Form 4: Ball Corp SVP, CLO & CORP SEC Hannah S. Lim Reports Acquisition of Deferred Compensation Units

Hannah S. Lim, SVP, CLO & CORP SEC of Ball Corp, reports the acquisition of deferred compensation units convertible to common stock.

Summary

• On February 14, 2025, Hannah S. Lim, SVP, CLO & CORP SEC of Ball Corp, acquired 2,176.6733 units of deferred compensation under the Ball Corporation Deferred Compensation Company Stock Plan.
• Each unit can be settled for one share of stock or the equivalent cash amount.
• The price per share is $55.13.
• These shares were awarded for deferred incentive compensation and the company match.
• Stock units are distributed upon separation of service according to the plan.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and regulatory compliance. There are no indications of negative events or concerns.

Positives

• The acquisition of deferred compensation units reflects continued participation in the company's compensation plan.
• The deferred compensation plan aligns executive compensation with the company's long-term performance.

Future Outlook

The document does not contain specific forward-looking statements regarding the company's future performance.

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.

Comparison to Industry Standards

• Deferred compensation plans are a common component of executive compensation packages in publicly traded companies like Ball Corp.
• Companies such as Crown Holdings and Ardagh Group, which are competitors of Ball Corp in the metal packaging industry, also utilize deferred compensation plans as part of their executive remuneration strategies.
• The specifics of these plans, such as vesting schedules and payout terms, can vary, but the underlying principle of aligning executive incentives with long-term shareholder value is consistent.

Stakeholder Impact

• Shareholders are informed about executive compensation practices.
• Employees may be interested in the details of the deferred compensation plan.
• The filing ensures transparency and compliance with securities regulations.

Key Dates

Keywords

Form 4, Ball Corp, Hannah S. Lim, Deferred Compensation, Insider Trading, SEC Filing, Stock Units