[Form 4] BALL Corp Insider Trading Activity

Rhea-AI Filing Summary

Ball Corporation (BALL) disclosed an insider equity transaction by its SVP, CLO & Corporate Secretary on October 13, 2025. The officer acquired 6,478 common shares at $0 upon the lapse of restricted stock units (transaction code M). A separate transaction coded F disposed of 1,940 shares at $47.04. After these transactions, the officer directly owned 9,145.8552 shares of common stock.

Insights

Equity Compensation Analyst

Routine RSU vesting with tax withholding; minimal impact.

This Form 4 reflects standard equity compensation mechanics. The officer received 6,478 shares via RSU vesting (code M) at $0, consistent with non-cash settlement of earned awards. A subsequent 1,940-share disposition at $47.04 (code F) indicates shares withheld to cover taxes.

Post-transaction direct holdings are 9,145.8552 shares, and 17,696 RSUs remain outstanding, each convertible into one share upon vesting. These events are administrative and do not alter the company’s operations or guidance. Actual market impact depends on future vesting and holder actions disclosed in subsequent filings.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Lim Hannah S.

(Last) (First) (Middle)

9200 W. 108TH CIRCLE

(Street)

WESTMINSTER CO 80021

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BALL Corp [ BALL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, CLO & CORP SEC

3. Date of Earliest Transaction (Month/Day/Year)
10/13/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/13/2025		M		6,478	A	$0(1)	11,085.8552	D
Common Stock	10/13/2025		F		1,940	D	$47.04	9,145.8552	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	10/13/2025		M(3)			6,478	(3)	(3)	Common Stock	6,478	(1)	17,696	D

Explanation of Responses:

1. N/A

2. Each restricted stock unit represents a contingent right to receive one share of Ball Corporation Common Stock.

3. Lapse of restricted stock units.

	/s/ Derek Redmond, attorney-in-fact to Ms. Lim-Johnson	10/14/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did BALL report on this Form 4?

The SVP, CLO & Corporate Secretary acquired 6,478 common shares at $0 upon RSU lapse (code M) and disposed of 1,940 shares in a code F transaction at $47.04.

When did the BALL insider transactions occur?

The transactions occurred on October 13, 2025.

How many BALL shares does the officer own after the transactions?

Following the transactions, the officer directly owned 9,145.8552 shares of Ball Corporation common stock.

What does the filing say about the RSUs?

It states the RSUs lapsed, resulting in issuance of 6,478 shares; each RSU represents a contingent right to receive one common share.

What price is associated with the code F transaction?

The code F transaction lists a price of $47.04 per share.

How many derivative securities remain after these transactions?

Derivative securities beneficially owned following the transactions were 17,696 restricted stock units.