[Form 4] Ball Corporation Insider Trading Activity

Rhea-AI Filing Summary

Ball Corporation (BALL) Form 4 shows that Daniel J. Rabbitt, identified as S.V.P. & C.F.O. and a reporting person, had transactions dated 08/15/2025 and the filing was signed on 08/19/2025. The filing reports an award of 6,253 Restricted Stock Units (RSUs) that convert one-for-one into common shares and vest on the third anniversary of the award date subject to continued employment. The table also records a reported disposition indicated with a "D" for 7,700 common shares. The Form 4 is a single-person filing and was submitted under Section 16 reporting requirements.

Positive

• 6,253 Restricted Stock Units granted that convert one-for-one to common stock, providing long-term compensation alignment
• Vesting over three years, which ties executive compensation to continued service

Negative

• Disposition of 7,700 common shares is reported on the same transaction date, which reduces the reporting person's immediate share ownership

Insights

Securities Analyst

TL;DR: CFO received 6,253 RSUs that vest in three years; filing also shows a reported disposition of 7,700 shares.

The filing documents a routine equity award and an associated ownership change by Ball Corporation's S.V.P. & C.F.O. The 6,253 RSU grant is a restricted equity award that converts one-for-one to common stock and vests on the third anniversary, indicating typical long-term incentive alignment with management. The Form 4 also records a reported disposition of 7,700 common shares on the same transaction date; the form lists ownership amounts and transaction codes but does not provide pricing information for the disposition. Impact is neutral because the filing records standard compensation and a sale, without additional context on proceeds or reasons.

Corporate Governance Expert

TL;DR: Governance view — this is a standard long-term incentive grant with vesting conditions and a contemporaneous reported sale.

The RSU award is governed by Ball Corporation's incentive plan and carries a three-year service-based vesting condition, which is common for senior executives. The Form 4 properly discloses both the award and a reported disposition (marked "D") of 7,700 shares, complying with Section 16 timing and filing requirements. The document contains no amendments or plan-sale code indicators; therefore, it appears to be routine disclosure rather than a material corporate governance event.

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^*

Rabbitt Daniel 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)
	S.V.P & C.F.O

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

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)	08/15/2025		A		6,253(2)		(2)	(2)	Common Stock	6,253	(3)	7,700	D

Explanation of Responses:

1. Convert without cost to shares of common stock on a one-for-one basis.

2. 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 the vesting date.

3. N/A

	/s/ Derek Redmond, attorney-in-fact for Mr. Rabbitt	08/19/2025
	** 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 did BALL's CFO report on the Form 4 dated 08/15/2025?

The filing reports an award of 6,253 Restricted Stock Units and a reported disposition of 7,700 common shares with transaction date 08/15/2025.

When do the 6,253 RSUs awarded to Daniel J. Rabbitt vest?

The RSUs vest on the third anniversary of the award date, subject generally to continued employment through the vesting date.

What is the conversion ratio for the RSUs in this Form 4?

The RSUs convert one-for-one into shares of common stock at no cost, as stated in the filing.

Who filed the Form 4 for BALL and when was it signed?

The Form 4 was filed for Daniel J. Rabbitt by Derek Redmond, attorney-in-fact, and the signature date is 08/19/2025.

What role does the reporting person hold at Ball Corporation?

The reporting person is listed as S.V.P. & C.F.O. and is indicated as an officer on the form.