Form 4: Silgan Holdings Director Anthony J. Allott Sells 98,394 Shares
SEC Form 4 Filing
Director Anthony J. Allott of Silgan Holdings Inc. sold 98,394 shares of common stock at an average price of $53.91 on November 18, 2024.
Summary
- Anthony J. Allott, a director at Silgan Holdings Inc., sold 98,394 shares of common stock on November 18, 2024.
- The shares were sold at an average price of $53.91, with individual sales prices ranging from $53.53 to $54.185.
- Following the transaction, Allott beneficially owns 456,812 shares, which includes 19,360 unvested restricted stock units.
- These restricted stock units will convert to common stock on a 1-for-1 basis upon vesting.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale by a director, with no indication of positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, which is common for corporate insiders who trade company stock. It does not indicate any specific trend in the industry.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
- There are no specific industry benchmarks to compare this transaction to, as it is an individual director's sale of shares.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder sentiment, but it is not a significant event.
Key Dates
| Date | Description |
|---|---|
| 11/18/2024 | Date of the stock sale transaction. |
| 11/19/2024 | Date of the form filing. |
Keywords
Silgan Holdings, Anthony J. Allott, stock sale, insider trading, common stock, restricted stock units, director
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.