Form 4: Director Anthony Allott Receives Silgan Holdings Equity
Statement of Changes in Beneficial Ownership
Silgan Holdings Inc. director Anthony J. Allott was granted 3,254 restricted stock units as part of the company's incentive plan.
Summary
- Director Anthony J. Allott acquired 3,254 restricted stock units (RSUs) on May 27, 2026.
- The grant was issued under the Silgan Holdings Inc. Second Amended and Restated 2004 Stock Incentive Plan.
- Following this transaction, the director's total beneficial ownership of common stock increased to 373,027 shares.
- The RSUs are scheduled to vest fully on the date of the company's next annual meeting of stockholders.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing regarding standard director compensation.
Positives
- Alignment of director interests with long-term shareholder value through equity-based compensation.
- Increase in total beneficial ownership by a member of the board.
Negatives
- None identified; this is a standard equity compensation disclosure.
Risks
- None identified; this is a standard equity compensation disclosure.
Future Outlook
The restricted stock units will settle in common stock on a 1-for-1 basis upon vesting at the next annual meeting of stockholders.
Industry Context
StockSavvy.ai notes that equity grants to directors are a standard corporate governance practice in the packaging industry to ensure board members maintain a vested interest in company performance.
Comparison to Industry Standards
- The grant structure is consistent with standard executive and director compensation packages for mid-to-large cap manufacturing firms.
- The use of RSUs as a retention and alignment tool is common practice among S&P 400 components.
Stakeholder Impact
- Minimal impact on shareholders as this represents a standard equity incentive grant.
Next Steps
- Vesting of the 3,254 restricted stock units at the next annual meeting of stockholders.
Key Dates
| Date | Description |
|---|---|
| 05/27/2026 | Date of the restricted stock unit grant transaction. |
| 05/29/2026 | Date the Form 4 filing was submitted to the SEC. |
Keywords
Silgan Holdings, SLGN, Form 4, Insider Trading, Director Compensation, Restricted Stock Units
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