Avery Dennison Corp — Form 10-Q
Filed August 4, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 12/100
What the filing says
Danny Allouche appointed President of Materials Group effective June 1, 2026, reporting to CEO Deon Stander. Compensation: base salary ILS 1,989,960; AIP target 60% of base; LTI target increased from 180% to 200% of base salary. Special awards: supplemental LTI grant Sept 1, 2026 (US$117,500 grant-date value: US$70,500 performance units + US$47,000 RSUs) plus one-time special RSU award Sept 1, 2026 (US$500,000 grant-date value, cliff-vest June 1, 2029).
Why this rating
Executive promotion and comp adjustment are routine. ~US$617.5K total new awards <0.005% of $13.6B market cap; immaterial to company trajectory.
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