Pitre Kathleen 4
Research Summary
AI-generated summary
Ball Corp (BALL) SVP Kathleen Pitre Receives Award of 7,062 Shares
What Happened
- Kathleen Pitre, SVP and President, North and Central America (NCA) for Ball Corporation, was reported as acquiring 7,062 shares via an award on 2026-01-27. The Form 4 lists the transaction as an acquisition (award) with no purchase price (N/A), reflecting a grant/vesting of performance-contingent restricted stock units (RSUs) originally awarded Jan 25, 2023. The Human Resources Committee determined on 01/27/2026 that the performance conditions were met; the shares are scheduled to vest on 01/31/2026, subject to continued employment.
Key Details
- Transaction date reported: 2026-01-27; Form filed: 2026-01-28 (Accession: 0000009389-26-000008).
- Shares granted/awarded: 7,062; price: N/A (award/compensation, not a market purchase).
- Vesting note: HR Committee certified achievement of performance factors (01/27/2026); vesting date 01/31/2026, contingent on continued employment (Footnote F1).
- Instrument: Each restricted stock unit represents a contingent right to one share of Ball common stock (Footnote F2).
- Shares owned after the reported transaction: not disclosed in the filing.
- No 10b5-1 plan, tax-withholding, or late-filing flag is indicated in the provided filing details.
Context
- These are performance-contingent RSUs (compensation), not an open-market purchase or sale. They will convert to actual shares upon vesting (here, expected 01/31/2026 if employment continues). Such awards are routine executive compensation and do not by themselves indicate an insider buying or selling signal.