Greenlee Adam J 4

What Happened

• Adam J. Greenlee, President & CEO and a director of Silgan Holdings, received a grant of 64,900 restricted stock units (RSUs) on March 1, 2026. Those RSUs were granted under Silgan’s 2004 Stock Incentive Plan and will vest ratably over five years starting March 1, 2027 and settle 1-for-1 into common stock upon vesting.
• On the same date he had 57,047 shares disposed (code F) at $47.57 per share, totaling $2,713,726, to satisfy an exercise price or tax withholding obligation. This was a disposal to cover taxes/withholding, not an open‑market sale for investment purposes.

Key Details

• Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (appears timely).
• Grant: 64,900 RSUs (no per‑share price for the grant); Vesting: ratably over 5 years beginning March 1, 2027; settlement: 1 common share per RSU (F1).
• Withholding/disposition: 57,047 shares at $47.57 each = $2,713,726 (code F — payment of exercise price or tax liability).
• Footnote: The filing notes 258,620 RSUs (unvested) granted under Silgan equity plans are included in outstanding unvested awards (F2).
• Shares owned after the transaction: not specified in the summary provided here — see the filed Form 4 for total post‑transaction holdings.

Context

• The RSU grant is compensation and vests over time; it’s not an immediate purchase or sale. The 57,047‑share disposition was for tax/withholding purposes (a common practice when equity awards vest or are settled) rather than a market sell driven by investment views.
• For retail investors, awards increase potential future dilution as they vest; tax‑withholding disposals are routine and don’t necessarily signal confidence or concern by the insider.