Form 4: Ball Corp Director Ross Cathy D. Reports Changes in Beneficial Ownership

Director Cathy D. Ross reports changes in beneficial ownership of Ball Corp stock, including transactions involving deferred compensation and restricted stock units.

Summary

• Cathy D. Ross, a director of Ball Corporation, filed a Form 4 with the SEC detailing changes in her beneficial ownership of the company's stock.
• The reported transactions involve the lapse of restricted stock units deferred into Ball Corporation's Deferred Compensation Company Stock Plan.
• These transactions include company match.
• 3,311.533 common stock units were acquired through the Deferred Compensation Company Stock Plan at a price of $69.8.
• 3,025 restricted stock units lapsed.
• Following these transactions, Ross directly owns 15,754.4949 shares through the Deferred Compensation Company Stock Plan and 15,959 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which is neutral in sentiment.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It's a standard practice for directors and officers to have compensation packages that include stock options and restricted stock units.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the transactions of a company director.

Key Dates