Hutter Alexander G 4

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.