Silgan Holdings (SLGN) SVP granted 12,700 RSUs, withholds 8,631 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Silgan Holdings senior vice president and chief accounting officer Kimberly Irene Ulmer reported two equity transactions in company common stock. On March 1, 2026, she disposed of 8,631 shares at $47.57 per share to cover tax obligations through share withholding.
On the same date, she acquired 12,700 restricted stock units at no cost under the company’s Second Amended and Restated 2004 Stock Incentive Plan. These units vest ratably over five years beginning March 1, 2027, and each unit will be settled in one share of common stock upon vesting.
After these transactions, she directly owned 118,590 shares, which includes 45,800 unvested restricted stock units that will convert into common shares on a 1‑for‑1 basis as they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ulmer Kimberly Irene
Role
SVP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 8,631 | $47.57 | $411K |
| Grant/Award | Common Stock | 12,700 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 105,890 shares (Direct)
Footnotes (1)
- These securities are restricted stock units that were granted on March 1, 2026 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, 2027 and will be settled in shares of Common Stock on a 1-for-1 basis upon vesting. This amount includes 45,800 restricted stock units that are not yet vested that have been granted under equity compensation plans of Silgan Holdings Inc. Upon vesting, these restricted stock units will be settled in shares of Common Stock on a 1-for-1 basis.
FAQ
What insider transactions did Kimberly Irene Ulmer report for SLGN?
Kimberly Irene Ulmer reported a tax-related share disposition and a new equity award. She withheld 8,631 shares of Silgan common stock at $47.57 per share for taxes and received 12,700 restricted stock units that vest over five years beginning March 1, 2027.
What equity award did Kimberly Ulmer receive from Silgan Holdings (SLGN)?
Ulmer received an award of 12,700 restricted stock units on March 1, 2026 under Silgan’s Second Amended and Restated 2004 Stock Incentive Plan. These units were granted at no cost and will be settled 1‑for‑1 in common stock as they vest over five years.
What is the vesting schedule for Ulmer’s new restricted stock units at SLGN?
The 12,700 restricted stock units granted to Ulmer vest ratably over a five-year period. Vesting begins on March 1, 2027, with each vested unit converting into one share of Silgan common stock upon vesting, providing a gradual long-term equity incentive.
Are Ulmer’s recent Silgan stock transactions open-market buys or sales?
Neither transaction reflects an open-market trade. The 8,631-share disposition was a tax-withholding event to cover liabilities, and the 12,700 restricted stock units were a grant under Silgan’s equity plan, received at no purchase price to the executive.