Form 4: Silgan Holdings Inc. Executive Robert B. Lewis Reports Changes in Beneficial Ownership

Robert B. Lewis, EVP at Silgan Holdings Inc., reports a transaction involving common stock, resulting in adjusted beneficial ownership.

Summary

• On March 1, 2025, Robert B. Lewis, an Executive Vice President at Silgan Holdings Inc., reported a transaction involving the company's common stock.
• The transaction involved the disposition of 13,755 shares at a price of $54.
• Following the transaction, Lewis directly owns 163,378 shares of Silgan Holdings Inc.
• This amount includes 46,314 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.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports a transaction.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in company stock. It's a standard practice for executives to manage their equity holdings, and these transactions don't necessarily indicate a change in the company's prospects.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders.
• The information provided is consistent with SEC regulations and reporting requirements.
• Comparable companies like Crown Holdings and Ball Corporation also have executives who regularly file Form 4s to report changes in their stock ownership.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership, but it's unlikely to be significant.
• The transaction does not directly impact employees, customers, suppliers, or creditors.

Key Dates