Amcor (AMCR) General Counsel Deborah Rasin Exercises Options, Receives Award

What Happened

• Deborah Rasin, General Counsel of Amcor plc, reported multiple equity-plan events: settlement/conversion of performance shares and restricted stock units (RSUs) that vested in late August 2026, and vesting of a tranche of employee stock options. Net of tax withholding, she received about 2,087 shares on Aug 26 and about 2,029.2 shares on Aug 28 (total ≈ 4,116.2 shares). The filings show withheld/disposed shares for tax withholding; dollar amounts are reported as $0 or N/A in the filing.

Key Details

• Dates: Aug 26, 2026 and Aug 28, 2026 (Form filed Aug 28, 2026) — filing appears timely.
• Vesting/settlement amounts:
  • 3,748 performance shares settled on Aug 26; 1,661 shares withheld for taxes, net 2,087 shares (F1, F3).
  • 3,643.2 RSUs vested on Aug 28; 1,614 shares withheld for taxes, net ~2,029.2 shares (F6, F4).
  • 5,308 employee stock options vested (grant dated Sep 15, 2023) but remain subject to a share‑price condition before exercisable (F5).
• Transaction codes: M = exercise/conversion of derivative (performance shares/RSUs settled), A = award/vesting of options, F = shares withheld for tax withholding.
• Shares owned after the transactions are not explicitly disclosed in the filing; the filing reports the net shares received as above.
• No indication of a 10b5-1 plan or late filing flag in the report.

Context

• The events are largely vesting/settlement and tax-withholding actions (common when equity awards vest). The employee stock options that vested are subject to a price condition (they must exceed the exercise price to be exercisable), so those are not necessarily converted into marketable shares yet.
• Withheld shares for taxes are routine and recorded as dispositions (F); these are not open-market sales signaling investment views.