Form 4: Ball Corp Director Michael Cave Reports Stock Transactions

Director Michael Cave reports transactions involving Ball Corporation's deferred compensation company stock plan and restricted stock units.

Summary

• Michael Cave, a director of Ball Corporation, filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
• On April 26, 2024, restricted stock units were deferred into Ball Corporation's Deferred Compensation Company Stock Plan and may include company match.
• On April 26, 2024, 3,311.533 shares were acquired through the Deferred Compensation Company Stock Plan at a price of $69.8, resulting in a total of 6,301.7661 shares owned directly.
• Also on April 26, 2024, 3,025 restricted stock units lapsed, leaving a balance of 35,318 restricted stock units.
• The reported securities represent only those required to be disclosed under Section 16(a) of the Securities Exchange Act of 1934, and Cave may own additional undisclosed securities.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment. It reflects routine compensation and deferred compensation activities.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track potential shifts in ownership and sentiment.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.

Key Dates