Form 4: Silgan Holdings Inc. Executive Acquires 17,000 Shares of Common Stock

Frank W. Hogan III, EVP, Gen. Counsel & Sec. of Silgan Holdings Inc., reports the acquisition of 17,000 shares of common stock following the vesting of restricted stock units.

Summary

• On February 27, 2025, Frank W. Hogan III, EVP, Gen. Counsel & Sec. of Silgan Holdings Inc., acquired 17,000 shares of common stock.
• This acquisition is a result of a performance award of restricted stock units granted on March 1, 2024, under the Silgan Holdings Inc. Second Amended and Restated 2004 Stock Incentive Plan.
• The performance criteria for the Issuer's 2024 fiscal year was determined to have been met upon the finalization of the Issuer's audited financial statements for 2024.
• These restricted stock units vest ratably beginning on March 1, 2025, and on each March 1 thereafter through March 1, 2027, and will be settled in shares of Common Stock on a 1-for-1 basis.
• Following the transaction, Hogan directly owns 295,734 shares of Silgan Holdings Inc., which includes 54,833 unvested restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The document simply reports a routine transaction related to executive compensation. The vesting of restricted stock units suggests the company met its performance targets, which is mildly positive.

Positives

• The vesting of restricted stock units indicates that the company met its performance criteria for the 2024 fiscal year, which could be seen as a positive sign.

Future Outlook

The restricted stock units will continue to vest ratably on March 1 of each year through March 1, 2027.

Industry Context

Executive stock ownership is a common practice in publicly traded companies to align management's interests with those of shareholders. This Form 4 filing is a routine disclosure required by the SEC.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder confidence as it demonstrates management's continued investment in the company.

Key Dates