Form 4: Director Brad A. Lich Receives Silgan Holdings Stock Grant

Silgan Holdings Inc. director Brad A. Lich was granted 3,254 restricted stock units as part of the company's incentive plan.

Summary

• Director Brad A. Lich acquired 3,254 restricted stock units (RSUs) of Silgan Holdings Inc. (SLGN) 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 reporting person's total beneficial ownership of common stock increased to 22,587 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 routine regulatory disclosure regarding director compensation, which is neutral in terms of immediate market impact.

Positives

• Alignment of director interests with shareholders through equity-based compensation.
• Increase in total beneficial ownership by a member of the board of directors.

Negatives

• None identified.

Risks

• Vesting of equity is contingent upon continued service until the next annual meeting of stockholders.

Future Outlook

The restricted stock units will be settled in shares of 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 standard corporate governance practices designed to align leadership incentives with long-term shareholder value in the packaging and manufacturing sector.

Comparison to Industry Standards

• The use of restricted stock units as a component of director compensation is consistent with standard practices for S&P 400 and similar mid-cap industrial companies.
• The 1-for-1 settlement structure is a standard mechanism for equity incentive plans.

Corporate Governance

Stakeholder Impact

• Shareholders: Minimal impact; reflects standard director compensation practices.

Next Steps

• Vesting of the 3,254 restricted stock units at the next annual meeting of stockholders.

Key Dates

Keywords

Silgan Holdings, SLGN, Form 4, Insider Trading, Director Compensation, Restricted Stock Units