Rabbitt Daniel J. 4

What Happened

• Daniel J. Rabbitt, Senior Vice President & Chief Financial Officer of Ball Corporation (BALL), received awards on Feb 19, 2026 totaling 22,847 units: 16,533 restricted stock units (RSUs) awarded at $0.00 and 6,314 derivative units convertible to common shares on a one-for-one basis. These are grant/award transactions (transaction code A), not open‑market purchases or sales. The RSUs generally vest on the third anniversary of the award date; the convertible units convert to common stock without cost.

Key Details

• Transaction date: 2026-02-19; Form filed: 2026-02-23 (filed within the SEC’s two-business-day window).
• Awards: 16,533 RSUs @ $0.00 (acquired = $0); 6,314 derivative units (conversion price N/A; converts 1:1 to shares).
• Shares owned after transaction: not disclosed in the provided excerpt.
• Relevant footnotes from the filing:
  • F1: Convertible units convert without cost to common stock on a one‑for‑one basis.
  • F2: RSUs awarded under Ball’s Stock and Cash Incentive Plan; vest on the third anniversary, generally subject to continued employment.
  • The filing also includes general notes about option grants and vesting schedules (F4–F6), but the two reported entries are the convertible units (F1) and RSUs (F2).
• Transaction type: Award/Grant (code A); not an immediate cash purchase or sale.

Context

• These awards are compensation-related and are typically subject to vesting and forfeiture conditions; they do not represent an immediate purchase of shares or a sale that signals a liquidity event. Convertible units will become common shares at conversion; RSUs will convert to shares only after vesting. For retail investors, grants like this are routine executive compensation and should be weighed alongside other insider activity and company fundamentals.