Form 4: Silgan Holdings Inc. Executive Stacey J. McGrath Reports Stock Disposal
SEC Filing
Stacey J. McGrath, Vice President, Tax at Silgan Holdings Inc., reports the disposal of 979 shares of common stock to cover tax obligations.
Summary
- On March 1, 2025, Stacey J. McGrath, Vice President, Tax at Silgan Holdings Inc., disposed of 979 shares of common stock.
- The transaction was executed at a price of $54 per share.
- Following the transaction, McGrath directly owns 10,515.7181 shares of Silgan Holdings Inc.
- This amount includes 8,320 restricted stock units that are not yet vested and will be settled in shares of Common Stock on a 1-for-1 basis upon vesting.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to an insider transaction. The sentiment is neutral as it simply reports a stock disposal.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their transactions in company stock. This filing indicates a transaction by an officer of Silgan Holdings.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a relatively small disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of stock disposal transaction |
| 03/04/2025 | Date of signature on the Form 4 filing |
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