Form 4: Silgan Holdings Inc. Executive B. Frederik Prinzen Reports Stock Disposal
SEC Form 4 Filing
B. Frederik Prinzen, a Senior Vice President at Silgan Holdings Inc., reported the disposal of 762 shares of common stock on March 1, 2025, to cover tax obligations related to vested restricted stock units.
Summary
- On March 1, 2025, B. Frederik Prinzen, a Senior Vice President at Silgan Holdings Inc., disposed of 762 shares of common stock.
- The transaction was executed at a price of $54 per share.
- Following the transaction, Prinzen directly owns 3,758 shares of Silgan Holdings Inc.
- This amount includes 1,380 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.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing represents a routine transaction related to tax obligations and does not indicate any significant change in the executive's confidence in the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a routine transaction related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of stock disposal transaction |
| 03/04/2025 | Date of Form 4 filing |
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