Silgan (NYSE: SLGN) SVP gets 19,500 RSUs, disposes shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Silgan Holdings senior vice president Alexander G. Hutter reported equity compensation changes. On March 1, 2026 he had 1,286 common shares withheld at $47.57 per share to cover taxes, and received a grant of 19,500 restricted stock units that vest annually over five years starting March 1, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hutter Alexander G
Role
SVP, Strategy and IR
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,286 | $47.57 | $61K |
| Grant/Award | Common Stock | 19,500 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 42,225 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 57,800 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 Silgan (SLGN) report for Alexander G. Hutter?
Alexander G. Hutter reported two transactions on March 1, 2026: 1,286 common shares were disposed of to satisfy tax obligations, and he received a grant of 19,500 restricted stock units under Silgan’s equity incentive plan as part of his compensation package.
How many restricted stock units did the Silgan (SLGN) executive receive?
Alexander G. Hutter received a grant of 19,500 restricted stock units on March 1, 2026. These units were awarded under Silgan Holdings Inc.’s Second Amended and Restated 2004 Stock Incentive Plan as part of his ongoing equity-based compensation.
What is the vesting schedule for the new Silgan (SLGN) restricted stock units?
The 19,500 restricted stock units vest ratably over five years, beginning March 1, 2027. Each year a portion vests and is settled in Silgan common stock on a 1-for-1 basis, aligning the executive’s incentives with long-term shareholder interests.
How many unvested restricted stock units does the Silgan (SLGN) executive hold after this filing?
The disclosure states that Alexander G. Hutter’s holdings include 57,800 unvested restricted stock units granted under Silgan equity compensation plans. When these units vest, they will be settled in shares of common stock on a 1-for-1 basis.