Amcor (AMCR) GC Deborah Rasin Receives RSU Award; 1,035 Shares Withheld

What Happened

• Deborah Rasin, General Counsel of Amcor plc, had restricted stock units (RSUs) convert/exercise on September 15, 2026 into 2,334.6 ordinary shares. To cover tax withholding obligations, 1,035 of those shares were withheld/disposed at $42.25 per share for a total of $43,729, leaving 1,299.6 shares issued to her net of withholding. The Form 4 also lists RSU award entries related to prior grants.

Key Details

• Transaction date: September 15, 2026; Form 4 filed September 17, 2026 (two days later, which is generally timely under Form 4 rules).
• Shares acquired (conversion/exercise): 2,334.6 shares (derivative conversion/exercise, code M).
• Shares disposed (tax withholding): 1,035 shares at $42.25/share for $43,729 (code F).
• Net shares received after withholding: 1,299.6 shares.
• Award/grant lines: the filing shows RSU awards (20,480 and 3,516 RSUs) from the plan; footnotes state these RSUs were granted on Sept 15, 2025 and vest ratably over the first three anniversaries of the grant.
• Footnotes: each RSU represents the right to receive one ordinary share on vesting; the 1,035-share withholding arose from the recent equity plan vesting.

Context

• This was a vesting/settlement of equity awards (RSUs) and routine tax withholding, not an open-market purchase or a discretionary sale for investment purposes. Derivative conversion here reflects RSUs being settled into ordinary shares; the withheld/disposed shares were used to satisfy tax obligations (a common practice). The transaction does not by itself indicate the insider is buying or selling shares for investment motives.