Form 4: Ball Corp Executive Kathleen Pitre Reports Acquisition of Deferred Compensation Units

Kathleen Pitre, SVP & President NCA at Ball Corp, reports acquiring deferred compensation units convertible to common stock on February 14, 2025.

Summary

• Kathleen Pitre, SVP & President NCA of Ball Corporation, filed a Form 4 on February 18, 2025, reporting a transaction.
• On February 14, 2025, Pitre acquired 1,813.8944 units of deferred compensation, each convertible to a single share of Ball Corp common stock or equivalent cash.
• The price per share for the deferred compensation acquisition was $55.13.
• Following the reported transaction, Pitre directly owns 11,339.5728 shares of Ball Corp common stock.
• These stock units in Ball Corporation's Deferred Compensation Company Stock Plan are distributed upon the separation of service in accordance with the Plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard regulatory filing reporting an insider transaction. It doesn't inherently indicate positive or negative sentiment.

Positives

• The acquisition of deferred compensation units suggests continued alignment of the executive's interests with the company's performance.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates

Keywords

Form 4, Insider Trading, Deferred Compensation, Kathleen Pitre, BALL Corp, Stock Units, Beneficial Ownership