Penegor Todd Allan 4

What Happened

• Todd Allan Penegor, a director of Ball Corporation (BALL), received a grant of 2,903 restricted stock units (RSUs) on 2026-04-29. Those RSUs are recorded as derivative awards (code A).
• On 2026-04-30 the filing shows conversion/exercise of derivative awards resulting in the acquisition of 3,369 shares at $0.00 (code M). The same day the filing also reports a disposition of 3,369 shares (code M). No cash amount is reported for the acquisition (zero price) and the disposal is listed as N/A.

Key Details

• Transaction dates and types:
  • 2026-04-29: Grant/award of 2,903 RSUs (derivative; code A).
  • 2026-04-30: Exercise/conversion of derivative — 3,369 shares acquired @ $0.00 (code M).
  • 2026-04-30: Disposal of 3,369 shares (code M; amount N/A).
• Footnotes in the filing:
  • RSUs represent a contingent right to receive one share each (F3).
  • Awards were an annual RSU award to non-employee directors under Ball’s Stock and Cash Incentive Plan (F4).
  • The filing notes common stock was acquired upon the lapse of Table II restricted stock units (F1, F5).
• Shares owned after the transactions: not specified in the provided excerpt.
• Timeliness: Form filed 2026-05-01 for transactions on 2026-04-29 and 04-30 — the filing is within the normal Form 4 reporting window (not marked late).

Context

• RSUs are derivative awards that convert into common shares when restrictions lapse (vesting). The filing shows RSUs lapsed/converted into shares and that a matching disposition of 3,369 shares occurred the same day. The filing does not state the reason for the disposition (e.g., sale, tax withholding, or transfer), so no inference about Penegor’s market view should be made from this record alone.