Carey Nate C 4

What Happened

• Nate C. Carey, Vice President & Controller of Ball Corporation (BALL), exercised stock options and sold shares on Feb 5, 2026. The filing reports exercises of 1,734 and 7,607 option-derived shares (9,341 total) at $0 reported exercise price, 6,676 shares were surrendered to cover tax withholding (worth $441,884), and 10,718 shares were sold in the open market at a weighted average price of $66.45 for proceeds of $712,165.
• These transactions are sales (routine disposition following option exercises) rather than purchases.

Key Details

• Transaction date: 2026-02-05; Form 4 filed 2026-02-06 (timely).
• Reported option exercises: 1,734 and 7,607 shares (derivative code M), total 9,341 shares.
• Tax withholding: 6,676 shares surrendered (code F) at $66.19 per share = $441,884 (footnote F1: shares surrendered to pay tax liability from exercise).
• Open market sale: 10,718 shares (code S) at weighted average $66.45 = $712,165. Footnote F2: trade prices ranged $66.2750–$66.6850; weighted average reported.
• Shares owned after the transactions: not specified in the filing.

Context

• This is a common cashless exercise pattern: options were exercised and some shares were surrendered to cover tax withholding, with remaining shares (and/or previously held shares) sold on the open market. Such transactions are routine for option holders and do not by themselves indicate a change in company outlook.
• The filer offers to provide a breakdown of the individual sale prices within the reported range upon request (per footnote).