Suarez Gonzalez Susana 4
Research Summary
AI-generated summary
Amcor (AMCR) EVP & Chief HR Susana Suarez Vests 14,000 RSUs
What Happened
- Susana Suarez Gonzalez, Executive Vice President & Chief Human Resources Officer of Amcor plc (AMCR), had 14,000 restricted stock units (RSUs) convert to ordinary shares on February 27, 2026. The RSUs converted at $0 exercise price (typical for RSU vesting), and 5,953 of the resulting shares were withheld to satisfy tax withholding, leaving 8,047 net shares delivered to her. The Form 4 was filed on March 3, 2026 (on time).
Key Details
- Transaction date: February 27, 2026 (conversion/vesting of 14,000 RSUs).
- Exercise/conversion price: $0 (RSU vesting, not a cash purchase).
- Tax withholding: 5,953 shares withheld (share-for-tax withholding), net delivered 8,047 shares.
- Grant and vest: RSUs were granted March 16, 2024 and vested February 27, 2026 (footnote).
- Reverse split: All share counts reflect a 1-for-5 reverse stock split effective January 15, 2026.
- Filing timeliness: Form 4 filed March 3, 2026 — appears to meet the two-business-day reporting requirement.
Context
- This was a routine equity award vesting event (RSU conversion), not an open-market purchase or sale. The withholding of shares to cover taxes is a common cashless method and does not by itself indicate a buy or sell signal. The transaction code M indicates conversion/exercise of a derivative (RSU), and F indicates shares withheld for tax obligations.