[Form 4] Amcor plc Insider Trading Activity

Rhea-AI Filing Summary

Stephan Louis Fred, Chief Operating Officer, Global Flexibles Packaging Solutions at Amcor plc (AMCR), reported equity changes on 08/28/2025. Fifteen thousand five hundred eighty-five (15,585) restricted stock units vested and were reported as acquired, representing contingent rights to the same number of ordinary shares granted on 09/15/2023. Of the vested shares, 6,905 were withheld to satisfy tax withholding, leaving the reporting person with 242,807 ordinary shares beneficially owned after the transactions. The Form 4 was signed by an attorney-in-fact on 09/02/2025.

Positive

• Vesting completed as scheduled: 15,585 restricted stock units vested, reflecting fulfillment of multi-year incentive terms.
• Transparent reporting: Form 4 discloses grant date (09/15/2023), vesting date (08/28/2025), and withholding amount (6,905 shares).

Negative

• Tax withholding reduced net shares: 6,905 shares were withheld, leaving a net of 8,680 shares from the vesting event.
• No additional details on plan terms: The filing does not disclose vesting schedule specifics beyond grant and vesting dates, limiting assessment of long-term incentive design.

Insights

Corporate Governance Expert

TL;DR: Routine executive equity vesting with normal tax withholding; disclosure aligns with Section 16 reporting requirements.

The filing documents the scheduled vesting of 15,585 restricted stock units granted on 09/15/2023 and vested 08/28/2025. The withholding of 6,905 shares for taxes is a common administrative outcome and reduces the net increase in share ownership. Ownership after the transaction is reported as 242,807 ordinary shares. This disclosure is procedural and does not indicate discretionary insider trading or unusual compensation practices based on the information provided.

Executive Compensation Analyst

TL;DR: Vesting reflects long-term compensation realization; net share increase is modest after tax withholding.

The restricted stock units vested as part of an equity incentive plan dated 09/15/2023. Gross settlement would have added 15,585 shares but 6,905 were withheld for taxes, producing a net of 8,680 shares from this vesting event. The impact on dilution and outstanding shares is minimal at this scale relative to typical public-company capitalization, and the transaction appears consistent with standard executive compensation vesting schedules.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Stephan Louis Fred

(Last) (First) (Middle)

83 TOWER ROAD NORTH

(Street)

WARMLEY, BRISTOL X0 BS30 8XP

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Amcor plc [ AMCR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
08/28/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	08/28/2025		M		15,585	A	(1)	249,712	D
Ordinary Shares	08/28/2025		F		6,905(2)	D	$0	242,807	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	08/28/2025		M			15,585	(3)	(3)	Ordinary Shares	15,585	$0	0	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one ordinary share of Amcor upon vesting of the restricted stock units.

2. 6,905 shares were withheld for tax withholding arising from the recent equity incentive plan vesting resulting in 8,680 shares.

3. The restricted stock units were granted on September 15, 2023 and vested August 28, 2025.

Remarks:

Chief Operating Officer, Global Flexibles Packaging Solutions

	/s/ Damien Clayton, Attorney-in-Fact	09/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Stephan Louis Fred report on Form 4 for AMCR?

He reported the vesting of 15,585 restricted stock units on 08/28/2025, with 6,905 shares withheld for taxes, resulting in 242,807 shares owned.

When were the restricted stock units granted and when did they vest?

The restricted stock units were granted on 09/15/2023 and vested on 08/28/2025.

How many shares were withheld for tax purposes in the transaction?

6,905 ordinary shares were withheld to satisfy tax withholding relating to the equity vesting.

What is the reporting person’s role at Amcor plc?

Stephan Louis Fred is identified as Chief Operating Officer, Global Flexibles Packaging Solutions.

How many ordinary shares does the reporting person own after the transaction?

He beneficially owns 242,807 ordinary shares following the reported transactions.