STOCK TITAN

Silgan (NYSE: SLGN) director receives 3,254 restricted stock units as equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Ramdev Niharika reported acquisition or exercise transactions in this Form 4 filing.

Silgan Holdings Inc. director Niharika Ramdev received a compensation grant of 3,254 restricted stock units of Common Stock. The award was granted on May 27, 2026 at no cash cost to the director and increases her direct holdings to 12,610 shares.

The restricted stock units were issued under the Silgan Holdings Inc. Second Amended and Restated 2004 Stock Incentive Plan and will become fully vested on the date of the company’s next annual meeting of stockholders. Once vested, they will settle into an equal number of Silgan common shares on a 1-for-1 basis.

Positive

  • None.

Negative

  • None.

Insights

Routine director equity grant aligns compensation with shareholder returns.

The filing shows director Niharika Ramdev received 3,254 restricted stock units as part of Silgan’s stock incentive plan. This is a non-cash, compensation-related acquisition rather than an open-market purchase or sale, so it carries limited signaling value about the director’s view of the stock.

The units vest in full at the next annual stockholders’ meeting and then convert 1-for-1 into common shares, modestly increasing her equity stake to 12,610 shares. Such time-based director grants are typical for board compensation and primarily serve to align directors’ interests with long-term shareholder value.

Insider Ramdev Niharika
Role null
Type Security Shares Price Value
Grant/Award Common Stock 3,254 $0.00 --
Holdings After Transaction: Common Stock — 12,610 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 3,254 units Restricted stock units of Common Stock granted May 27, 2026
Grant price $0.00 per unit Reported transaction price for RSU award
Post-grant holdings 12,610 shares Total Common Stock beneficially owned following transaction
Transaction code A Grant, award, or other acquisition of non-derivative Common Stock
Vesting trigger Next annual meeting RSUs fully vest on date of next annual stockholders’ meeting
Settlement ratio 1-for-1 Each restricted stock unit settles into one share of Common Stock
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..."
become fully vested financial
"...and become fully vested on the date of the next annual meeting of stockholders..."
settled in shares of Common Stock financial
"These restricted stock units will be settled in shares of Common Stock on a 1-for-1 basis..."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ramdev Niharika

(Last)(First)(Middle)
C/O SILGAN HOLDINGS INC.
601 MERRITT 7, FLOOR 1

(Street)
NORWALK CONNECTICUT 06851

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SILGAN HOLDINGS INC [ SLGN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/27/2026A3,254A(1)12,610D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These securities are restricted stock units that were granted on May 27, 2026 pursuant to the Silgan Holdings Inc. Second Amended and Restated 2004 Stock Incentive Plan, as amended, and become fully vested on the date of the next annual meeting of stockholders of Silgan Holdings Inc. These restricted stock units will be settled in shares of Common Stock on a 1-for-1 basis upon vesting.
Remarks:
/s/ Frank W. Hogan, III, Attorney-in-fact for Niharika Ramdev05/29/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Silgan Holdings (SLGN) report for Niharika Ramdev?

Silgan reported that director Niharika Ramdev received a grant of 3,254 restricted stock units of Common Stock as equity compensation, rather than buying shares in the open market. The award was recorded at a price of $0.00 per unit.

How many Silgan (SLGN) shares does Niharika Ramdev hold after this Form 4?

After the grant, director Niharika Ramdev is reported to beneficially own 12,610 shares of Silgan Common Stock directly. This total includes the newly awarded 3,254 restricted stock units, which will convert into common shares once they vest.

What are the vesting terms of Niharika Ramdev’s new Silgan restricted stock units?

The 3,254 restricted stock units granted to director Niharika Ramdev become fully vested on the date of Silgan Holdings Inc.’s next annual meeting of stockholders. After vesting, they will be settled in shares of Common Stock on a 1-for-1 basis.

Under which plan were the new Silgan (SLGN) restricted stock units granted?

The restricted stock units reported in this Form 4 were granted under the Silgan Holdings Inc. Second Amended and Restated 2004 Stock Incentive Plan, as amended. This plan provides equity-based compensation awards such as restricted stock units to directors and other eligible participants.

Did Niharika Ramdev buy or sell Silgan (SLGN) shares in the open market?

No open-market trades are reported. The Form 4 shows an acquisition coded “A”, reflecting a grant or award of 3,254 restricted stock units at $0.00 per unit as compensation, not a discretionary purchase or sale on the market.