4/A: Ball Corp Executive Howard H. Yu Corrects Deferred Compensation Units in Amended SEC Filing
SEC Filing (Form 4/A)
Howard H. Yu, E.V.P and C.F.O of Ball Corp, files an amended SEC Form 4 to correct the number of deferred compensation units acquired.
Summary
- Howard H. Yu, an E.V.P and C.F.O of Ball Corporation, filed an amended Form 4 with the SEC.
- The amendment corrects a previously reported administrative error in the calculation of deferred compensation units.
- The original filing incorrectly stated that 2,739.7061 units were received, but the corrected number is 2,502.0134 units.
- These units are part of the Ball Corporation Deferred Compensation Company Stock Plan and can be settled for either a single share of stock or the equivalent cash amount.
- The transaction date for the acquisition of these units was February 14, 2025, with a price of $55.13 per unit.
- The stock units are distributed upon separation of service, according to the plan.
Sentiment
Score: 7
Explanation: The document is a routine correction of an administrative error, which is neutral to slightly positive as it demonstrates transparency and compliance.
Negatives
- An administrative error led to an incorrect initial reporting of deferred compensation units.
Future Outlook
The document does not contain any forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the compensation structure for key executives.
Stakeholder Impact
- The correction ensures accurate reporting of executive compensation, which is important for shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of the transaction (acquisition of deferred compensation units). |
| 02/18/2025 | Date of original filing that was amended. |
| 03/12/2025 | Date of the amended filing. |
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