Silgan (SLGN) director gets 3,254 RSUs, holdings reach 5,516 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Miller Shannon reported acquisition or exercise transactions in this Form 4 filing.
Silgan Holdings director Shannon Miller received 3,254 restricted stock units of Common Stock as a grant on May 27, 2026. The award was made under the Silgan Holdings Inc. Second Amended and Restated 2004 Stock Incentive Plan and carries no cash purchase price.
The restricted stock units will vest in full on the date of the next annual meeting of stockholders and will then be settled in shares of Common Stock on a 1-for-1 basis. Following this grant, Miller directly holds 5,516 shares of Silgan Holdings Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Miller Shannon
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,254 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,516 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 3,254 units
Shares after grant: 5,516 shares
Grant price: $0.0000 per share
+1 more
4 metrics
RSUs granted
3,254 units
Restricted stock units granted on May 27, 2026
Shares after grant
5,516 shares
Total Common Stock directly held after the award
Grant price
$0.0000 per share
Reported transaction price per share for the award
Settlement ratio
1-for-1
Each restricted stock unit converts into one Common Stock share at vesting
Key Terms
restricted stock units, Stock Incentive Plan, vested, settled in shares of Common Stock
4 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.
Stock Incentive Plan financial
"pursuant to the Silgan Holdings Inc. Second Amended and Restated 2004 Stock Incentive Plan, as amended"
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
vested financial
"and become fully vested on the date of the next annual meeting of stockholders"
FAQ
What did Shannon Miller acquire in the latest SLGN Form 4 filing?
Shannon Miller received a grant of 3,254 restricted stock units of Silgan Holdings Common Stock. These units were awarded at no cash cost as part of the company’s long-term equity incentive compensation.
When do Shannon Miller’s new SLGN restricted stock units vest?
The 3,254 restricted stock units vest in full on the date of the next annual meeting of stockholders of Silgan Holdings. At vesting, each unit converts into one share of Common Stock.
What plan governs Shannon Miller’s new SLGN restricted stock grant?
The award was granted under the Silgan Holdings Inc. Second Amended and Restated 2004 Stock Incentive Plan, as amended. This plan provides equity-based compensation such as restricted stock units to eligible participants.
How will Shannon Miller’s SLGN restricted stock units be settled at vesting?
Upon vesting, the restricted stock units will be settled in shares of Common Stock on a 1-for-1 basis. This means each unit converts into one Silgan Holdings Common Stock share.