Form 4: Silgan Holdings Inc. President and CEO Adam J. Greenlee Reports Sale of Common Stock
SEC Form 4 Filing
Adam J. Greenlee, President and CEO of Silgan Holdings Inc., reported selling 125,000 shares of common stock at an average price of $54.7261 on February 24, 2025.
Summary
- On February 24, 2025, Adam J. Greenlee, the President and CEO of Silgan Holdings Inc., sold 125,000 shares of common stock.
- The sale was executed at an average price of $54.7261 per share.
- Following the transaction, Greenlee directly owns 227,332 shares of Silgan Holdings Inc.
- This amount includes 167,574 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 detailing a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions, which can be closely watched by investors for signals about a company's prospects.
Stakeholder Impact
- Shareholders may interpret the stock sale as a signal, although it's a single transaction and could be for personal financial reasons.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of stock sale transaction. |
| 02/26/2025 | Date of signature on the Form 4 filing. |
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