Form 4: Amcor Director Susan K. Carter Reports Share Transactions

Director Susan K. Carter of Amcor plc reports the acquisition of 15,250 ordinary shares and 14,279 restricted stock units, along with the vesting of 15,250 restricted stock units.

Summary

• Susan K. Carter, a director at Amcor plc, reported transactions involving the company's ordinary shares and restricted stock units.
• On December 2, 2024, Ms. Carter acquired 15,250 ordinary shares through the vesting of restricted stock units.
• Also on December 2, 2024, she was granted 14,279 restricted stock units which vest on December 2, 2025.
• Following these transactions, Ms. Carter directly owns 49,973 ordinary shares and 14,279 restricted stock units.

Sentiment

Score: 7

Explanation: The document reflects routine transactions related to director compensation, which is generally viewed neutrally to slightly positive as it aligns director interests with shareholders.

Positives

• The vesting of restricted stock units and subsequent acquisition of shares indicates alignment of director's interests with shareholders.
• The grant of new restricted stock units suggests continued commitment and long-term incentive for the director.

Industry Context

This is a routine filing related to director share transactions and is common for publicly listed companies. It reflects standard practice for executive compensation and alignment of interests.

Comparison to Industry Standards

• The reporting of share transactions by directors is a standard practice across publicly listed companies globally.
• The use of restricted stock units as part of executive compensation is a common practice among companies like Amcor, similar to other packaging and manufacturing firms such as Ball Corporation and Crown Holdings.
• The vesting schedules and reporting requirements are consistent with SEC regulations and industry norms.

Stakeholder Impact

• The transactions have a minor positive impact on shareholders as they align the director's interests with the company's performance.
• The vesting of restricted stock units and grant of new units are part of the director's compensation package.

Key Dates

Keywords

Amcor, Director, Susan K. Carter, Share Transactions, Restricted Stock Units, Beneficial Ownership, SEC Form 4