Form 4: Ball Corp Director Cathy D. Ross Reports Stock Unit Transactions

Director Cathy D. Ross of Ball Corp reported the lapse of restricted stock units and deferred compensation stock units on December 15, 2024.

Summary

• Cathy D. Ross, a director at Ball Corp, reported transactions involving restricted stock units and deferred compensation stock units.
• On December 15, 2024, 415 restricted stock units and 415 deferred compensation stock units lapsed.
• Additionally, 88 restricted stock units and 88 deferred compensation stock units also lapsed on the same date.
• These transactions are related to the Deposit Share Program and the Ball Corporation Deferred Compensation Company Stock Plan.
• The restricted stock units will cliff lapse after four years from the grant date, with potential for accelerated vesting based on stock ownership guidelines.

Sentiment

Score: 5

Explanation: The document is a routine filing of insider transactions and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies.

Comparison to Industry Standards

• The reporting of stock unit transactions by directors is a standard practice across publicly listed companies.
• Many companies use restricted stock units and deferred compensation plans as part of their executive compensation packages, similar to Ball Corp.
• The vesting schedules and terms described are typical for such equity grants.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they represent a small portion of the total outstanding shares.
• The transactions are part of the director's compensation package and do not directly affect employees, customers, or suppliers.

Key Dates

Keywords

stock units, restricted stock units, deferred compensation, insider trading, Form 4, Ball Corp, director, equity