Form 4: Ball Corp Executive Stacey J. Panayiotou Reports Acquisition of Deferred Compensation Units
SEC Form 4 Filing
Stacey J. Panayiotou, SVP & CHRO of Ball Corp, reports acquiring deferred compensation units convertible to common stock or cash.
Summary
- On February 14, 2025, Stacey J. Panayiotou, SVP & CHRO of Ball Corporation, acquired 13,060.0399 units of deferred compensation under the Ball Corporation Deferred Compensation Company Stock Plan.
- These units can be settled for either a single share of Ball Corp common stock or the equivalent cash amount.
- The acquisition price was $55.13 per unit.
- Following the transaction, Ms. Panayiotou directly owns 15,172.608 shares of Ball Corp common stock.
- The stock units are distributed upon separation of service in accordance with the Plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing an executive's compensation. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The stock units in Ball Corporation's Deferred Compensation Company Stock Plan are distributed upon the separation of service in accordance with the Plan.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in trading activities by company insiders. This filing indicates an executive's participation in a deferred compensation plan, a common practice in corporate compensation structures.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects an executive's compensation and ownership stake in the company.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of transaction: Acquisition of deferred compensation units. |
| 02/18/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Deferred Compensation, Stock Plan, Ball Corp, Panayiotou, Executive Compensation, Insider Trading
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