SILGAN HOLDINGS INC·4

May 29, 4:08 PM ET

DONOVAN WILLIAM T 4

Research Summary

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Updated

Silgan (SLGN) Director William T. Donovan Receives RSU Award

What Happened
William T. Donovan, a director of Silgan Holdings Inc. (SLGN), was granted 3,254 restricted stock units (RSUs) on May 27, 2026. The filing shows no purchase price or cash value (N/A) because these are compensatory RSUs that will convert to common shares upon vesting rather than an open‑market transaction.

Key Details

  • Transaction date: May 27, 2026 (reported on Form 4 filed May 29, 2026) — filing appears timely.
  • Transaction type/code: A — Award/Grant (restricted stock units). Price: N/A.
  • Shares granted: 3,254 RSUs; settlement is 1-for-1 into common stock upon vesting.
  • Shares owned after transaction: not specified in the provided report.
  • Footnote: These RSUs were granted under the Silgan Holdings Second Amended and Restated 2004 Stock Incentive Plan and become fully vested on the date of the next annual meeting of stockholders; they will be settled in shares of common stock on a 1-for-1 basis.

Context
RSU grants to directors are common compensation for board service and are not an immediate buy/sell signal. These RSUs simply represent a future right to receive Silgan common shares if and when they vest; they do not reflect an immediate change in market exposure until settlement.