Form 4: Silgan Holdings Inc. SVP & CFO Kimberly Ulmer Reports Stock Transactions

Kimberly Ulmer, SVP & CFO of Silgan Holdings Inc., reports the acquisition and disposal of common stock and restricted stock units.

Summary

• On March 1, 2025, Kimberly Ulmer, SVP & CFO of Silgan Holdings Inc. reported transactions involving Silgan Holdings Inc. common stock.
• Ulmer disposed of 6,002 shares of common stock at a price of $54.
• Ulmer acquired 16,900 shares of common stock.
• Following these transactions, Ulmer beneficially owns 104,321 shares of common stock, which includes 46,006 restricted stock units that are not yet vested.
• The 16,900 shares were granted as restricted stock units under the Silgan Holdings Inc. Second Amended and Restated 2004 Stock Incentive Plan.
• These restricted stock units vest ratably over a 5-year period beginning on March 1, 2026, and will be settled in shares of Common Stock on a 1-for-1 basis upon vesting.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating stock transactions by an executive. The grant of restricted stock units is a positive sign, but the disposal of shares is a slightly negative sign.

Positives

• The acquisition of 16,900 restricted stock units indicates a continued alignment of the executive's interests with the company's long-term performance.

Future Outlook

The restricted stock units vest ratably over a 5-year period beginning on March 1, 2026, indicating a long-term incentive structure.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Comparison to Industry Standards

• Stock-based compensation is a common practice among publicly traded companies to align management's interests with those of shareholders.
• The vesting schedule of 5 years is within the typical range for restricted stock units.
• Comparing the size of the grant to those of peers in the packaging industry would provide further context.

Stakeholder Impact

• The transactions may have a minor impact on shareholders as they provide insight into management's actions regarding the company's stock.

Key Dates