Form 4: Amcor plc Executive Vice President Ian Wilson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Executive Vice President Ian Wilson reports changes in beneficial ownership of Amcor plc shares, including the acquisition of restricted stock units.
Summary
- On March 19, 2024, Ian Wilson, Executive Vice President of Amcor plc, filed a Form 4 with the SEC reporting changes in his beneficial ownership of the company's securities.
- The reported transactions include the acquisition of 70,000 restricted stock units on March 16, 2024, which vest on February 28, 2026, and represent a contingent right to receive one ordinary share of Amcor upon vesting.
- Wilson directly owns 254,844 ordinary shares.
- Wilson indirectly owns 114,286 ordinary shares through the Oscar Wilson Trust by Zedra Trustees and 168,592 ordinary shares through Wilson Global Strategy Consultants.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and ownership changes, which is common for publicly traded companies like Amcor.
Stakeholder Impact
- The change in ownership may have a minor impact on shareholders, reflecting executive compensation and alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 03/16/2024 | Date of transaction: Acquisition of 70,000 restricted stock units. |
| 03/19/2024 | Date of Form 4 filing. |
| 02/28/2026 | Vesting date of the 70,000 restricted stock units. |
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