SILGAN HOLDINGS INC·4

Feb 27, 4:32 PM ET

Greenlee Adam J 4

Research Summary

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Silgan (SLGN) CEO Adam Greenlee Receives 105,000 RSU Award

What Happened

  • Adam J. Greenlee, President & CEO and a director of Silgan Holdings, was reported as acquiring 105,000 restricted stock units (RSUs) on Feb 26, 2026. The RSUs are awards (no cash purchase) and have no per-share price listed (N/A); their eventual dollar value will depend on Silgan’s common stock price when settled.
  • These RSUs were originally granted as a performance award on March 1, 2025. The performance criteria for Silgan’s 2025 fiscal year were later determined to have been met, so the award is no longer subject to cancellation. The units will vest ratably beginning March 1, 2026 and on each March 1 thereafter through March 1, 2028 and will be settled 1-for-1 in common shares when vested.

Key Details

  • Transaction date reported: 2026-02-26; Form 4 filed: 2026-02-27 (timely filing).
  • Transaction type/code: A — Grant/award (acquisition of RSUs); price: N/A (award, not an open-market trade).
  • Vesting/settlement: Vesting ratably Mar 1, 2026–Mar 1, 2028; settled in shares on a 1-for-1 basis when vested.
  • Additional RSUs: Filing notes 316,793 RSUs outstanding that are not yet vested under Silgan equity plans.
  • Shares owned after transaction: Not specified in the provided filing details.

Context

  • RSUs are deferred equity awards that convert to actual shares on scheduled vesting dates; they do not require the insider to buy shares and are not the same signal as an open-market purchase or sale.
  • This filing documents the conversion of a prior performance-based grant into non-forfeitable RSUs (subject to the stated vesting schedule). It does not indicate any immediate sale or purchase of shares by the insider.