BALL director gains shares via RSU vesting
BALL Corp director Aaron M. Erter reported equity compensation activity.
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Form Type
4
Rhea-AI Filing Summary
BALL Corp director Aaron M. Erter reported equity compensation activity. On April 29, he received an annual award of 2,903 Restricted Stock Units (RSUs) under Ball Corporation's Stock and Cash Incentive Plan. On April 30, 3,369 RSUs lapsed and converted into 3,369 shares of Common Stock, bringing his direct Common Stock holdings to 5,528 shares. These transactions reflect grants and RSU vesting, not open-market buying or selling.
Insider Trade Summary
3,369 shares exercised/converted
Exercise
3 txns
Insider
ERTER AARON M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,369 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,369 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 2,903 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 2,903 contracts (Direct);
Common Stock — 5,528 shares (Direct)
Footnotes (5)
- F1. Common stock acquired on the lapse of Table II Restricted Stock Units.
- F2. N/A
- F3. Each restricted stock unit represents a contingent right to receive one share of Ball Corporation Common Stock.
- F4. Annual Restricted Stock Unit Award (RSU) granted to non-employee Directors under Ball Corporation's Stock and Cash Incentive Plan.
- F5. Lapse of restricted stock units.
Key Figures
RSUs vested: 3,369 shares
RSU grant: 2,903 units
Common Stock held: 5,528 shares
3 metrics
RSUs vested
3,369 shares
Restricted Stock Units lapsed into Common Stock on April 30
RSU grant
2,903 units
Annual RSU award to non-employee director on April 29
Common Stock held
5,528 shares
Direct BALL Corp holdings after reported transactions
Key Terms
Restricted Stock Units, Restricted Stock Unit, Stock and Cash Incentive Plan, derivative security
4 terms
Restricted Stock Units financial
"Annual Restricted Stock Unit Award (RSU) granted to non-employee Directors under Ball Corporation's Stock and Cash Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share of Ball Corporation Common Stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Stock and Cash Incentive Plan financial
"Annual Restricted Stock Unit Award (RSU) granted to non-employee Directors under Ball Corporation's Stock and Cash Incentive Plan."
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did BALL director Aaron Erter report?
Aaron Erter reported equity compensation events, not open-market trades. He received 2,903 Restricted Stock Units and had 3,369 RSUs lapse into 3,369 shares of BALL Corp Common Stock, increasing his directly held share balance to 5,528 shares after these transactions.
What Restricted Stock Units were granted to Aaron Erter by BALL (BALL)?
Aaron Erter received an annual award of 2,903 Restricted Stock Units. Each unit represents a contingent right to receive one share of BALL Corp Common Stock under the company’s Stock and Cash Incentive Plan for non-employee directors, as described in the Form 4 footnotes.
What does it mean that 3,369 BALL Corp RSUs lapsed for Aaron Erter?
The lapse of 3,369 RSUs means those Restricted Stock Units vested and converted into 3,369 shares of BALL Corp Common Stock. This is a standard compensation event, turning contingent rights into actual shares held directly by the director, with no market purchase involved.
Are Aaron Erter’s BALL Restricted Stock Units still outstanding after this Form 4?
Following these transactions, Aaron Erter shows 2,903 Restricted Stock Units outstanding. These RSUs were granted as an annual award and each represents a contingent right to receive one share of BALL Corp Common Stock when they vest in the future.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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