Carey Nate C 4
Research Summary
AI-generated summary
BALL VP Nate Carey Receives Options and RSUs
What Happened
Nate C. Carey, Vice President & Controller of Ball Corporation (BALL), received equity awards on February 19, 2026: 1,825 non-qualified stock options and 5,575 restricted stock units (RSUs). The RSUs show an acquisition price of $0.00 (they convert to common shares one‑for‑one per the filing). The filing excerpt does not state a cash value for the options or an exercise price.
Key Details
- Transaction date: 2026-02-19; Form 4 filed 2026-02-23 (appears to be outside the typical 2-business-day reporting window).
- Grants: 1,825 non‑qualified stock options (derivative) and 5,575 RSUs (derivative, $0.00).
- Vesting: RSUs vest on the third anniversary of the award (footnote F2). Options vest in ~4 equal annual installments beginning one year after the award (footnote F5) and generally expire up to ten years after grant (footnote F6).
- Conversion: RSUs convert one‑for‑one to common stock (footnote F1).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Filing notes: No 10b5‑1 plan, tax‑withholding, or immediate sale is indicated in the excerpt.
Context
RSUs are deferred equity that convert to shares upon vesting and do not require exercise; stock options give the holder the right to buy shares at an exercise price (exercise price not shown here). These grants are compensation awards and are common for executives; they do not by themselves indicate an immediate buy/sell signal because vesting and exercise decisions occur later.