Sec Form 4 Filing - Colisto Nicholas @ Avery Dennison Corp - 2026-03-01

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Colisto Nicholas 2. Issuer Name and Ticker or Trading Symbol Avery Dennison Corp [ AVY] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) SVP & CIO (Last) (First) (Middle) 8080 NORTON PARKWAY 3. Date of Earliest Transaction (MM/DD/YY) 03/01/2026 (Street) MENTOR, OH44060 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 03/01/2026 M 370 A $ 194.78 9,758 D Common Stock 03/01/2026 F 110 D $ 194.78 9,648 D Common Stock 03/01/2026 M 348 A $ 194.78 9,996 D Common Stock 03/01/2026 F 90 D $ 194.78 9,906 D Common Stock 03/01/2026 M 251 A $ 194.78 10,157 D Common Stock 03/01/2026 F 62 D $ 194.78 10,095 D Common Stock 03/01/2026 M 431 A $ 194.78 10,526 D Common Stock 03/01/2026 F 105 D $ 194.78 10,421 D Common Stock 03/01/2026 M 782 A $ 194.78 11,203 D Common Stock 03/01/2026 F 191 D $ 194.78 11,012 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares 2026 RSU Award $ 0 03/01/2026 A 1,462 03/01/2027( 1 ) 03/01/2030 Common Stock 1,462 $ 0 1,462 D 2026 PU Award $ 0 03/01/2026 A 2,114 03/01/2029( 2 ) 03/01/2029 Common Stock 2,114 $ 0 2,114 D 2022 MSU Award $ 0 03/01/2026 M 370 03/01/2023( 3 ) 03/01/2026 Common Stock 370 $ 0 0 D 2023 MSU Award $ 0 03/01/2026 M 348 03/01/2024( 4 ) 03/01/2027 Common Stock 348 $ 0 344 D 2024 MSU Award $ 0 03/01/2026 M 251 03/01/2025( 5 ) 03/01/2028 Common Stock 251 $ 0 528 D 2025 MSU Award $ 0 03/01/2026 M 431 03/01/2026( 6 ) 03/01/2029 Common Stock 431 $ 0 1,348 D 2023 PU Award $ 0 03/01/2026 M 782 03/01/2026( 7 ) 03/01/2026 Common Stock 782 $ 0 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Colisto Nicholas 8080 NORTON PARKWAY MENTOR, OH44060 SVP & CIO Signatures /s/ Vikas Arora attorney-in-fact for Nicholas Colisto 03/03/2026 Signature of Reporting Person Date

Explanation of Responses:

( 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 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.

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).

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