Form 4: Silgan Holdings Director Anthony J. Allott Reports Stock Disposal

Anthony J. Allott, a director at Silgan Holdings Inc., reported the disposal of 20,707 shares of common stock to cover tax obligations related to vested restricted stock units.

Summary

• On March 1, 2024, Anthony J. Allott, a director of Silgan Holdings Inc., disposed of 20,707 shares of common stock.
• The transaction was executed at a price of $43.905 per share.
• This disposal was related to the satisfaction of tax obligations.
• Following the transaction, Allott beneficially owns 556,480 shares of Silgan Holdings Inc.
• This amount includes 22,108 restricted stock units that are not yet vested but will be settled in shares of Common Stock on a 1-for-1 basis upon vesting.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock transaction by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's stock disposal to cover tax obligations, which is a common practice.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders, as it is a routine disposal of shares by a director to cover tax obligations.

Key Dates