BALL (BALL) CEO receives 2,265 deferred stock units under compensation plan

Rhea-AI Filing Summary

Lewis Ronald J. reported acquisition or exercise transactions in this Form 4 filing.

BALL Corp Chief Executive Officer Ronald J. Lewis reported receiving an award of 2,265.4332 deferred stock units under the company’s Deferred Compensation Company Stock Plan on February 27, 2026. Each unit may be settled in one BALL share or an equivalent cash amount, according to the plan terms.

After this grant, Lewis holds a total of 16,396.0175 deferred stock units directly. The units are designed to be distributed upon separation from service, aligning a portion of the CEO’s compensation with the company’s future performance over the long term.

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
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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^*

Lewis Ronald J.

(Last) (First) (Middle)

9200 W. 108TH CIRCLE

(Street)

WESTMINSTER CO 80021

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BALL Corp [ BALL ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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

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
Deferred Compensation	(1)	02/27/2026		A		2,265.4332(2)		(3)	(3)	Common Stock	2,265.4332	$52.97	16,396.0175	D

Explanation of Responses:

1. Each unit may be settled for a single share of stock or the equivalent amount of cash pursuant to the Ball Corporation Deferred Compensation Company Stock Plan.

2. Shares awarded under the Deferred Compensation Company Stock Plan for deferred compensation and the Company match.

3. Stock units in Ball Corporation's Deferred Compensation Company Stock Plan are distributed upon the separation of service in accordance with the Plan.

	/s/ Derek Redmond, attorney-in-fact to Mr. Lewis	03/02/2026
	** 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 insider transaction did BALL (BALL) report for CEO Ronald J. Lewis?

BALL reported that CEO Ronald J. Lewis acquired 2,265.4332 deferred stock units under the Deferred Compensation Company Stock Plan. These units are a form of equity-linked compensation that may later convert into BALL shares or an equivalent cash amount, based on plan terms.

How many BALL deferred stock units does the CEO hold after this Form 4?

After the reported grant, CEO Ronald J. Lewis holds 16,396.0175 deferred stock units directly. This total reflects accumulated awards under BALL’s Deferred Compensation Company Stock Plan, which are generally distributed when the executive separates from service, subject to the plan’s provisions.

Was the BALL (BALL) CEO buying or selling stock in this Form 4 filing?

The Form 4 shows an acquisition through a grant or award of deferred stock units, not an open-market stock purchase or sale. The transaction is coded as a grant of derivative securities under BALL’s Deferred Compensation Company Stock Plan, rather than a traditional buy or sell.

What is the economic reference price for the BALL deferred units granted?

The 2,265.4332 deferred stock units are reported with a reference price of $52.97 per unit. This price is used for reporting purposes on the Form 4 and reflects the value associated with the award under BALL’s compensation and deferred stock unit accounting framework.

How and when are BALL deferred stock units distributed to the CEO?

According to the footnotes, stock units in BALL’s Deferred Compensation Company Stock Plan are distributed upon separation of service. At that time, each unit may be settled in a single BALL share or an equivalent cash amount, consistent with the plan’s distribution and settlement rules.