Lopez Andres Alberto, a director at Avery Dennison Corp, has reported the sale of 4,000 shares of the company's stock. This transaction, dated November 5, 2026, is significant as it reflects ongoing changes in ownership among executives in the manufacturing sector.

Avery Dennison Corp, identified under the Central Index Key (CIK) 0000008818, operates within the Converted Paper & Paperboard Products industry. The company is based in Mentor, Ohio, and its fiscal year ends on December 31.

According to the recent filing, Lopez sold the shares at a price of $193.802 each. Following this transaction, he now holds a total of 1,147 shares of Avery Dennison Corp. The filing states, "transaction coding: S" indicating a sale.

This update may affect other shareholders and potential investors who monitor insider trading activities. Such transactions can provide insights into the confidence level of executives regarding the company's future performance.

The filing does not say what happens next.

Additional Details from the SEC Filing

In addition to the sale of shares, the filing reveals that Lopez Andres Alberto holds 1,914.1082 Deferred Stock Units (DSUs) associated with the company's common stock. These DSUs were established with an exercise date of August 8, 1988, indicating a long-term incentive plan that aligns with the company's performance over time.

The filing specifies that Lopez's ownership of the common stock is classified as direct, which means he has direct control over the shares he owns. This is an important distinction for investors as it reflects the commitment and stake that Lopez has in Avery Dennison Corp.

"The transaction coding: S indicates a sale of shares, while the direct ownership nature signifies that Lopez has direct control over his holdings."

Furthermore, the filing does not provide any insights into Lopez's reasons for selling the shares, nor does it mention any plans for future transactions or changes in his investment strategy.