Form 4: Director Fiona Cleland Nielsen Receives Silgan Stock Grant

Silgan Holdings Inc. director Fiona Cleland Nielsen was granted 3,254 restricted stock units as part of the company's incentive plan.

Summary

• Director Fiona Cleland Nielsen 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.
• The RSUs vest fully on the date of the next annual meeting of stockholders.
• Following this transaction, the director's total beneficial ownership of common stock is 8,228 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of market impact.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

The restricted stock units are scheduled to vest in full upon the date of the next annual meeting of stockholders of Silgan Holdings Inc.

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice to ensure board members maintain a vested interest in the company's long-term performance.

Comparison to Industry Standards

• The use of restricted stock units for director compensation is consistent with standard practices among S&P 400 and packaging industry peers.
• Vesting schedules tied to annual meetings are a common mechanism to ensure director retention and alignment.

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