LOVINS GREGORY (SVP and CFO) exercised options at AVERY DENNISON CORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 6 exercises

LOVINS GREGORY

Filed: 3/3/2026ACC: 0000008818-26-000040

InsiderLOVINS GREGORYCIK 1701552

→

IssuerAVERY DENNISON CORPCIK 8818

Officer· SVP and CFO

Since Mar 2026

+4.61K

Net shares

Net buyer

$1.17M

Total sold

Open market trades

0B · 0S

Total transactions

26.12K acquired · 21.52K disposed

Non-Derivative Transactions12

Common Stock

Direct

M · Option Exercise

+1.44K

Price / share

$194.78

Trade value

$279.70K

% of position

2.0%

3/1/2026

72.14K→73.57K

Common Stock

Direct

F · Tax Withholding

−415.00

Price / share

$194.78

Trade value

$80.83K

% of position

0.6%

3/1/2026

73.57K→73.16K

Common Stock

Direct

M · Option Exercise

+1.15K

Price / share

$194.78

Trade value

$224.39K

% of position

1.6%

3/1/2026

73.16K→74.31K

Common Stock

Direct

F · Tax Withholding

−327.00

Price / share

$194.78

Trade value

$63.69K

% of position

0.4%

3/1/2026

74.31K→73.98K

Common Stock

Direct

M · Option Exercise

+861.00

Price / share

$194.78

Trade value

$167.71K

% of position

1.2%

3/1/2026

73.98K→74.84K

Common Stock

Direct

F · Tax Withholding

−245.00

Price / share

$194.78

Trade value

$47.72K

% of position

0.3%

3/1/2026

74.84K→74.60K

Common Stock

Direct

M · Option Exercise

+1.27K

Price / share

$194.78

Trade value

$247.37K

% of position

1.7%

3/1/2026

74.60K→75.87K

Common Stock

Direct

F · Tax Withholding

−361.00

Price / share

$194.78

Trade value

$70.32K

% of position

0.5%

3/1/2026

75.87K→75.51K

Common Stock

Direct

M · Option Exercise

+2.58K

Price / share

$194.78

Trade value

$503.31K

% of position

3.4%

3/1/2026

75.51K→78.09K

Common Stock

Direct

F · Tax Withholding

−1.07K

Price / share

$194.78

Trade value

$207.83K

% of position

1.4%

3/1/2026

78.09K→77.02K

Common Stock

Direct

M · Option Exercise

+8.23K

Price / share

$194.78

Trade value

$1.60M

% of position

10.7%

3/1/2026

77.02K→85.25K

Common Stock

Direct

F · Tax Withholding

−3.57K

Price / share

$194.78

Trade value

$694.98K

% of position

4.2%

3/1/2026

85.25K→81.69K

Total

Net shares

+9.55K

Net value

$1.86M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/1/2026	M · Option Exercise	+1.44K	$194.78	$279.70K	2.0%	72.14K	73.57K
Common Stock Direct	3/1/2026	F · Tax Withholding	−415.00	$194.78	$80.83K	0.6%	73.57K	73.16K
Common Stock Direct	3/1/2026	M · Option Exercise	+1.15K	$194.78	$224.39K	1.6%	73.16K	74.31K
Common Stock Direct	3/1/2026	F · Tax Withholding	−327.00	$194.78	$63.69K	0.4%	74.31K	73.98K
Common Stock Direct	3/1/2026	M · Option Exercise	+861.00	$194.78	$167.71K	1.2%	73.98K	74.84K
Common Stock Direct	3/1/2026	F · Tax Withholding	−245.00	$194.78	$47.72K	0.3%	74.84K	74.60K
Common Stock Direct	3/1/2026	M · Option Exercise	+1.27K	$194.78	$247.37K	1.7%	74.60K	75.87K
Common Stock Direct	3/1/2026	F · Tax Withholding	−361.00	$194.78	$70.32K	0.5%	75.87K	75.51K
Common Stock Direct	3/1/2026	M · Option Exercise	+2.58K	$194.78	$503.31K	3.4%	75.51K	78.09K
Common Stock Direct	3/1/2026	F · Tax Withholding	−1.07K	$194.78	$207.83K	1.4%	78.09K	77.02K
Common Stock Direct	3/1/2026	M · Option Exercise	+8.23K	$194.78	$1.60M	10.7%	77.02K	85.25K
Common Stock Direct	3/1/2026	F · Tax Withholding	−3.57K	$194.78	$694.98K	4.2%	85.25K	81.69K
Total			+9.55K		$1.86M

Derivative Transactions8

2026 RSU Award

Direct

A · Award

Converts to

Common Stock

4.33K shares

+4.33K

Strike price

Held after

4.33K

Exercisable

—

3/1/2026

2026 PU Award

Direct

A · Award

Converts to

Common Stock

6.26K shares

+6.26K

Strike price

Held after

6.26K

Exercisable

—

3/1/2026

2022 MSU Award

Direct

M · Option Exercise

Converts to

Common Stock

1.44K shares

−1.44K

Strike price

Held after

0.00

Exercisable

—

3/1/2026

2023 MSU Award

Direct

M · Option Exercise

Converts to

Common Stock

1.15K shares

−1.15K

Strike price

Held after

1.14K

Exercisable

—

3/1/2026

2024 MSU Award

Direct

M · Option Exercise

Converts to

Common Stock

861.00 shares

−861.00

Strike price

Held after

1.80K

Exercisable

—

3/1/2026

2025 MSU Award

Direct

M · Option Exercise

Converts to

Common Stock

1.27K shares

−1.27K

Strike price

Held after

3.97K

Exercisable

—

3/1/2026

2023 PU Award

Direct

M · Option Exercise

Converts to

Common Stock

2.58K shares

−2.58K

Strike price

Held after

0.00

Exercisable

—

3/1/2026

2023 RSU Award

Direct

M · Option Exercise

Converts to

Common Stock

8.23K shares

−8.23K

Strike price

Held after

0.00

Exercisable

—

3/1/2026

Security	Converts To	Date	Type	Shares	Exercisable	Held After
2026 RSU Award Direct	Common Stock4.33K shares	3/1/2026	A · Award	+4.33K	—	4.33K
2026 PU Award Direct	Common Stock6.26K shares	3/1/2026	A · Award	+6.26K	—	6.26K
2022 MSU Award Direct	Common Stock1.44K shares	3/1/2026	M · Option Exercise	−1.44K	—	0.00
2023 MSU Award Direct	Common Stock1.15K shares	3/1/2026	M · Option Exercise	−1.15K	—	1.14K
2024 MSU Award Direct	Common Stock861.00 shares	3/1/2026	M · Option Exercise	−861.00	—	1.80K
2025 MSU Award Direct	Common Stock1.27K shares	3/1/2026	M · Option Exercise	−1.27K	—	3.97K
2023 PU Award Direct	Common Stock2.58K shares	3/1/2026	M · Option Exercise	−2.58K	—	0.00
2023 RSU Award Direct	Common Stock8.23K shares	3/1/2026	M · Option Exercise	−8.23K	—	0.00

Non-Derivative Holdings (Post-Transaction)1

Common Stock (Savings Plan)

Indirect

Shares owned2.24K

Total

2.24K indirect2.24K

Security Title	Shares Owned	Ownership Type
Common Stock (Savings Plan)	2.24K	Indirect
Total	2.24K	2.24K indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported