STOCK TITAN

Silgan (SLGN) awards 9,200 performance stock units to CAO

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Silgan Holdings reported that SVP & Chief Accounting Officer Kimberly Irene Ulmer acquired 9,200 shares of common stock on a grant/award basis, with no cash paid per share. These shares relate to a performance award of 9,200 restricted stock units granted on March 1, 2025 under Silgan’s stock incentive plan.

The footnotes explain that the 2025 performance criteria were met after the company finalized its audited 2025 financial statements, so the units are no longer subject to cancellation. They vest in equal installments on March 1 of 2026, 2027 and 2028 and will settle 1-for-1 in common stock. After this transaction, Ulmer directly holds 114,521 shares, including 55,206 restricted stock units that remain unvested.

Positive

  • None.

Negative

  • None.
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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ulmer Kimberly Irene

(Last) (First) (Middle)
C/O SILGAN HOLDINGS INC.
601 MERRITT 7, FLOOR 1

(Street)
NORWALK CT 06851

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SILGAN HOLDINGS INC [ SLGN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP & Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
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 02/26/2026 A 9,200 A (1) 114,521(2) 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
Explanation of Responses:
1. On March 1, 2025, the reporting person was granted a performance award of 9,200 restricted stock units under the Silgan Holdings Inc. Second Amended and Restated 2004 Stock Incentive Plan, subject to the satisfaction of certain performance criteria for the Issuer's 2025 fiscal year. The performance criteria for the Issuer's 2025 fiscal year was determined to have been met upon the finalization of the Issuer's audited financial statements for 2025. Accordingly, these restricted stock units are no longer subject to cancellation. These restricted stock units vest ratably beginning on March 1, 2026 and on each March 1 thereafter through March 1, 2028 and will be settled in shares of Common Stock on a 1-for-1 basis.
2. This amount includes 55,206 restricted stock units that are not yet vested that have been granted under equity compensation plans of Silgan Holdings Inc. Upon vesting, these restricted stock units will be settled in shares of Common Stock on a 1-for-1 basis.
Remarks:
/s/ Kimberly I. Ulmer 02/27/2026
** 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 Silgan Holdings (SLGN) report for Kimberly Irene Ulmer?

Silgan reported that SVP & Chief Accounting Officer Kimberly Irene Ulmer acquired 9,200 shares of common stock via a grant of restricted stock units. The award carried a zero dollar per-share price and reflects equity compensation rather than an open-market purchase.

What is the origin of the 9,200 restricted stock units granted to Silgan’s Ulmer?

The 9,200 restricted stock units were granted on March 1, 2025 under Silgan Holdings’ Second Amended and Restated 2004 Stock Incentive Plan. They were tied to performance criteria for Silgan’s 2025 fiscal year, which were deemed satisfied after finalizing 2025 audited financial statements.

How do the 9,200 restricted stock units for Silgan (SLGN) vest and settle?

These 9,200 restricted stock units vest ratably on March 1, 2026 and on each March 1 through March 1, 2028. Upon vesting, each unit will be settled in one share of Silgan Holdings common stock on a 1-for-1 basis, increasing delivered share ownership over time.

Were Silgan’s 2025 performance criteria met for Ulmer’s restricted stock unit award?

Yes. The filing states that Silgan’s 2025 performance criteria were determined to have been met once the company finalized its audited financial statements for 2025. As a result, Ulmer’s 9,200 restricted stock units are no longer subject to cancellation based on those performance conditions.

How many Silgan (SLGN) shares does Kimberly Ulmer hold after this Form 4 transaction?

After this transaction, Ulmer directly holds 114,521 shares of Silgan common stock. This total includes 55,206 restricted stock units that are not yet vested and will convert into common shares on a 1-for-1 basis when the vesting conditions are satisfied under the company’s equity plans.

Does the Silgan Form 4 indicate any open-market buying or selling by Ulmer?

No. The transaction is coded as a grant, award, or other acquisition, with a per-share price of zero dollars. This indicates equity compensation rather than an open-market purchase or sale, and therefore does not represent cash trading activity in Silgan Holdings stock by Ulmer.
Silgan Holdings Inc

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United States
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