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, 2024, Kimberly Ulmer, SVP & CFO of Silgan Holdings Inc., reported transactions involving Silgan's common stock.
• Ulmer disposed of 4,391 shares of common stock at a price of $43.905 per share.
• She also acquired 15,300 restricted stock units (RSUs) under the company's stock incentive plan.
• Following these transactions, Ulmer beneficially owns 71,623 shares of common stock directly and 86,923 shares including unvested RSUs.
• The RSUs vest ratably over a 5-year period starting March 1, 2025, and 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 stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The acquisition of 15,300 restricted stock units demonstrates a continued alignment of interest between the CFO and the company's long-term performance.

Future Outlook

The restricted stock units vest ratably over a 5-year period beginning on March 1, 2025, indicating a long-term incentive structure for the reporting person.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates the transactions of a key executive at Silgan Holdings Inc.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the actions of a key executive.

Key Dates