ERTER AARON M 4
Research Summary
AI-generated summary
Ball Corp (BALL) Director Aaron M. Erter Receives RSU Award, Vests Shares
What Happened
- Aaron M. Erter, a director of Ball Corporation (BALL), received an annual restricted stock unit (RSU) award and had RSUs vest. The filing shows a 2,903-share RSU grant on 2026-04-29 and the lapse/vesting (conversion) of 3,369 RSUs into common stock on 2026-04-30. The vested shares were acquired at $0.00 (i.e., received as compensation rather than bought). No open-market sale of the underlying shares is reported.
Key Details
- Transaction dates: RSU grant 2026-04-29; RSU lapse/vesting (conversion to shares) 2026-04-30.
- Prices: Acquisitions reported at $0.00 (received on vesting/award). A corresponding "disposed" line for 3,369 units is reported as N/A — this reflects conversion/disposition of the derivative instrument (RSUs), not a public sale of shares. (Footnotes: RSUs represent contingent right to one share; awards are annual for non-employee directors; lapse = vesting.)
- Shares owned after transaction: Not specified in the filing.
- Filing/Timeliness: Form 4 was filed 2026-05-01 for transactions on 4/29–4/30; the filing appears timely.
Context
- RSUs are compensation: each RSU is a contingent right to one share; lapse = vesting and conversion into common stock. These entries reflect routine director compensation rather than an open-market purchase or sale. No cash was paid to acquire the vested shares, and no sale proceeds are reported in this filing.