[Form 4] SILGAN HOLDINGS INC Insider Trading Activity
Rhea-AI Filing Summary
Silgan Holdings EVP & CFO Shawn C. Fabry reported an equity award tied to the company’s 2025 performance. He acquired 25,000 shares of Common Stock-equivalent on a grant/award basis at $0.00 per share, reflecting a performance-based restricted stock unit award that is no longer subject to cancellation.
The award was originally granted on March 1, 2025 as 25,000 performance restricted stock units under Silgan’s stock incentive plan, with performance criteria for fiscal 2025 subsequently determined to have been met. These units vest in a single tranche on March 1, 2030 and will be settled 1-for-1 in Common Stock.
After this transaction, Fabry directly holds 77,513 shares/units of Silgan equity, which includes 48,600 unvested restricted stock units that will each settle into one share of Common Stock upon vesting under the company’s equity compensation plans.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,000 | $0.00 | -- |
Footnotes (1)
- On March 1, 2025, the reporting person was granted a performance award of 25,000 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 all at once on March 1, 2030 and will be settled in shares of Common Stock on a 1-for-1 basis. This amount includes 48,600 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.