Silgan SVP granted 25,000 performance stock units
Hutter Alexander G reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Hutter Alexander G reported acquisition or exercise transactions in this Form 4 filing.
Silgan Holdings senior vice president Alexander G. Hutter reported an equity award tied to 2025 performance. A performance grant of 25,000 restricted stock units is now earned and will vest in full on March 1, 2030, settling 1-for-1 in common shares.
After this grant, his direct holdings total 43,511 shares of common stock, including 42,400 unvested restricted stock units granted under Silgan’s equity compensation plans.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. This amount includes 42,400 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
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What did Silgan Holdings (SLGN) insider Alexander G. Hutter report on this Form 4?
How many restricted stock units did the Silgan (SLGN) SVP receive and on what terms?
When do Alexander G. Hutter’s new Silgan (SLGN) restricted stock units vest?
Are Alexander G. Hutter’s Silgan (SLGN) restricted stock units already fully earned?
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