Amcor insider sale and major equity awards: 1.37M options, 106K RSUs

Q: Who filed the Form 4 for AMCR?

Stephan Louis Fred , Chief Operating Officer, Global Flexibles Packaging Solutions, filed the Form 4.

Q: What transactions are reported on the AMCR Form 4 dated 09/15/2025?

Disposition of 242,807 ordinary shares and grants of 23,136 RSUs , 83,333 RSUs (vesting ratably), and 1,366,336 employee stock options .

Q: What is the exercise price and term of the options reported?

Exercise price $8.28 ; options are exercisable from 09/15/2028 and expire on 09/15/2035.

Q: How do the restricted stock units vest?

One grant (23,136 RSUs) settles on 09/15/2027; the 83,333 RSUs vest ratably on each of the first three anniversaries of the grant date.

Q: Are the reported holdings direct or indirect?

All reported holdings are direct per the Form 4 tables.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Stephan Louis Fred, Chief Operating Officer, Global Flexibles Packaging Solutions at Amcor plc, reported transactions dated 09/15/2025. The filing shows a disposition of 242,807 ordinary shares. On the same date he was granted 23,136 restricted stock units exercisable/settling on 09/15/2027, an additional 83,333 restricted stock units that vest ratably over the first three anniversaries, and 1,366,336 employee stock options with an exercise price of $8.28, exercisable beginning 09/15/2028 and expiring 09/15/2035. All reported holdings are direct.

Positive

Significant retention incentives issued: 1,366,336 options and 106,469 RSUs, aligning executive pay with future performance
Options have long-term exercisability (exercise window to 09/15/2035), supporting retention

Negative

Insider disposition of 242,807 ordinary shares on 09/15/2025 indicates a notable sale by the reporting officer
Filing lacks context on total pre- and post-transaction ownership percentages and purpose of the share sale

Insights

TL;DR: Large option grant plus RSUs alongside a share disposition; appears to combine compensation awards with a personal sale.

The report documents a sizable compensation package (1,366,336 options and 106,469 RSUs total) and a contemporaneous sale of 242,807 shares. The option exercise price of $8.28 and long exercise window to 2035 suggest retention incentives. The sale is a clear liquidity event but the filing does not explain purpose or proceeds. For investors, awards indicate management alignment while the sale is a routine insider disposition; materiality depends on Fred's total holdings and company market cap, which are not stated.

TL;DR: Compensation-focused filing; grants align pay with future performance, sale is a standard disclosure.

The filing shows compensation through time-vesting RSUs and long-dated options, a common executive retention structure. RSUs vesting schedules (including ratable vesting over three years) and exercisability beginning 2028 for options create multi-year retention. The director/officer designation confirms seniority. The document lacks details on total pre-transaction ownership percentages and any 10b5-1 plan, so governance context is incomplete.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Stephan Louis Fred

Role See Remarks

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	23,136	$0.00	--
Grant/Award	Employee Stock Options	1,366,336	$0.00	--
Grant/Award	Restricted Stock Units	83,333	$0.00	--
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Restricted Stock Units — 23,136 shares (Direct); Employee Stock Options — 1,366,336 shares (Direct); Ordinary Shares — 242,807 shares (Direct)

Footnotes (1)

Each restricted stock unit represents a contingent right to receive one ordinary share of Amcor upon vesting of the restricted stock units. The restricted stock units vest ratably on each of the first three anniversaries of the grant date.

Form 4 Insider Transactions: What Each Field Means →

09/17/2025 - 04:21 PM

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

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)
09/15/2025

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares								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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	09/15/2025		A		23,136		09/15/2027	09/15/2027	Ordinary Shares	23,136	$0	23,136	D
Employee Stock Options	$8.28	09/15/2025		A		1,366,336		09/15/2028	09/15/2035	Ordinary Shares	1,366,336	$0	1,366,336	D
Restricted Stock Units	⁽¹⁾	09/15/2025		A		83,333		⁽²⁾	⁽²⁾	Ordinary Shares	83,333	$0	83,333	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. The restricted stock units vest ratably on each of the first three anniversaries of the grant date.

Remarks:

Chief Operating Officer, Global Flexibles Packaging Solutions

	/s/ Damien Clayton, Attorney-in-Fact	09/17/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

Who filed the Form 4 for AMCR?

Stephan Louis Fred, Chief Operating Officer, Global Flexibles Packaging Solutions, filed the Form 4.

What transactions are reported on the AMCR Form 4 dated 09/15/2025?

Disposition of 242,807 ordinary shares and grants of 23,136 RSUs, 83,333 RSUs (vesting ratably), and 1,366,336 employee stock options.

What is the exercise price and term of the options reported?

Exercise price $8.28; options are exercisable from 09/15/2028 and expire on 09/15/2035.

How do the restricted stock units vest?

One grant (23,136 RSUs) settles on 09/15/2027; the 83,333 RSUs vest ratably on each of the first three anniversaries of the grant date.

Are the reported holdings direct or indirect?

All reported holdings are direct per the Form 4 tables.