Form 4: Ball Corp Executive Hannah S. Lim Reports Stock Option and Restricted Stock Unit Grants

Hannah S. Lim, SVP, CLO & CORP SEC of Ball Corp, reports the acquisition of stock options and restricted stock units.

Summary

• On February 21, 2025, Hannah S. Lim, SVP, CLO & CORP SEC of Ball Corporation, reported transactions involving derivative securities.
• Lim acquired 15,010 stock options with an exercise price of $51.35, which vest in approximately four equal annual installments starting on the first anniversary of the award date.
• Lim also acquired 4,417 restricted stock units that will vest on the third anniversary of the award date.
• Following these transactions, Lim directly owns 15,010 derivative securities and 24,174 shares of common stock.

Sentiment

Score: 7

Explanation: The document reflects standard executive compensation practices, indicating a stable and well-managed company. The sentiment is neutral to positive.

Positives

• The grant of stock options and restricted stock units aligns the executive's interests with those of the shareholders.
• The vesting schedules encourage long-term commitment from the executive.

Future Outlook

The stock options vest in approximately four equal annual installments, beginning on the first anniversary of the award date, subject to continued employment. The restricted stock units will vest on the third anniversary of the award date, subject to continued employment.

Industry Context

Executive compensation packages often include stock options and restricted stock units to incentivize performance and align executive interests with shareholder value. This filing reflects a standard practice in corporate governance.

Comparison to Industry Standards

• Stock option grants are a common component of executive compensation packages across various industries, including packaging and manufacturing, to incentivize performance and align executive interests with shareholder value.
• Companies like Crown Holdings and Amcor also utilize stock options and restricted stock units as part of their executive compensation plans.
• The vesting schedules and exercise prices are generally benchmarked against industry peers to ensure competitiveness and effectiveness in retaining key personnel.

Stakeholder Impact

• The grants align executive interests with shareholder value, potentially leading to improved company performance.
• Employees may view the grants as a positive sign of the company's commitment to its leadership.

Key Dates