Form 4: Director Shannon Miller Receives Silgan Holdings Equity

Director Shannon Miller was granted 3,254 restricted stock units in Silgan Holdings Inc. on May 27, 2026.

Summary

• Director Shannon Miller acquired 3,254 restricted stock units (RSUs) of Silgan Holdings Inc. (SLGN).
• The grant was issued under the Silgan Holdings Inc. Second Amended and Restated 2004 Stock Incentive Plan.
• The RSUs will vest fully on the date of the next annual meeting of stockholders.
• Following this transaction, the reporting person holds a total of 5,516 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation with no material impact on the company's financial outlook.

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 on the date of the next annual meeting of stockholders, at which point they will be settled in common stock on a 1-for-1 basis.

Industry Context

StockSavvy.ai notes that equity grants to directors are standard corporate governance practices designed to incentivize long-term oversight and alignment with shareholder interests in the packaging industry.

Comparison to Industry Standards

• The use of restricted stock units as a component of director compensation is consistent with standard practices for mid-to-large cap manufacturing and packaging companies.
• Vesting schedules tied to annual meetings are a common mechanism to ensure director retention and continuity.

Corporate Governance

Stakeholder Impact

• Shareholders: Minimal impact; represents standard director compensation.

Next Steps

• Vesting of 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