0	+1,087		$0.000000	1,087	01 May 2025	Common Stock	1,087	$0.000000	Direct	F1
transaction	AVY	2024 Director RSU Award	Options Exercise	$0	-844	-100%	$0.000000	0	01 May 2025	Common Stock	844	$0.000000	Direct
holding	AVY	Common Stock Units - DDECP						1,850	01 May 2025	Common Stock	1,850	$0.000000	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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.