Silgan director granted 3,254 restricted stock units
Ramdev Niharika reported acquisition or exercise transactions in this Form 4 filing.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,254 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
restricted stock units financial
Second Amended and Restated 2004 Stock Incentive Plan financial
become fully vested financial
FAQ
What insider transaction did Silgan Holdings (SLGN) report for Niharika Ramdev?
What are the vesting terms of Niharika Ramdev’s new Silgan restricted stock units?
Under which plan were the new Silgan (SLGN) restricted stock units granted?
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