Lewis Ronald J. 4

What Happened

• Ronald J. Lewis, CEO of Ball Corporation (BALL), received equity awards on 2026-02-19 totaling 114,235 share-equivalents: 82,664 restricted stock units (RSUs) and 31,571 derivative awards (non-qualified stock options).
• The RSUs were granted at $0.00 (no cash paid) and will convert to common shares on a one-for-one basis. The options were granted under the company plan (exercise price not listed in the excerpt) and are derivative awards rather than immediate stock purchases or sales.
• These are compensation grants (not open-market purchases or sales) — typical executive pay rather than a trading signal.

Key Details

• Transaction date: 2026-02-19; Form 4 filed 2026-02-23 (within the usual two-business-day filing window).
• Grants: 82,664 RSUs (reported at $0.00) + 31,571 non-qualified stock option units = 114,235 potential shares.
• Vesting and terms (from filing footnotes):
  • RSUs (F2, F1): Convert one-for-one to common stock and generally vest on the third anniversary of the award date.
  • Options (F4–F6): Non-qualified stock options vest in roughly four equal annual installments beginning one year after grant and expire on termination or ten years after award (subject to grace periods).
• Shares owned after the transaction: not specified in the provided excerpt.
• Transaction code: A (award/grant).

Context

• These awards are compensation and do not involve a cash purchase or sale at grant. RSUs convert to shares only upon vesting; options require exercise (and an exercise price) to become shares.
• Such grants are routine for senior executives and align long-term incentives with shareholders; they are not direct indicators of buying or selling sentiment.