LEWIS ROBERT B 4
Research Summary
AI-generated summary
Silgan (SLGN) Director Robert B. Lewis Receives RSU Award
What Happened
- Robert B. Lewis, a director of Silgan Holdings Inc. (SLGN), was granted 3,254 restricted stock units (RSUs) on May 27, 2026. The grant was reported on a Form 4 filed May 29, 2026. No purchase price or immediate cash value is reported (price = N/A); the RSUs will be settled in common shares on a 1-for-1 basis when they vest.
Key Details
- Transaction date: 2026-05-27; filing date: 2026-05-29.
- Transaction type: Award/Grant of RSUs (code A).
- Shares granted: 3,254 RSUs; price: N/A (no cash paid).
- Vesting: RSUs become fully vested on the date of the next annual meeting of Silgan stockholders and will be settled in shares 1-for-1 (per footnote).
- Shares owned after transaction: Not specified in the provided filing details.
- Timeliness: Filing appears timely (reported two days after grant); no late filing indicated.
Context
- RSU grants are a form of compensation and do not represent an immediate buy or sell of open-market shares; they convert to actual shares only upon vesting. Such awards are common for directors and executives and primarily reflect compensation rather than a direct market sentiment signal.