Form 4: Silgan Holdings Inc. Executive B. Frederik Prinzen Reports Stock Sale
SEC Form 4 Filing
B. Frederik Prinzen, a Senior Vice President at Silgan Holdings Inc., reported the sale of 2,378 shares of common stock at a price of $54.05 on May 6, 2025.
Summary
- On May 6, 2025, B. Frederik Prinzen, a Senior Vice President at Silgan Holdings Inc., sold 2,378 shares of common stock.
- The sale price was $54.05 per share.
- Following the transaction, Prinzen directly owns 1,380 shares, consisting of restricted stock units that are not yet vested.
- These restricted stock units 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 SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment about the company's prospects.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's performance. It is important to consider the overall context of insider transactions when evaluating their significance.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, depending on the overall volume of trading and market perception of insider transactions.
Key Dates
| Date | Description |
|---|---|
| 05/06/2025 | Date of stock sale transaction. |
| 05/08/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Silgan Holdings Inc, Stock Sale, Executive, SLGN, Prinzen, Beneficial Ownership
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