Silgan (SLGN) SVP Kimberly Ulmer Receives Restricted Stock Award

What Happened Kimberly Irene Ulmer, Senior Vice President and Chief Accounting Officer of Silgan Holdings, was reported as receiving an award of 9,200 restricted stock units (RSUs). The reported transaction date is 2026-02-26 and the Form 4 was filed 2026-02-27. No purchase price is reported (award), and the RSUs will be settled 1-for-1 in common stock when they vest. The award was originally granted on March 1, 2025 and became no longer subject to cancellation after the company finalized its audited 2025 financial statements.

Key Details

• Transaction type: A (award/grant) — 9,200 restricted stock units.
• Reported transaction date: 2026-02-26; filing date: 2026-02-27 (timely).
• Price: N/A (award, not a purchase or sale).
• Vesting: Ratably beginning March 1, 2026 and on each March 1 thereafter through March 1, 2028.
• Settlement: 1 RSU = 1 share of Silgan common stock upon vesting.
• Footnote: The filing notes that, overall, 55,206 RSUs granted under Silgan equity plans remain unvested (per filer’s disclosure).
• No tax-withholding or sale-to-cover details were disclosed in this filing.

Context This filing documents an equity award that became vested from a performance perspective (performance criteria for 2025 were met), not an open-market purchase or sale. Awards like RSUs do not itself signal buying or selling by the insider; they reflect compensation and long-term retention. Upon vesting the RSUs will convert into shares and could be sold later — any such sale would be reported separately.