Form 4: Director William T. Donovan Receives Silgan Stock Grant

Silgan Holdings Inc. director William T. Donovan was granted 3,254 restricted stock units as part of the company's incentive plan.

Summary

• Director William T. Donovan 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 will vest fully on the date of the company's next annual meeting of stockholders.
• Following this transaction, the director's total beneficial ownership of common stock is 31,940 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which carries a neutral sentiment.

Positives

• Alignment of director interests with shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

The restricted stock units are scheduled to vest upon 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 performance and align leadership with shareholder value 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 firms.
• The vesting schedule tied to the annual meeting is a common retention and governance mechanism.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity incentive grant.

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