Form 4: Ball Corp Executive Howard H. Yu Reports Stock Transactions

E.V.P and C.F.O of Ball Corp, Howard H. Yu, reports the lapse of restricted stock units and subsequent stock transactions.

Summary

• On October 13, 2024, Howard H. Yu, E.V.P and C.F.O of Ball Corporation, reported transactions involving Ball Corp common stock.
• 20,289 shares of common stock were acquired upon the lapse of restricted stock units.
• 7,579 shares were withheld for the payment of tax obligations related to the lapse of these restricted stock units.
• The price per share for these transactions was $64.64.
• Following these transactions, Yu directly owns 12,710 shares of Ball Corp common stock and 53,606 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about executive stock ownership.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and transactions in the company's stock.

Comparison to Industry Standards

• Executive compensation packages often include restricted stock units that vest over time.
• The lapse of these units and the subsequent tax withholding are standard practices.
• Similar filings are made by executives at comparable companies like Crown Holdings and Ardagh Group.

Stakeholder Impact

• The transactions reported may have a minor impact on the overall float of Ball Corp stock.
• The filing provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates