Hutter Alexander G 4
4 · SILGAN HOLDINGS INC · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Silgan (SLGN) SVP Alexander G. Hutter Receives 25,000 RSUs
What Happened Alexander G. Hutter, Senior Vice President, Strategy and Investor Relations at Silgan Holdings (SLGN), was reported as acquiring 25,000 restricted stock units (RSUs) on 2026-02-26. The award was originally granted as a performance award on March 1, 2025; the company later determined the 2025 performance criteria were met, so the RSUs are no longer subject to cancellation. The RSUs will vest in full on March 1, 2030 and will be settled 1-for-1 in shares of common stock. No purchase price was paid (award/grant).
Key Details
- Transaction date reported: 2026-02-26 (Form 4 filed 2026-02-27).
- Transaction type/code: A — Grant / award / other acquisition; price: N/A (award).
- Vesting/settlement: Vest in full on March 1, 2030; settled 1-for-1 in common stock.
- Origin of award: Granted March 1, 2025 as a performance-based RSU award; performance criteria for fiscal 2025 were later satisfied.
- Additional unvested RSUs: Filing notes 42,400 other unvested RSUs previously granted under Silgan equity plans (per footnote).
- Shares owned after transaction: Not specified in the Form 4.
- Filing timeliness: Form 4 was filed the day after the reported acquisition date (filed 2026-02-27 for 2026-02-26), indicating a timely report.
Context This was a performance-based equity award becoming nonforfeitable after the company certified 2025 results; it is not a cash purchase or an immediate sale of shares. Performance RSU grants are common long-term incentive compensation for executives and vest over multiple years, so this award signals a future potential increase in share count when settled but does not represent an immediate market trade.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-02-26+25,000→ 43,511 total
Footnotes (2)
- [F1]On March 1, 2025, the reporting person was granted a performance award of 25,000 restricted stock units under the Silgan Holdings Inc. Second Amended and Restated 2004 Stock Incentive Plan, subject to the satisfaction of certain performance criteria for the Issuer's 2025 fiscal year. The performance criteria for the Issuer's 2025 fiscal year was determined to have been met upon the finalization of the Issuer's audited financial statements for 2025. Accordingly, these restricted stock units are no longer subject to cancellation. These restricted stock units vest all at once on March 1, 2030 and will be settled in shares of Common Stock on a 1-for-1 basis.
- [F2]This amount includes 42,400 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.