Vail Scott Arthur 4
Research Summary
AI-generated summary
Ball Corp (BALL) SVP Scott Vail Receives Stock Awards
What Happened
- Scott Vail, SVP & CSCO of Ball Corporation (BALL), received equity awards on 2026-02-19: 12,754 restricted stock units (RSUs) and 4,871 derivative awards (stock options). The RSUs show an acquisition price of $0.00 (typical for compensation awards); the derivative award is reported as a derivative grant (price N/A). These are grants/awards (not open-market purchases or sales) and represent compensation rather than an immediate cash transaction.
Key Details
- Transaction date: 2026-02-19; Form 4 filed 2026-02-23 (filed within the standard reporting window).
- Awards: 12,754 RSUs (acquired @ $0.00) and 4,871 derivative awards (grant reported as derivative, price N/A).
- Vesting / conversion notes (from filing footnotes):
- The RSUs convert one-for-one into common shares and are restricted stock units that generally vest on the third anniversary of the award (F1, F2).
- The derivative awards are non‑qualified stock options under the company plan and generally vest in approximately four equal annual installments beginning one year after grant; they expire upon termination or ten years after award, subject to certain grace periods (F4, F5, F6).
- Shares owned after the transaction are not specified in the provided extract.
- Filing timeliness: The Form 4 was filed within the standard reporting period (transaction 2/19/2026; filing 2/23/2026).
Context
- These awards are standard executive compensation—RSUs convert to shares after vesting, and options require vesting and exercise (and may have an exercise price) before becoming shares. They do not represent an open‑market purchase or sale and therefore are not a direct market vote by the insider. Vesting and conversion depend on continued employment and plan terms noted above.