AMCR Form 4: Corporate Controller Receives 2,303 Shares on RSU Vesting
Rhea-AI Filing Summary
Amcor plc (AMCR) Form 4: Julie Marie Sorrells, V.P. & Corporate Controller and officer of Amcor, reported receipt of 2,303 ordinary shares on 08/28/2025 arising from the vesting of restricted stock units granted on 09/15/2023. Of the vested amount, 123 shares were withheld to satisfy tax withholding, leaving a net increase in direct ownership to 40,836 ordinary shares. Additionally, 7,674 shares are held indirectly through a 401(k) plan. The reported RSUs carry no purchase price and vested on the stated date; the filing was signed by an attorney-in-fact on 09/02/2025.
Positive
- Officer's ownership increased by 2,303 shares through RSU vesting, aligning executive incentives with shareholder interests
- Transparent reporting of tax withholding (123 shares) and indirect holdings via 401(k) provides clear disclosure
Negative
- Share withholding for taxes reduced the net issued shares to the officer, slightly diminishing the immediate stake increase
Insights
TL;DR: Routine RSU vesting increased an officer's direct stake modestly; no cash paid and withholding handled via share surrender.
The transaction is a standard equity compensation vesting: 2,303 restricted stock units converted to ordinary shares with 123 withheld for taxes, resulting in 40,836 shares directly owned post-transaction. This is a non-cash event and does not indicate market trading intent. Impact on share count is immaterial to capital structure for a large public company, but aligns management incentives with shareholders.
TL;DR: Officer received vested RSUs, demonstrating typical alignment of executive compensation with shareholder interests.
This Form 4 shows routine administration of equity incentives: RSUs granted in 2023 vested in 2025 and were recorded as acquisitions (code M) with tax withholding (code F). Indirect ownership via a 401(k) is disclosed separately. The filing is complete and conforms with Section 16 reporting—no governance red flags or unusual timing are evident from the disclosure alone.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,303 | $0.00 | -- |
| Exercise | Ordinary Shares | 2,303 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 123 | $0.00 | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one ordinary share of Amcor upon vesting of the restricted stock units. 123 shares were withheld for tax withholding arising from the recent equity incentive plan vesting resulting in 2,180 shares. The restricted stock units were granted on September 15, 2023 and vest August 28, 2025.
