Amcor COO Jean-Marc Galvez Vests 38,155 RSUs with Tax Withholding
Amcor plc
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Filing Summary
=== AMCOR PLC (AMCR) FORM 4 FILING ===
Insider: Jean-Marc Galvez
Title: COO, Global Rigids Packaging Solutions
Date: 2026-10-06
Transaction Summary:
• Type: RSU Vesting & Tax Withholding
• Shares Acquired (Vest): 38,155.20 @ $0.00
• Shares Withheld (Tax): 9,279.00 @ $41.80 ($387,862.20)
• Net Shares Gained: 28,876.20
• Ending Beneficial Ownership: 184,164.80 shares
Significance: Low (Routine compensation vesting and mandatory tax withholding)
Comprehensive Analysis
Executive Summary
On October 8, 2026, Amcor plc filed a Form 4 reporting equity transactions by Jean-Marc Galvez, Chief Operating Officer of Global Rigids Packaging Solutions. The filing reflects the vesting of 38,155.20 restricted stock units (RSUs) on October 6, 2026, alongside an automatic disposition of 9,279 shares valued at $41.80 per share ($387,862.20 in aggregate) to cover associated tax withholding obligations.
Transaction Breakdown
- RSU Settlement (Code M): 38,155.20 ordinary shares were acquired at $0 per share upon the vesting of Amcor RSUs, which were originally granted in exchange for unvested Berry PSUs.
- Tax Withholding (Code F): 9,279 ordinary shares were withheld at a market price of $41.80 to satisfy statutory tax obligations.
- Net Equity Addition: Galvez gained a net of 28,876.20 ordinary shares, bringing his total direct ownership to 184,164.80 ordinary shares.
Market and Trading Assessment
This filing represents standard equity compensation vesting and mandatory tax withholding. Because the transaction was non-discretionary and did not involve open-market sales or purchases, it carries low predictive value for the company's future stock performance.
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