Sapp Betty J. 4

What Happened

• Betty J. Sapp, a director of Ball Corporation (BALL), received an annual restricted stock unit (RSU) award of 2,903 RSUs on 2026-04-29 and had 3,369 RSUs lapse/convert into common shares on 2026-04-30. Both the grant and the conversion are recorded as acquisitions at $0.00 (typical for RSU awards converting to stock). The filing also reports a matching 3,369-share disposition entry on 2026-04-30; no cash value or sale price is reported in the filing excerpt.

Key Details

• Transaction dates and types:
  • 2026-04-29: Grant/Award (A) — 2,903 RSUs granted (acquired) at $0.00.
  • 2026-04-30: Conversion/Lapse (M) — 3,369 RSUs converted to common stock (acquired) at $0.00; same 3,369 shares are also listed as disposed on 2026-04-30 (disposition price N/A).
• Shares owned after transaction: Not stated in the provided filing excerpt.
• Footnotes of note:
  • F1/F5: Common stock acquired upon lapse of Table II restricted stock units.
  • F3: Each RSU represents a contingent right to one share.
  • F4: These are annual RSU awards to non-employee directors under Ball’s incentive plan.
  • F2: N/A.
• Filing timeliness: Form 4 was filed 2026-05-01 covering transactions on 2026-04-29/04-30 — filing appears timely (not marked late).

Context

• These entries relate to RSUs (derivative awards) converting to common stock rather than open-market purchases or sales. The reported acquisition at $0 reflects conversion/lapse of RSUs into shares; the simultaneous disposition entry is recorded in the filing but no sale price or proceeds are shown in the excerpt (filings sometimes show dispositions for tax-withholding or transfer purposes, but the filing here does not specify the reason). This activity is typical for director compensation and does not, by itself, indicate the director’s market view.