Filing Details
- Accession Number:
- 0000892712-25-000043
- Form Type:
- 13D Filing
- Publication Date:
- 2025-03-23 20:00:00
- Filed By:
- PARNASSUS INVESTMENTS, LLC
- Company:
- Ball Corp (NYSE:BALL)
- Filing Date:
- 2025-03-24
- SEC Url:
- 13D Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| PARNASSUS INVESTMENTS, LLC | 15,855,875 | 0 | 15,855,875 | 0 | 15,855,875 | 5.6% |
Filing
|
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
|
BALL Corp (Name of Issuer) |
Common Stock (Title of Class of Securities) |
058498106 (CUSIP Number) |
John V. Skidmore II 1 Market Street, Suite 1600 San Francisco, CA, 94105 415-778-2631 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
03/24/2025 (Date of Event Which Requires Filing of This Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).
SCHEDULE 13D
|
| CUSIP No. | 058498106 |
| 1 |
Name of reporting person
PARNASSUS INVESTMENTS, LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
 (a)
(b)
| ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
CALIFORNIA
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
15,855,875.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
5.6 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IA |
SCHEDULE 13D
|
| Item 1. | Security and Issuer |
| (a) | Title of Class of Securities:
Common Stock |
| (b) | Name of Issuer:
BALL Corp |
| (c) | Address of Issuer's Principal Executive Offices:
9200 W. 108TH CIRCLE, WESTMINSTER,
COLORADO
, 80021. |
| Item 2. | Identity and Background |
| (a) | Parnassus Investments, LLC (the "Reporting Person") |
| (b) | 1 Market Street, Suite 1600
San Francisco, California 94105 |
| (c) | The Reporting Person is an SEC registered investment adviser.
The Reporting Person provides investment advisory services to a variety of clients (collectively, the "Client Accounts"). As investment adviser to the Client Accounts, the Reporting Person has the authority to invest the funds of the Client Accounts in securities (including shares of Common Stock of Ball Corporation, the "Company"), as well as the authority to purchase, vote and dispose of such securities, and thus may be deemed to be the beneficial owner of the shares of the Company's Common Stock held by the Reporting Person on behalf of such Client Accounts. |
| (d) | During the last five years, the Reporting Person has not been convicted in a criminal proceeding. |
| (e) | During the last five years, the Reporting Person has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction which resulted in a judgement, decree or final order enjoining future violations of, or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. |
| (f) | Parnassus Investments, LLC is a California limited liability company. |
| Item 3. | Source and Amount of Funds or Other Consideration |
All shares of Common Stock of the Company held by the Reporting Person on behalf of Client Accounts were purchased with funds provided by the Client Accounts. | |
| Item 4. | Purpose of Transaction |
All securities have been acquired for investment purposes only by the Reporting Person on behalf of Client Accounts.
From time to time, the Reporting Person and its affiliates may engage in discussions with management, the board of directors (the "Board"), and stockholders of the Company and other relevant parties regarding business practices and governance policies of the Company. The Reporting Person intends to monitor the performance and corporate governance of the Company, as well as the actions of the Company's management and Board and will assert stockholder rights as deemed necessary. Other than as described in this paragraph, the Reporting Person has no present plans or proposals that relate to or would result in any of the actions enumerated in Item 4 of Schedule 13D.
The Reporting Person may from time to time acquire additional shares of Common Stock of the Company in open market transactions. Alternatively, the Reporting Person may sell all or a portion of the Common Stock reported on this Schedule 13D. In addition, the Reporting Person may formulate other purposes, plans or proposals regarding the Company or its Common Stock to the extent the Reporting Person deems advisable in light of general investment and trading policies, market conditions and other factors. | |
| Item 5. | Interest in Securities of the Issuer |
| (a) | See Items 11 and 13 of the cover pages.
|
| (b) | See Items 7, 8, 9 and 10 of the cover pages. |
| (c) | See Annex 1 attached hereto containing a record of transactions in the Company's Common Stock in the past 60 days. |
| (d) | The Common Stock reported herein was acquired by the Reporting Person on behalf of Client Accounts. Therefore, the Client Accounts are the beneficial owners of such Common Stock. |
| (e) | Not applicable.
To the best of the Reporting Person's knowledge, no Client Accounts own more than 5% of the shares of the Company Common Stock presently outstanding. |
| Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer |
See Item 4 disclosure, above. | |
| Item 7. | Material to be Filed as Exhibits. |
Annex 1 - Transactions in Common Stock of Company During Past Sixty (60) Days |
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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