[144] Ball Corporation SEC Filing
Form 144 notice by an insider of Ball Corporation (BALL) indicates a proposed sale of 3,400 shares of common stock through Morgan Stanley Smith Barney LLC on 08/28/2025. The filing reports an aggregate market value of $175,270 and total shares outstanding of 272,148,895. The securities were acquired on 08/28/2025 through the exercise of options under a registered plan from the issuer, and payment was made in cash. The filer reports no securities sold in the prior three months and makes the standard representation that no undisclosed material adverse information is known.
- None.
- None.
Insights
TL;DR: Routine insider sale following option exercise; size is immaterial relative to outstanding shares.
The filing documents a planned sale of 3,400 shares executed through a broker, arising from option exercises under a registered plan and paid in cash. At an aggregate value of $175,270 against 272,148,895 shares outstanding, the transaction represents a de minimis dilution or selling pressure and is unlikely to affect market valuation. No prior sales in the past three months are reported, which suggests this is a discrete liquidity event rather than a pattern of disposals.
TL;DR: Disclosure fulfills Rule 144 procedural requirements; no governance red flags evident from the notice.
The notice identifies the broker, nature of acquisition (exercise of options), and payment method, aligning with Rule 144 disclosure norms. The filer includes the required representation about material non-public information. Given the small size of the proposed sale and lack of recent sales, this appears to be a routine, compliant insider transaction rather than an indicator of governance or disclosure concerns.