Form 4: Ball Corp Director Sapp Reports Stock Unit Transactions

Director Betty J. Sapp reports transactions involving deferred compensation and restricted stock units in Ball Corporation.

Summary

• On June 15, 2024, Director Betty J. Sapp engaged in transactions involving Ball Corporation's Deferred Compensation Company Stock Plan and Restricted Stock Units.
• 858 stock units were settled for common stock under the Deferred Compensation Company Stock Plan at a price of $66.01, resulting in Ms. Sapp beneficially owning 5,714.9158 stock units.
• Additionally, 858 Restricted Stock Units lapsed, with Ms. Sapp now beneficially owning 2,004 Restricted Stock Units.
• These transactions were reported on Form 4, filed with the SEC on June 18, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions, so it's neutral in sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company director, which is common in publicly traded companies. It provides transparency to investors regarding insider activity.

Comparison to Industry Standards

• Director stock transactions are a normal part of corporate governance in publicly listed companies like Ball Corp.
• Similar filings are regularly made by directors and officers of companies such as Crown Holdings and Ardagh Group, which are also in the packaging industry.
• The details disclosed, such as the number of units and transaction prices, are consistent with standard reporting practices.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding director stock activity.
• The transactions have minimal direct impact on employees, customers, suppliers, or creditors.

Key Dates