Silgan (SLGN) COO granted 12,200 RSUs, uses 9,737 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Silgan Holdings EVP & COO Philippe Chevrier reported equity compensation-related transactions. On March 1, 2026, 9,737 shares of Common Stock were disposed of at $47.57 per share in a tax-withholding disposition tied to equity awards.
On the same date, he acquired 12,200 restricted stock units as a grant under the Silgan Holdings Inc. Second Amended and Restated 2004 Stock Incentive Plan. These units vest ratably over a 5-year period beginning on March 1, 2027 and settle 1-for-1 in Common Stock upon vesting. Following these transactions, his directly held Common Stock totaled 92,463 shares, and footnotes indicate 77,800 unvested restricted stock units outstanding under company equity plans.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Chevrier Philippe
Role
EVP & Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 9,737 | $47.57 | $463K |
| Grant/Award | Common Stock | 12,200 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 80,263 shares (Direct)
Footnotes (1)
- These securities are restricted stock units that were granted on March 1, 2026 under the Silgan Holdings Inc. Second Amended and Restated 2004 Stock Incentive Plan. These restricted stock units vest ratably over a 5 year period beginning on March 1, 2027 and will be settled in shares of Common Stock on a 1-for-1 basis upon vesting. This amount consists of 77,800 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.
FAQ
What insider transactions did Silgan (SLGN) EVP & COO Philippe Chevrier report?
Philippe Chevrier reported a tax-withholding disposition of 9,737 Silgan common shares and a grant of 12,200 restricted stock units. Both transactions occurred on March 1, 2026 and relate to his equity compensation under Silgan’s stock incentive plan.
What equity award did Philippe Chevrier receive from Silgan (SLGN)?
He received 12,200 restricted stock units granted under the Silgan Holdings Inc. Second Amended and Restated 2004 Stock Incentive Plan. These units vest in equal annual installments over five years starting March 1, 2027 and settle in one share of Common Stock each.
How do Philippe Chevrier’s Silgan (SLGN) restricted stock units vest?
The newly granted 12,200 restricted stock units vest ratably over five years, beginning March 1, 2027. Upon each vesting date, the units will be settled in Silgan Common Stock on a one-for-one basis, reflecting standard long-term equity incentive structure.
What does transaction code F mean in the Silgan (SLGN) Form 4 filing?
Transaction code F indicates payment of exercise price or tax liability by delivering securities. In this case, 9,737 Silgan shares were used to satisfy tax-withholding obligations connected to equity compensation, rather than representing a discretionary open-market stock sale.