Rabbitt Daniel J. 4
Research Summary
AI-generated summary
BALL Corp (BALL) CFO Daniel J. Rabbitt Sells 1,136 Shares to Cover Taxes
What Happened
- Daniel J. Rabbitt, Senior Vice President & Chief Financial Officer of BALL Corp, had 1,136 shares surrendered to cover tax withholding tied to the vesting of restricted stock units (RSUs). The shares were treated as disposed at $56.87 per share for a total of $64,604.
- This transaction is a tax-withholding event (not an open-market sale for investment purposes) and is routine following RSU vesting.
Key Details
- Transaction date: 2026-01-31; Filed with the SEC: 2026-02-02 (appears timely under standard Form 4 rules).
- Price: $56.87 per share; Total value reported: $64,604.
- Shares disposed: 1,136 (surrendered to cover tax liability).
- Shares owned after transaction: not specified in the supplied filing details.
- Footnote: F1 — shares were deemed surrendered to pay the tax liability resulting from RSU vesting.
- Transaction code: F (payment of exercise price or tax liability).
Context
- This was a tax-withholding/cashless-type settlement of vested RSUs, a routine administrative step that does not necessarily indicate the insider’s view on the company’s stock.
- For retail investors, purchases or open-market sales are more informative about insider sentiment; tax-related surrenders are common and typically neutral.