Silgan Holdings (SLGN) director Anthony Allott receives 3,254 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALLOTT ANTHONY J reported acquisition or exercise transactions in this Form 4 filing.
Silgan Holdings Inc. director Anthony J. Allott received a grant of 3,254 restricted stock units of Common Stock. The award was granted on May 27, 2026 under the company’s Second Amended and Restated 2004 Stock Incentive Plan and was received at no cash cost to him.
The restricted stock units will vest in full on the date of the next annual meeting of stockholders. Upon vesting, they will be settled on a 1-for-1 basis in shares of Common Stock, increasing his directly held shares, which totaled 373,027 after this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ALLOTT ANTHONY J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,254 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 373,027 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 3,254 units
Price per share: $0.0000
Shares after transaction: 373,027 shares
+2 more
5 metrics
RSUs granted
3,254 units
Restricted stock units granted on May 27, 2026
Price per share
$0.0000
Transaction price per share for RSU grant
Shares after transaction
373,027 shares
Total Common Stock held directly after grant
Vesting trigger
Next annual meeting
RSUs become fully vested on date of next annual meeting
Settlement ratio
1-for-1
Each RSU settles into one share of Common Stock upon vesting
Key Terms
restricted stock units, Second Amended and Restated 2004 Stock Incentive Plan, vested, settled in shares
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.
Second Amended and Restated 2004 Stock Incentive Plan financial
"pursuant to the Silgan Holdings Inc. Second Amended and Restated 2004 Stock Incentive Plan, as amended"
vested financial
"become fully vested on the date of the next annual meeting of stockholders"
FAQ
What insider transaction did Silgan Holdings (SLGN) report for Anthony J. Allott?
Silgan Holdings reported that director Anthony J. Allott received a grant of 3,254 restricted stock units of Common Stock. The award was made as equity compensation, not through an open-market purchase, and carries specific vesting conditions before converting into shares.
What are the vesting terms of the new restricted stock units for Silgan Holdings (SLGN)?
The 3,254 restricted stock units granted to Anthony J. Allott become fully vested on the date of the next annual meeting of stockholders. After vesting, each unit will be settled in one share of Silgan Holdings Common Stock under the incentive plan.
Did Anthony J. Allott pay a purchase price for his Silgan Holdings (SLGN) restricted stock units?
No cash purchase price was paid for these units; the Form 4 lists a transaction price per share of 0.0000. This indicates the award is part of equity compensation under the company’s stock incentive plan rather than a market purchase.
Under which plan were the Silgan Holdings (SLGN) restricted stock units granted to Anthony J. Allott?
The restricted stock units were granted under the Silgan Holdings Inc. Second Amended and Restated 2004 Stock Incentive Plan, as amended. This plan governs the terms of the award, including vesting and settlement into Common Stock on a 1-for-1 basis.