Lim-Johnson Hannah S. 4

What Happened

• Hannah S. Lim-Johnson, SVP, Chief Legal Officer & Corporate Secretary of Ball Corporation (BALL), was granted derivative equity awards on 2026-02-19. The Form 4 reports two grant entries: 12,228 awards with $0.00 exercise/price (derivative) and 4,670 derivative units shown at N/A. No cash was paid as part of these grants; they are compensatory awards rather than open‑market buys or sales.

Key Details

• Transaction date: 2026-02-19; Form 4 filed: 2026-02-23 (appears later than the standard two-business-day filing window).
• Grants reported: 12,228 derivative units shown at $0.00 and 4,670 derivative units shown at N/A.
• Shares owned after transaction: Not reported in this filing.
• Relevant footnotes from the filing:
  • F1: Certain units convert without cost to shares of common stock on a one‑for‑one basis.
  • F2: The 12,228 awards are Restricted Stock Units (RSUs) under the Ball Corporation Stock and Cash Incentive Plan and generally vest on the third anniversary of the award date, subject to continued employment.
  • F4–F6: The filing also references non‑qualified stock options under the plan, which typically vest in ~4 equal annual installments, expire up to ten years after grant, and are subject to termination/grace period rules.
• Filing timeliness: The Form 4 was filed four days after the transaction date (includes a weekend); this appears late relative to the usual two-business-day rule for insider filings.

Context

• These awards are compensatory equity grants (RSUs/option-type derivatives) that generally vest over time and do not indicate an immediate purchase or sale of shares. They are not immediate cash transactions and do not necessarily signal a near-term change in ownership — vesting and conversion conditions determine when shares become owned and tradeable.