Ball Corp (NYSE: BALL) CEO awarded 31,571 RSUs and 82,664 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ball Corp Chief Executive Officer Ronald J. Lewis reported equity awards rather than open-market trades. He received 31,571 Restricted Stock Units that convert without cost into common stock on a one-for-one basis and generally vest on the third anniversary, subject to continued employment.
He also received 82,664 non-qualified stock options that were granted under the Ball Corporation Stock and Cash Incentive Plan. These options will vest in approximately four equal annual installments beginning on the first anniversary of the award date and expire upon termination (with certain grace periods) or ten years after the award, whichever is less.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lewis Ronald J.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 31,571 | $0.00 | -- |
| Grant/Award | Stock Options (Right to Buy) | 82,664 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 39,347 shares (Direct);
Stock Options (Right to Buy) — 82,664 shares (Direct)
Footnotes (1)
- Convert without cost to shares of common stock on a one-for-one basis. Restricted Stock Units awarded under the Ball Corporation Stock and Cash Incentive Plan and will vest on the third anniversary of the award date, subject generally to continued employment through each vesting date. N/A Non-Qualified Stock Options granted under the Ball Corporation Stock and Cash Incentive Plan. The stock options were granted under the Ball Corporation Stock and Cash Incentive Plan and will vest in approximately four equal annual installments, beginning on the first anniversary of the award date, subject generally to continued employment through each vesting date. Expires upon termination, with certain grace periods, or ten years after award, whichever is less.
FAQ
What insider transactions did BALL Corp CEO Ronald J. Lewis report on this Form 4?
Ronald J. Lewis reported equity awards, not market trades. He received 31,571 Restricted Stock Units and 82,664 non-qualified stock options, both granted under the Ball Corporation Stock and Cash Incentive Plan as part of his compensation package.
How many Restricted Stock Units did BALL CEO Ronald J. Lewis receive?
Ronald J. Lewis received 31,571 Restricted Stock Units. These units convert on a one-for-one basis into shares of Ball common stock at no cost and generally vest on the third anniversary of the award date, subject to continued employment.
What are the vesting terms for the BALL Corp Restricted Stock Units granted to the CEO?
The CEO’s Restricted Stock Units vest on the third anniversary of the award date. Vesting is generally conditioned on his continued employment through each vesting date, aligning long-term incentives with company performance and retention.
How many stock options were granted to BALL CEO Ronald J. Lewis in this filing?
Ronald J. Lewis was granted 82,664 non-qualified stock options. These options were issued under the Ball Corporation Stock and Cash Incentive Plan and give him the right to buy Ball common stock, subject to vesting and expiration conditions.
What are the vesting and expiration terms of the BALL Corp stock options granted to the CEO?
The stock options vest in roughly four equal annual installments, starting on the first anniversary of the award date. They expire upon termination of employment, with certain grace periods, or ten years after the award date, whichever occurs first.
Do the BALL Corp Restricted Stock Units convert into common stock at a cost to the CEO?
The Restricted Stock Units convert without cost to the CEO into shares of Ball common stock on a one-for-one basis. This means each vested unit becomes one share, functioning as stock-based compensation tied to continued employment.