[Form 4] SILGAN HOLDINGS INC Insider Trading Activity
Rhea-AI Filing Summary
Silgan Holdings EVP & COO Philippe Chevrier reported an equity award of 48,000 restricted stock units (RSUs) tied to company performance for 2025. The RSUs were granted under Silgan Holdings Inc. Second Amended and Restated 2004 Stock Incentive Plan and are reflected as an acquisition of Common Stock at a price of $0.00 per share.
The performance criteria for the company’s 2025 fiscal year were determined to have been met after finalizing audited 2025 financial statements, so these RSUs are no longer subject to cancellation. They vest in equal installments on March 1, 2026 and on each March 1 through March 1, 2028, and will be settled in shares of Common Stock on a 1-for-1 basis. Following this award, Chevrier holds 90,000 unvested RSUs that will be settled in Common Stock upon vesting.
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Insights
Equity grant rewards 2025 performance with multi‑year vesting.
The filing shows Philippe Chevrier, EVP & Chief Operating Officer of Silgan Holdings Inc., receiving 48,000 restricted stock units as a performance-based equity award for the 2025 fiscal year. The grant is recorded at a transaction price of $0.00 per share, consistent with a compensation award rather than an open-market purchase.
The performance criteria for 2025 were confirmed as met once audited financial statements were finalized, which removed the cancellation risk on this RSU award. The units vest ratably on March 1, 2026, and on each March 1 through March 1, 2028, and will settle into Common Stock on a 1-for-1 basis.
After this grant, Chevrier is shown as holding 90,000 unvested RSUs that will convert into Common Stock upon vesting, aligning a portion of his future compensation with the company’s share performance over the next several years. This is a routine executive equity incentive and does not on its own indicate a change in the company’s outlook.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 48,000 | $0.00 | -- |
Footnotes (1)
- On March 1, 2025, the reporting person was granted a performance award of 48,000 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 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. This amount consists of 90,000 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.