BALL insider ownership: who sold, why, and what they still hold

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Mandy Glew SVP and President, EMEA	5,626	$63.80	44%	7.2K	Aug 25, 2026	Aug 26, 2026

What stands out

Fauze Villatoro bought 1.6K shares for $100K, first on Mar 4, 2026.Purchase, Mar 4, 2026

Percentages cover 16 of 25 officers and directors. 9 are left out

Left out: Stuart Taylor II (most holdings were last confirmed in 2019); Michael Cave (most holdings were last confirmed in 2021); Cathy Ross, Howard Yu, Edmund Doering, John Panichella, Scott Vail and Jennifer Cmil (held no vested shares at the start); Dune Ives (most holdings were last confirmed in 2023).

Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is 100% of that person's own stake; not comparable between people. The stake is the vested shares held at the start of the period (Oct 9, 2025); the gold part is what they sold.

SoldRest of starting stake

Nate Carey

Vice President & Controller

Sold $712K (plan status beside the amount). Exercised options and sold: 56% of the shares held or received (after tax withholding) during the period†. Stake: 13K → 8.5K. Why

$712KNo plan disclosed

Kathleen Pitre

SVP & President NCA

22% · $710KNo plan disclosed

Deron Goodwin

VP, Global Head of Treasury

Sold $555K (plan status beside the amount). Exercised options and sold: 42% of the shares held or received (after tax withholding) during the period†. Stake unchanged: 12K → 12K. Why

$555KNo plan disclosed

Mandy Glew

SVP and President, EMEA

Sold $359K (plan status beside the amount). Exercised options and sold: 44% of the shares held or received (after tax withholding) during the period†. Stake: 5.6K → 7.2K. Why

$359KNo plan disclosed

Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

No plan disclosedOne dollar scale for every month; the tallest bar is labeled

Common questions

Is the Ball Corporation CEO selling stock?

No. Ronald Lewis reported no open-market sales in the past 12 months.

Why are Ball Corporation insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 0% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 100% had no disclosed plan. A trading plan schedules sales in advance.

Are any Ball Corporation insiders buying?

Yes. 1 officer or director reported 1 purchase in the past 12 months (Form 4 code P; rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust are not counted).

How much of their stake did Ball Corporation insiders sell?

About 7.0% of the shares they held or received (after tax withholding) during the period. The usual measure, against starting holdings alone, can't be used here because most of the shares sold arrived during the period, through vesting or option exercises. That covers the 12 months to Oct 9, 2026 and counts vested shares reported on SEC Forms 3, 4 and 5, which is not an insider's whole wealth.

The evidence

Who sold4 officers and directors: amount, % of holdings, trading plan

Who sold	Amount	% of holdings	Trading plan
Nate Carey Vice President & Controller	$712K 11K shares	56%† Exercised options and sold. Stake: 13K → 8.5K i † Nate Carey exercised options and sold those shares, so this is shares sold as a share of the 13K held at the start plus the 14K received, less 8.1K withheld by the company for taxes.	No plan disclosed
Kathleen Pitre SVP & President NCA	$710K 11K shares	22%	No plan disclosed
Deron Goodwin VP, Global Head of Treasury	$555K 8.8K shares	42%† Exercised options and sold. Stake unchanged: 12K → 12K i † Deron Goodwin exercised options and sold those shares, so this is shares sold as a share of the 12K held at the start plus the 9.8K received, less 955 withheld by the company for taxes.	No plan disclosed
Mandy Glew SVP and President, EMEA	$359K 5.6K shares	44%† Exercised options and sold. Stake: 5.6K → 7.2K i † Mandy Glew exercised options and sold those shares, so this is shares sold as a share of the 5.6K held at the start plus the 8.2K received, less 988 withheld by the company for taxes.	No plan disclosed

The full ownership picture25 of 25 insiders fully reconciled · 17 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

Insider

Held Oct 9, 2025

Sold

Held Oct 9, 2026

Still held

Daniel Fisher

Includes unvested RSUs, amount not disclosed. Class as filed looks like a typo ("401K"); the class could not be inferred, so that line is left out of holdings.

Chairman & C.E.O., Director

170K

no sales

Vesting, gifts, unvested awards and holding lines for Daniel Fisher

0shares vested or exercised

0gifted (net of own trusts)

412K → 412Kunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
Class as filed looks like a typo ("401K"); the class could not be inferred, so that line is left out of holdings. Filing 1 Filing 2 Filing 3 Filing 4 Filing 5 Filing 6 Filing 7 Filing 8 Filing 9 Filing 10 Filing 11 Filing 12 Filing 13 Filing 14 Filing 15 Filing 16 Filing 17 Filing 18 Filing 19 Filing 20 Filing 21 Filing 22 Filing 23 Filing 24 Filing 25

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	152,848	152,848
Spouse	Common Stock	10,036	10,036
401(k) Plan of Reporting Person	Common Stock	2,232	2,232
401(k) Plan	Common Stock	1,940	1,940
401(k) Plan by Spouse	Common Stock	1,128	1,128
Spouse	Employee Stock Purchase Plan	1,913	1,913

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
178,314	$55.87	Jan 24, 2034	$1.4M
127,919	$51.35	n/a	$1.6M
4,659	$55.87	Jan 24, 2034	$37K

Estimate: options held × ($63.80 − strike price), using the most recent insider trade price on Form 4 (Aug 25, 2026), not a market close.

Kathleen Pitre

Class as filed looks like a typo ("401K"); treated as Employee Stock Purchase Plan.

SVP & President NCA

49K

−11K

44K

88%

Vesting, gifts, unvested awards and holding lines for Kathleen Pitre

0shares vested or exercised

0gifted (net of own trusts)

−2.2Kwithheld by the company for taxes

38K → 40Kunvested awards, start → end

Class as filed looks like a typo ("401K"); treated as Employee Stock Purchase Plan. Filing

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	42,531	36,772
401(k)Plan	Common Stock	3,225	3,225
Direct	Employee Stock Purchase Plan	3,623	3,623

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
7,056	$38.84	Jan 24, 2028	$176K
6,271	$50.78	Jan 23, 2029	$82K
9,115	$72.59	Jan 29, 2030	$0
8,990	$85.33	Jan 27, 2031	$0
9,238	$86.57	Jan 26, 2032	$0
11,799	$56.64	Jan 25, 2033	$84K
12,202	$55.87	Jan 24, 2034	$97K
7,872	$51.35	n/a	$98K
6,171	$66.03	n/a	$0

Estimate: options held × ($63.80 − strike price), using the most recent insider trade price on Form 4 (Aug 25, 2026), not a market close.

Ronald Lewis

Minor difference of 263 shares. Difference is under 0.5% of holdings. Includes unvested RSUs, amount not disclosed.

Chief Executive Officer

45K

75K

no sales

Vesting, gifts, unvested awards and holding lines for Ronald Lewis

+4Kshares vested or exercised

0gifted (net of own trusts)

−18Kwithheld by the company for taxes

140K → 188Kunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	44,712	74,201
Direct	Employee Stock Purchase Plan	543	543

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
37,715	$55.87	Jan 24, 2034	$299K
26,424	$51.35	n/a	$329K
82,664	$66.03	n/a	$0

Estimate: options held × ($63.80 − strike price), using the most recent insider trade price on Form 4 (Aug 25, 2026), not a market close.

Reconciliation: minor difference of 263 shares. Difference is under 0.5% of holdings.

Daniel Rabbitt

Minor difference of 39 shares. Difference is under 0.5% of holdings. Class as filed looks like a typo ("401K"); the class could not be inferred, so that line is left out of holdings.

S.V.P & C.F.O

29K

32K

no sales

Vesting, gifts, unvested awards and holding lines for Daniel Rabbitt

0shares vested or exercised

0gifted (net of own trusts)

−1.1Kwithheld by the company for taxes

28K → 35Kunvested awards, start → end

Class as filed looks like a typo ("401K"); the class could not be inferred, so that line is left out of holdings. Filing

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	25,275	27,709
Direct	Employee Stock Purchase Plan	3,997	3,997

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
10,143	$38.84	Jan 24, 2028	$253K
7,756	$50.78	Jan 23, 2029	$101K
6,510	$72.59	Jan 29, 2030	$0
5,051	$85.33	Jan 27, 2031	$0
4,619	$86.57	Jan 26, 2032	$0
5,900	$56.64	Jan 25, 2033	$42K
5,768	$55.87	Jan 24, 2034	$46K
4,917	$51.35	Feb 21, 2035	$61K
16,533	$66.03	n/a	$0

Estimate: options held × ($63.80 − strike price), using the most recent insider trade price on Form 4 (Aug 25, 2026), not a market close.

Reconciliation: minor difference of 39 shares. Difference is under 0.5% of holdings.

Carey Causey

Includes unvested RSUs, amount not disclosed. Class as filed looks like a typo ("401K"); treated as Common Stock.

SVP & Chief Growth Officer

22K

28K

no sales

Vesting, gifts, unvested awards and holding lines for Carey Causey

+6.8Kshares vested or exercised

0gifted (net of own trusts)

−6.8Kwithheld by the company for taxes

26K → 42Kunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
Class as filed looks like a typo ("401K"); treated as Common Stock. Filing 1 Filing 2

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	20,962	27,331
401(k) plan	Common Stock	543	543

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
6,174	$38.84	Jan 24, 2028	$154K
4,620	$50.78	Jan 23, 2029	$60K
3,646	$72.59	Jan 29, 2030	$0
7,071	$85.33	Jan 27, 2031	$0
7,575	$86.57	Jan 26, 2032	$0
10,619	$56.64	Jan 25, 2033	$76K
26,179	$55.87	Jan 24, 2034	$208K
20,271	$51.35	n/a	$252K
15,595	$66.03	n/a	$0

Estimate: options held × ($63.80 − strike price), using the most recent insider trade price on Form 4 (Aug 25, 2026), not a market close.

Cynthia Niekamp

Minor difference of 113 shares. Footnotes say what happened but give no amount, so the amounts are derived from the balance changes: 112.5013 shares from stock units or awards that vested. 112.5013 shares arrived when stock units or awards vested, by the footnote; no acquisition was reported, so the amount is derived from the balance change.

Director

21K

25K

no sales

Vesting, gifts, unvested awards and holding lines for Cynthia Niekamp

+3.4Kshares vested or exercised

0gifted (net of own trusts)

59K → 58Kunvested awards, start → end

112.5013 shares arrived when stock units or awards vested, by the footnote; no acquisition was reported, so the amount is derived from the balance change. Filing

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	21,468	24,949

Reconciliation: minor difference of 113 shares. Footnotes say what happened but give no amount, so the amounts are derived from the balance changes: 112.5013 shares from stock units or awards that vested.

Nate Carey

Includes unvested RSUs, amount not disclosed. Class as filed looks like a typo ("401K"); the class could not be inferred, so that line is left out of holdings.

Vice President & Controller

13K

−11K

8.5K

not meaningful

Vesting, gifts, unvested awards and holding lines for Nate Carey

+9.3Kshares vested or exercised

0gifted (net of own trusts)

−8.1Kwithheld by the company for taxes

9.4K → 11Kunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
Class as filed looks like a typo ("401K"); the class could not be inferred, so that line is left out of holdings. Filing 1 Filing 2 Filing 3 Filing 4 Filing 5 Filing 6 Filing 7 Filing 8 Filing 9 Filing 10

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	12,288	7,265
401(k) Plan	Common Stock	739	739
Direct	Employee Stock Purchase Plan	462	462

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
7,765	$55.87	Jan 24, 2034	$62K
7,043	$51.35	n/a	$88K
5,575	$66.03	n/a	$0

Estimate: options held × ($63.80 − strike price), using the most recent insider trade price on Form 4 (Aug 25, 2026), not a market close.

John Bryant

Director

13K

no sales

Vesting, gifts, unvested awards and holding lines for John Bryant

0shares vested or exercised

0gifted (net of own trusts)

41K → 61Kunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	13,468	13,468

Pedro Mariani

Director

13K

no sales

Vesting, gifts, unvested awards and holding lines for Pedro Mariani

0shares vested or exercised

0gifted (net of own trusts)

126K → 126Kunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	13,122	13,122

Deron Goodwin

Minor difference of 6 shares. Difference is under 0.5% of holdings. Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

VP, Global Head of Treasury

12K

−8.8K

12K

not meaningful

Vesting, gifts, unvested awards and holding lines for Deron Goodwin

+6.9Kshares vested or exercised

0gifted (net of own trusts)

−955withheld by the company for taxes

4.3K → 5.8Kunvested awards, start → end

Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	12,001	12,007

Additional holdings last reported Aug 24, 2023, not confirmed since: 714 shares. Not included in any total or percentage on this page.

401(k) plan, Common Stock: 714 shares, last reported Aug 24, 2023

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
4,437	$55.87	Jan 24, 2034	$35K
5,873	$51.35	n/a	$73K
4,649	$66.03	n/a	$0

Estimate: options held × ($63.80 − strike price), using the most recent insider trade price on Form 4 (Aug 25, 2026), not a market close.

Reconciliation: minor difference of 6 shares. Difference is under 0.5% of holdings.

Fauze Villatoro

Minor difference of 18 shares. Difference is under 0.5% of holdings. Includes unvested RSUs, amount not disclosed.

SVP & President South America

11K

14K

no sales

Vesting, gifts, unvested awards and holding lines for Fauze Villatoro

0shares vested or exercised

0gifted (net of own trusts)

5.3K → 6.7Kunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	10,600	13,778

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
1,092	$72.59	Jan 29, 2030	$0
960	$85.33	Jan 27, 2031	$0
998	$86.57	Jan 26, 2032	$0
2,690	$56.64	Jan 25, 2033	$19K
3,860	$55.87	Jan 24, 2034	$31K
4,199	$51.35	n/a	$52K
3,660	$66.03	n/a	$0

Estimate: options held × ($63.80 − strike price), using the most recent insider trade price on Form 4 (Aug 25, 2026), not a market close.

Reconciliation: minor difference of 18 shares. Difference is under 0.5% of holdings.

Todd Penegor

Minor difference of 81 shares. Footnotes say what happened but give no amount, so the amounts are derived from the balance changes: 80.7221 shares from stock units or awards that vested. 80.7221 shares arrived when stock units or awards vested, by the footnote; no acquisition was reported, so the amount is derived from the balance change.

Director

8.4K

12K

no sales

Vesting, gifts, unvested awards and holding lines for Todd Penegor

+3.4Kshares vested or exercised

0gifted (net of own trusts)

29K → 29Kunvested awards, start → end

80.7221 shares arrived when stock units or awards vested, by the footnote; no acquisition was reported, so the amount is derived from the balance change. Filing

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	8,441	11,890

Reconciliation: minor difference of 81 shares. Footnotes say what happened but give no amount, so the amounts are derived from the balance changes: 80.7221 shares from stock units or awards that vested.

Betty Sapp

Minor difference of 64 shares. Footnotes say what happened but give no amount, so the amounts are derived from the balance changes: 64.4657 shares from stock units or awards that vested. 64.4657 shares arrived when stock units or awards vested, by the footnote; no acquisition was reported, so the amount is derived from the balance change.

Director

7.2K

11K

no sales

Vesting, gifts, unvested awards and holding lines for Betty Sapp

+3.4Kshares vested or exercised

0gifted (net of own trusts)

34K → 40Kunvested awards, start → end

64.4657 shares arrived when stock units or awards vested, by the footnote; no acquisition was reported, so the amount is derived from the balance change. Filing

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	7,207	10,641

Reconciliation: minor difference of 64 shares. Footnotes say what happened but give no amount, so the amounts are derived from the balance changes: 64.4657 shares from stock units or awards that vested.

Mandy Glew

Minor difference of 27 shares. Difference is under 0.5% of holdings. Includes unvested RSUs, amount not disclosed.

SVP and President, EMEA

5.6K

−5.6K

7.2K

not meaningful

Vesting, gifts, unvested awards and holding lines for Mandy Glew

+6.4Kshares vested or exercised

0gifted (net of own trusts)

−988withheld by the company for taxes

5.6K → 7.8Kunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	5,615	7,209

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
2,133	$85.33	Jan 27, 2031	$0
2,295	$86.57	Jan 26, 2032	$0
759	$56.64	Jan 25, 2033	$5K
1,788	$55.87	Jan 24, 2034	$14K
6,046	$51.35	n/a	$75K
6,688	$66.03	n/a	$0

Estimate: options held × ($63.80 − strike price), using the most recent insider trade price on Form 4 (Aug 25, 2026), not a market close.

Reconciliation: minor difference of 27 shares. Difference is under 0.5% of holdings.

Hannah Lim-Johnson

Minor difference of 24 shares. Difference is under 0.5% of holdings.

SVP, CLO & Corp Sec

4.6K

9.1K

no sales

Vesting, gifts, unvested awards and holding lines for Hannah Lim-Johnson

+6.5Kshares vested or exercised

0gifted (net of own trusts)

−1.9Kwithheld by the company for taxes

26K → 29Kunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	4,584	9,146

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
21,076	$55.87	Jan 24, 2034	$167K
15,010	$51.35	n/a	$187K
12,228	$66.03	n/a	$0

Estimate: options held × ($63.80 − strike price), using the most recent insider trade price on Form 4 (Aug 25, 2026), not a market close.

Reconciliation: minor difference of 24 shares. Difference is under 0.5% of holdings.

Aaron Erter

Director

2.2K

5.5K

no sales

Vesting, gifts, unvested awards and holding lines for Aaron Erter

+3.4Kshares vested or exercised

0gifted (net of own trusts)

3.4K → 2.9Kunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	2,159	5,528

John Panichella

Director

1.8K

no sales

Vesting, gifts, unvested awards and holding lines for John Panichella

+1.8Kshares vested or exercised

0gifted (net of own trusts)

0 → 2.9Kunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	0	1,833

25 of 25 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (16 exactly, 9 with a minor or footnoted difference). Percentages cover 16 of 25 officers and directors. Left out: Stuart Taylor II (most holdings were last confirmed in 2019); Michael Cave (most holdings were last confirmed in 2021); Cathy Ross, Howard Yu, Edmund Doering, John Panichella, Scott Vail and Jennifer Cmil (held no vested shares at the start); Dune Ives (most holdings were last confirmed in 2023). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$2.3M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $2.3M across 35,813 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

No plan disclosed · $2.3M

Sales with no 10b5-1 plan and no tax reference in the filing. $712K of it is Nate Carey. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Nate Carey, Feb 5, 2026

Taxes

40,282 shares ($2.3M) were withheld by the company for taxes, which isn't a market sale.

Purchases · 1 buyer (1 trade)

1 officer or director bought shares in this period, in 1 trade(Form 4 code P, leaving out rows the filings describe as reinvested dividends, plan purchases, private deals or moves into the person's own trust). Across all their filings on record there are 25 purchase trades.

Seller	Shares sold	Proceeds	Under a disclosed plan	Share of total	Sales dates
Nate Carey Vice President & Controller	11K	$712K	0%	30%	Feb 5, 2026 to Feb 5, 2026
Kathleen Pitre SVP & President NCA	11K	$710K	0%	30%	Mar 2, 2026 to Mar 2, 2026
Deron Goodwin VP, Global Head of Treasury	8.8K	$555K	0%	24%	Aug 11, 2026 to Aug 11, 2026
Mandy Glew SVP and President, EMEA	5.6K	$359K	0%	15%	Aug 25, 2026 to Aug 25, 2026

Sales by month

Month	Sale proceeds	Disclosed plan	To cover taxes	No plan disclosed
Oct 2025	$0	$0	$0	$0
Nov 2025	$0	$0	$0	$0
Dec 2025	$0	$0	$0	$0
Jan 2026	$0	$0	$0	$0
Feb 2026	$712K	$0	$0	$712K
Mar 2026	$710K	$0	$0	$710K
Apr 2026	$0	$0	$0	$0
May 2026	$0	$0	$0	$0
Jun 2026	$0	$0	$0	$0
Jul 2026	$0	$0	$0	$0
Aug 2026	$914K	$0	$0	$914K
Sep 2026	$0	$0	$0	$0
Oct 2026	$0	$0	$0	$0

Is this normal? Selling year by year5 earlier years to compare with

Less than usual: about half of the 5-year average. 4 insiders sold; the average is 3 a year.

12 months ending	Shares sold	Insiders who sold	Proceeds
Oct 9, 2026 Latest 12 months	36K	4	$2.3M
Oct 9, 2025 1 year earlier	9.2K	1	$522K
Oct 9, 2024 2 years earlier	5K	1	$349K
Oct 10, 2023 3 years earlier	104K	3	$6.1M
Oct 10, 2022 4 years earlier	11K	2	$1.0M
Oct 10, 2021 5 years earlier	239K	8	$22.4M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertaintyEvery officer and director reconciles

Every officer and director reconciles for this period.

Ronald Lewis: minor difference of 263 shares. Difference is under 0.5% of holdings.

Daniel Rabbitt: minor difference of 39 shares. Difference is under 0.5% of holdings.

Cynthia Niekamp: minor difference of 113 shares. Footnotes say what happened but give no amount, so the amounts are derived from the balance changes: 112.5013 shares from stock units or awards that vested.

Deron Goodwin: minor difference of 6 shares. Difference is under 0.5% of holdings.

Fauze Villatoro: minor difference of 18 shares. Difference is under 0.5% of holdings.

Todd Penegor: minor difference of 81 shares. Footnotes say what happened but give no amount, so the amounts are derived from the balance changes: 80.7221 shares from stock units or awards that vested.

Betty Sapp: minor difference of 64 shares. Footnotes say what happened but give no amount, so the amounts are derived from the balance changes: 64.4657 shares from stock units or awards that vested.

Mandy Glew: minor difference of 27 shares. Difference is under 0.5% of holdings.

Hannah Lim-Johnson: minor difference of 24 shares. Difference is under 0.5% of holdings.

Inferred rename: "Trust" is treated as the same holder as "SAH Trust", because the old name was never reported again and the new one opened with the same balance (640,304 shares). Old name, new name

Inferred rename: "an entity owned entirely by the reporting person" is treated as the same holder as "an entity controlled by the reporting person", because the old name was never reported again and the new one opened with the same balance (0 shares). Old name, new name

Inferred rename: "New spouse's ownership" is treated as the same holder as "Spouse", because the old name was never reported again and the new one opened with the same balance (239,612 shares). Old name, new name

Inferred rename: "401K" is treated as the same holder as "401(k) Plan", because the old name was never reported again and the new one opened with the same balance (3,307 shares). Old name, new name

Inferred rename: "401(k)" is treated as the same holder as "401(k) Plan", because the old name was never reported again and the new one opened with the same balance (0 shares). Old name, new name

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology3,725 filings from SEC EDGAR, and how we read them

All 3,725 Forms 3, 4 and 5 filed for Ball Corporation (SEC CIK 9389) from Feb 24, 2003 to Sep 21, 2026, retrieved from SEC EDGAR on Oct 9, 2026. Prices are the ones reported in each filing, often weighted averages. 53 older filings exist only on paper and could not be read.

Probable 2-for-1 stock split on or before Sep 1, 2004 (first filing that shows post-split balances). Splits aren't reported as transactions; 25 holding lines changed by exactly this ratio, so earlier share counts are restated.

Probable 2-for-1 stock split on or before Feb 16, 2011 (first filing that shows post-split balances). Splits aren't reported as transactions; 24 holding lines changed by exactly this ratio, so earlier share counts are restated.

Probable 2-for-1 stock split on or before May 19, 2017 (first filing that shows post-split balances). Splits aren't reported as transactions; 19 holding lines changed by exactly this ratio, so earlier share counts are restated.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (37)No filing in 18 months; last reported balances, not in any total

Name	Last filed	Last reported balance
Stacey Panayiotou	Feb 25, 2025	23,816 shares, last reported balance as of Jan 31, 2025
Georgia Nelson	Sep 17, 2024	13,966 shares, last reported balance as of Apr 26, 2024
David Kaufman	Feb 15, 2024	10,130 shares, last reported balance as of Feb 15, 2024
Scott Morrison	Sep 25, 2023	551,850 shares, last reported balance as of Sep 25, 2023
Charles Baker	Sep 18, 2023	362,524 shares, last reported balance as of Sep 18, 2023
John Hayes	May 5, 2023	814,893 shares, last reported balance as of Apr 25, 2023
Jeff Knobel	Oct 4, 2022	64,752 shares, last reported balance as of Sep 23, 2022
Daniel Heinrich	Apr 29, 2022	9,500 shares, last reported balance as of Apr 27, 2022
Lisa Pauley	Nov 29, 2021	500,864 shares, last reported balance as of Nov 29, 2021
Robert Strain	Jan 4, 2021	40,002 shares, last reported balance as of Dec 31, 2020
Theodore Solso	Apr 24, 2019	125,484 shares, last reported balance as of Apr 24, 2019
Robert Alspaugh	Apr 24, 2019	6,000 shares, last reported balance as of Apr 24, 2019
James Peterson	Oct 4, 2018	48,535 shares, last reported balance as of Aug 1, 2018
David Hoover	Apr 25, 2018	1,163,901 shares, last reported balance as of Apr 25, 2018
Hanno Fiedler	Apr 25, 2018	254,836 shares, last reported balance as of Apr 25, 2018
George Smart	Apr 25, 2018	74,884 shares, last reported balance as of Apr 25, 2018
Shawn Barker	Dec 1, 2017	23,823 shares, last reported balance as of Dec 1, 2017
Erik Bouts	Dec 22, 2016	24,976 shares, last reported balance as of Aug 8, 2016
Leroy Williams Jr.	Mar 17, 2016	71,339 shares, last reported balance as of Mar 15, 2016
Michael Feldser	Feb 16, 2016	99,015 shares, last reported balance as of Jan 29, 2016
John Lehman	Mar 18, 2015	323,877 shares, last reported balance as of Mar 16, 2015
Jan Nicholson	Mar 17, 2015	1,075,953 shares, last reported balance as of Mar 16, 2015
Douglas Bradford	Feb 2, 2015	62,806 shares, last reported balance as of Jan 30, 2015
Gerrit Heske	Mar 18, 2014	57,702 shares, last reported balance as of Mar 14, 2014
Kaay Van Der	Apr 26, 2013	112,038 shares, last reported balance as of Apr 24, 2013
Raymond Seabrook	Jan 2, 2013	363,946 shares, last reported balance as of Dec 31, 2012
David Westerlund	Oct 3, 2011	461,756 shares, last reported balance as of Sep 30, 2011
Harold Sohn	Feb 28, 2011	348,180 shares, last reported balance as of Feb 25, 2011
John Friedery	Feb 11, 2010	378,318 shares, last reported balance as of Jan 26, 2010
Howard Dean	Apr 24, 2008	140,440 shares, last reported balance as of Apr 23, 2008
George Sissel	Apr 26, 2007	977,336 shares, last reported balance as of Apr 25, 2007
William Stiritz	Sep 19, 2005	4,326,832 shares, last reported balance as of Sep 15, 2005
Donald Lewis	May 19, 2005	247,312 shares, last reported balance as of May 18, 2005
Leon Midgett	Apr 30, 2004	339,064 shares, last reported balance as of Apr 30, 2004
Frank Bracken	Apr 29, 2004	4,765,280 shares, last reported balance as of Apr 28, 2004
Darlene Nicosia		No balance on record
Sherry Buck		No balance on record

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.

Ball Corporation insiders sold $2.3M in the past 12 months. How much of their stake is that?

What stands out

Who sold, and how much of their stake

Selling by month

Common questions

Is the Ball Corporation CEO selling stock?

Why are Ball Corporation insiders selling?

Are any Ball Corporation insiders buying?

How much of their stake did Ball Corporation insiders sell?

The evidence

No plan disclosed · $2.3M

Taxes

Purchases · 1 buyer (1 trade)

Sales by month