Silgan (NYSE: SLGN) director awarded 3,254 RSUs, updates share holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ABRAMSON LEIGH J reported acquisition or exercise transactions in this Form 4 filing.
Silgan Holdings Inc. director Leigh J. Abramson reported an equity compensation grant and updated holdings. Abramson received 3,254 restricted stock units of Common Stock on May 27, 2026 as a grant that carries no cash purchase price. These restricted stock units vest in full on the date of the next annual meeting of stockholders and will be settled in shares of Common Stock on a 1‑for‑1 basis upon vesting. After this grant, Abramson directly holds 26,453 shares of Common Stock and indirectly holds 7,500 shares through a trust, reflecting a routine increase in equity-based compensation rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
ABRAMSON LEIGH J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,254 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 26,453 shares (Direct, null);
Common Stock — 7,500 shares (Indirect, By Trust)
Footnotes (1)
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Key Figures
RSUs granted: 3,254 units
Grant price: $0.00 per unit
Direct holdings after grant: 26,453 shares
+1 more
4 metrics
RSUs granted
3,254 units
Restricted stock units granted May 27, 2026
Grant price
$0.00 per unit
Restricted stock unit award price
Direct holdings after grant
26,453 shares
Common Stock directly held following transactions
Indirect holdings via trust
7,500 shares
Common Stock held indirectly by trust
Key Terms
restricted stock units, Second Amended and Restated 2004 Stock Incentive Plan, 1-for-1 basis
3 terms
restricted stock units financial
"These securities are restricted stock units that were granted on May 27, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Second Amended and Restated 2004 Stock Incentive Plan financial
"pursuant to the Silgan Holdings Inc. Second Amended and Restated 2004 Stock Incentive Plan"
1-for-1 basis financial
"will be settled in shares of Common Stock on a 1-for-1 basis upon vesting"
FAQ
What did Leigh J. Abramson report in this Silgan (SLGN) Form 4 filing?
Leigh J. Abramson reported receiving an equity grant and updated share holdings. The filing shows a grant of 3,254 restricted stock units and revised direct and indirect ownership positions in Silgan Holdings Inc. Common Stock as of May 27, 2026.
How many Silgan (SLGN) restricted stock units were granted to Leigh J. Abramson?
Abramson was granted 3,254 restricted stock units of Silgan Common Stock. According to the disclosure, these units were awarded at a price of $0.00 per unit as director compensation under Silgan Holdings Inc.’s Second Amended and Restated 2004 Stock Incentive Plan.
When do Leigh J. Abramson’s new Silgan (SLGN) restricted stock units vest?
The restricted stock units become fully vested on the date of Silgan’s next annual meeting of stockholders. Upon vesting, each of the 3,254 restricted stock units will be settled in one share of Silgan Holdings Inc. Common Stock on a 1‑for‑1 basis.
Were there any open-market purchases or sales by Leigh J. Abramson in Silgan (SLGN)?
No open-market purchases or sales are reported in this Form 4. The filing shows an award of 3,254 restricted stock units as compensation and one holding entry for 7,500 indirectly held shares, with no buy or sell transaction codes disclosed.
How will Leigh J. Abramson’s Silgan (SLGN) restricted stock units be settled?
The restricted stock units will be settled in Silgan Common Stock on a 1‑for‑1 basis upon vesting. This means each of the 3,254 units converts into one share of Common Stock once they fully vest at the next annual stockholder meeting.