FABRY SHAWN C 4

What Happened Shawn C. Fabry, Chief Financial Officer of Silgan Holdings Inc. (SLGN), was credited with a grant/award of 25,000 restricted stock units (RSUs) reported on 2026-02-26. The RSUs were granted as a performance award originally dated March 1, 2025; the company determined the 2025 performance criteria were met when the audited 2025 financials were finalized, so the award is no longer subject to cancellation. These RSUs carry no purchase price (N/A) and will vest in full on March 1, 2030 and be settled one-for-one in common shares when vested. This is a compensation award (code A), not an open-market buy or sale.

Key Details

• Transaction date: 2026-02-26 (reported 2026-02-27 filing).
• Transaction type/code: Award/Grant (A); price: N/A (no cash purchase).
• Vesting/settlement: Vesting date March 1, 2030; settled 1-for-1 in common stock.
• Shares owned following transaction: The filing indicates these RSUs are part of the reporting person’s unvested equity balance; footnotes show the total includes 48,600 previously granted unvested RSUs — implying 25,000 + 48,600 = 73,600 unvested RSUs in total per the filing notes.
• Notable footnotes:
  • F1: 25,000 RSUs were a March 1, 2025 performance award; performance criteria for FY2025 were met when audited results were finalized, so cancellation condition removed.
  • F2: The reported total includes 48,600 other unvested RSUs previously granted under Silgan’s equity plans.
• Filing timeliness: Reported on 2026-02-27 for a 2026-02-26 transaction — appears timely under Form 4 rules.

Context

• This was a performance-based equity grant tied to 2025 results, not a market purchase or sale; it increases potential future share ownership but does not represent an immediate cash investment or divestiture by the insider.
• Performance RSUs vest in the future (2030) subject to the stated schedule; until settled, they are typically considered unvested compensation rather than freely tradable shares.