Ball Corp (BALL) director details 534 restricted stock and deferred units

Rhea-AI Filing Summary

A Ball Corp director reported equity compensation activity involving restricted stock units and deferred stock units on 12/15/2025.

The report shows the lapse of 534 restricted stock units granted under the Deposit Share Program, each representing a contingent right to receive one share of Ball Corporation common stock. A related entry in the Deferred Compensation Company Stock Plan reflects another 534 units that may be settled in stock or cash. Following these transactions, the director holds 17,743 restricted stock units and 20,025.1951 stock units linked to Ball Corp common stock, all listed as directly owned.

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^*

Ross Cathy D

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

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)
			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
Restricted Stock Units	(1)	12/15/2025		M			534(2)	(3)	(3)	Common Stock	534	$0	17,743	D
Deferred Compensation Company Stock Plan	(4)	12/15/2025		M		534(2)		(5)	(5)	Common Stock	534	$0	20,025.1951	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of Ball Corporation Common Stock.

2. Lapse of restricted stock units granted in conjunction with the Deposit Share Program.

3. The restricted stock units will cliff lapse after four years from the restricted stock unit grant date. The lapsing restrictions may be accelerated by meeting and maintaining the reporting person's stock ownership guidelines. If the stock ownership guidelines are met by the second anniversary of the grant date and are maintained through the accelerated vesting period, then 30% of the restriction will lapse on or immediately following the second anniversary of the grant date, 30% of the restriction will lapse on or immediately following the third anniversary of the grant date, and 40% of the restriction will lapse on or immediately following the fourth anniversary of the grant date. Vested shares will be delivered to the reporting person in accordance with the aforementioned terms, or, if the shares are deferred, in accordance with the reporting person's deferral elections or the terms of the Program and/or the applicable Plan.

4. 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.

5. 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 Ms. Ross	12/16/2025
	** 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.

FAQ

What insider transaction did Ball Corp (BALL) report for its director?

A Ball Corp director reported equity compensation activity on 12/15/2025, involving the lapse of restricted stock units and related deferred stock units tied to Ball Corporation common stock.

How many restricted stock units lapsed for the Ball Corp (BALL) director?

The disclosure shows the lapse of 534 restricted stock units granted in conjunction with Ball Corp's Deposit Share Program.

What does each Ball Corp restricted stock unit represent?

Each restricted stock unit represents a contingent right to receive one share of Ball Corporation common stock, subject to vesting and program terms.

How are units under Ball Corp's Deferred Compensation Company Stock Plan settled?

Under the Ball Corporation Deferred Compensation Company Stock Plan, each unit may be settled for one share of stock or an equivalent amount of cash, and stock units are distributed upon separation from service in line with the plan.

How many units does the Ball Corp (BALL) director hold after the reported transactions?

After the reported transactions, the director holds 17,743 restricted stock units and 20,025.1951 stock units associated with Ball Corporation common stock, all shown as directly owned.

Over what period do Ball Corp restricted stock units typically lapse for this award?

The restricted stock units are scheduled to cliff lapse after four years from the grant date, with potential accelerated lapsing if the director meets and maintains Ball Corp's stock ownership guidelines.