Form 4: Silgan Holdings Director Leigh J. Abramson Reports Stock Transactions

Director Leigh J. Abramson reports acquisition of restricted stock units and disposal of common stock in Silgan Holdings Inc.

Summary

• Leigh J. Abramson, a director of Silgan Holdings Inc., filed a Form 4 with the SEC.
• The report details transactions involving Silgan Holdings Inc. common stock.
• On May 29, 2024, Abramson acquired 2,712 shares of common stock through restricted stock units.
• These restricted stock units were granted under the Silgan Holdings Inc. Second Amended and Restated 2004 Stock Incentive Plan.
• The restricted stock units will fully vest on the date of the next annual meeting of stockholders and will be settled in shares of Common Stock on a 1-for-1 basis upon vesting.
• Abramson also disposed of 7,500 shares of common stock held indirectly through a trust.
• Following these transactions, Abramson directly owns 20,937 shares of common stock.
• Abramson also indirectly owns shares through a trust.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by a company director, with no inherent positive or negative sentiment.

Future Outlook

The restricted stock units will be settled in shares of Common Stock on a 1-for-1 basis upon vesting at the next annual meeting of stockholders.

Industry Context

Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates