# EDGAR Filing Document

**Accession Number:** 0002012362
**File Stem:** 0000008818-26-000046
**Filing Date:** 2026-3
**Character Count:** 9137
**Document Hash:** 34a31f74fae8d2aa98ed23baa43ffc07
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000008818-26-000046.hdr.sgml**: 20260303

**ACCESSION NUMBER**: 0000008818-26-000046

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260301

**FILED AS OF DATE**: 20260303

**DATE AS OF CHANGE**: 20260303

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Yost Ryan D
- **CENTRAL INDEX KEY:** 0002012362

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-07685
- **FILM NUMBER:** 26715324

**MAIL ADDRESS:**
- **STREET 1:** 8080 NORTON PARKWAY
- **CITY:** MENTOR
- **STATE:** OH
- **ZIP:** 44060
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Avery Dennison Corp
- **CENTRAL INDEX KEY:** 0000008818
- **STANDARD INDUSTRIAL CLASSIFICATION:** CONVERTED PAPER & PAPERBOARD PRODS (NO CONTAINERS/BOXES) [2670]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 951492269
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 8080 NORTON PARKWAY
- **CITY:** MENTOR
- **STATE:** OH
- **ZIP:** 44060
- **BUSINESS PHONE:** 440-534-6000

**MAIL ADDRESS:**
- **STREET 1:** 8080 NORTON PARKWAY
- **CITY:** MENTOR
- **STATE:** OH
- **ZIP:** 44060

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AVERY DENNISON CORPORATION
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AVERY INTERNATIONAL CORP
- **DATE OF NAME CHANGE:** 19901030

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AVERY PRODUCTS CORP
- **DATE OF NAME CHANGE:** 19760518

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] 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**<sup>*</sup><br>Yost Ryan D<br><sub>(Last) (First) (Middle)</sub><br>8080 NORTON PARKWAY<br><sub>(Street)</sub><br>MENTOR, OH 44060<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2026-03-01 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_President, Materials Group_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Avery Dennison Corp [ AVY ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2026-03-01 |  | M |  | 167 | A | $194.78 | 5056 | D |  |
| Common Stock | 2026-03-01 |  | F |  | 55 | D | $194.78 | 5001 | D |  |
| Common Stock | 2026-03-01 |  | M |  | 222 | A | $194.78 | 5223 | D |  |
| Common Stock | 2026-03-01 |  | F |  | 73 | D | $194.78 | 5150 | D |  |
| Common Stock | 2026-03-01 |  | M |  | 434 | A | $194.78 | 5584 | D |  |
| Common Stock | 2026-03-01 |  | F |  | 119 | D | $194.78 | 5465 | D |  |
| Common Stock | 2026-03-01 |  | M |  | 714 | A | $194.78 | 6179 | D |  |
| Common Stock | 2026-03-01 |  | F |  | 196 | D | $194.78 | 5983 | D |  |
| Common Stock | 2026-03-01 |  | M |  | 250 | A | $194.78 | 6233 | D |  |
| Common Stock | 2026-03-01 |  | F |  | 69 | D | $194.78 | 6164 | D |  |
| Common Stock (Savings Plan) |  |  |  |  |  |  |  | 3.6486 | I | Savings Plan |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 2026 RSU Award | $0 | 2026-03-01 |  | A |  | 2342 |  | 2027-03-01<sup>(1)</sup> | 2030-03-01 | Common Stock | 2342 | $0 | 2342 | D |  |
| 2026 PU Award | $0 | 2026-03-01 |  | A |  | 3386 |  | 2029-03-01<sup>(2)</sup> | 2029-03-01 | Common Stock | 3386 | $0 | 3386 | D |  |
| 2022 MSU Award | $0 | 2026-03-01 |  | M |  |  | 167 | 2023-03-01<sup>(3)</sup> | 2026-03-01 | Common Stock | 167 | $0 | 0 | D |  |
| 2023 MSU Award | $0 | 2026-03-01 |  | M |  |  | 222 | 2024-03-01<sup>(4)</sup> | 2027-03-01 | Common Stock | 222 | $0 | 220 | D |  |
| 2024 MSU Award | $0 | 2026-03-01 |  | M |  |  | 434 | 2025-03-01<sup>(5)</sup> | 2028-03-01 | Common Stock | 434 | $0 | 910 | D |  |
| 2025 MSU Award | $0 | 2026-03-01 |  | M |  |  | 714 | 2026-03-01<sup>(6)</sup> | 2029-03-01 | Common Stock | 714 | $0 | 2234 | D |  |
| 2023 PU Award | $0 | 2026-03-01 |  | M |  |  | 250 | 2026-03-01<sup>(7)</sup> | 2026-03-01 | Common Stock | 250 | $0 | 0 | D |  |

---

### Footnotes:

(1) 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.

(2) 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.

(3) 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.

(4) 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.

(5) 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.

(6) 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.

(7) Shares reflect the vesting of PUs granted in March 2023 at 28% of target, based 75% on the cumulative economic value added of RBIS (now Solutions Group) of 0% of target and 25% on our relative total stockholder return of 112% of target.

**Signature:** /s/ Vikas Arora, attorney-in-fact for Ryan D Yost  
**Date:** 2026-03-03

### Remarks:

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.**