PANICHELLA JOHN E 4

What Happened

• John E. Panichella, a director of Ball Corporation (BALL), received an annual restricted stock unit (RSU) award of 2,903 RSUs (grant code A) on 2026-04-29. On 2026-04-30, 1,833 RSUs lapsed/converted into common shares (reported as derivative exercise/conversion, code M) and were recorded as acquired at $0.00. The filing also shows a corresponding derivative "disposed" entry for 1,833 shares with no sale price reported (N/A).
• These transactions reflect equity compensation (award + vest/lapse) rather than an open-market purchase or sale; no cash purchase price was paid for the awarded/vested shares.

Key Details

• Transaction dates: Grant 2026-04-29 (2,903 RSUs); Lapse/conversion 2026-04-30 (1,833 RSUs → common shares).
• Prices reported: $0.00 for acquired shares (RSU award/vesting); a "disposed" entry for 1,833 derivative shares shows N/A price (no open-market sale price reported).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Relevant footnotes from the filing:
  • F3: Each RSU represents a contingent right to receive one share of Ball common stock.
  • F4: The 2,903 RSUs were an annual RSU award to non-employee directors under Ball’s incentive plan.
  • F1 / F5: The common stock was acquired on lapse of Table II restricted stock units; F5 notes lapse of RSUs.
• Timeliness: Report period ended 2026-04-29 and the Form 4 was filed 2026-05-01 — appears filed within the standard two-business-day window.

Context

• RSU awards and subsequent lapse/vesting are routine director compensation; these entries do not necessarily indicate a buy/sell decision by the insider.
• The filing’s "disposed" line (N/A price) does not provide evidence of an open-market sale; the footnotes attribute the movements to vesting/lapse of RSUs.