Glew Mandy 4

What Happened
Mandy Glew, Senior Vice President and President, EMEA of Ball Corporation, was granted two equity awards on February 19, 2026: 2,554 derivative units that convert one-for-one into common shares (footnote F1) and 6,688 Restricted Stock Units (RSUs) awarded at $0 cost (footnote F2). These were awards/grants (transaction code A) — non‑cash compensation — so no cash was exchanged at grant.

Key Details

• Transaction date: 2026-02-19; Filing date (Form 4): 2026-02-23 (filed within the standard 2 business-day reporting window).
• Awards: 2,554 convertible units (convertible one-for-one to common stock, F1) and 6,688 RSUs (awarded at $0, F2). Price shown: N/A or $0.00; no cash paid at grant.
• Vesting: The 6,688 RSUs vest on the third anniversary of the award date, subject to continued employment (F2). The 2,554 units convert without cost one-for-one (F1).
• Shares owned after transaction: Not specified in the provided excerpt.
• Other footnotes in the filing reference the company’s stock and cash incentive plan, non‑qualified stock options, typical four‑year vesting schedules and up-to-10-year expirations (F4–F6), but the two items reported here are derivative awards/RSUs rather than option exercises.
• Filing timeliness: Not late — reported on 2026-02-23 for a 2026-02-19 grant.

Context
These awards are compensation-based, not open-market purchases or sales. RSUs and convertible units typically indicate retention/incentive pay and do not immediately change free‑floating shares until they vest or convert. For retail investors, grants signal management is being compensated with equity, but they do not represent an immediate insider buy (which some investors view as a stronger positive signal).