Form 4: Silgan Holdings Inc. Executive Stacey J. McGrath Sells 1,600 Shares

Stacey J. McGrath, Vice President of Tax at Silgan Holdings Inc., sold 1,600 shares of common stock at an average price of $49.0356 on August 5, 2024.

Summary

• On August 5, 2024, Stacey J. McGrath, Vice President of Tax at Silgan Holdings Inc., sold 1,600 shares of common stock.
• The sale was executed at an average price of $49.0356 per share.
• Following the transaction, McGrath directly owns 11,494.7181 shares of Silgan Holdings Inc.
• This amount includes 11,440 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: Neutral sentiment as it's a standard disclosure of an insider transaction. The sale itself doesn't necessarily indicate a positive or negative outlook.

Industry Context

This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.

Stakeholder Impact

• The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.

Key Dates