Cleland Nielsen Fiona 4
Research Summary
AI-generated summary
Silgan (SLGN) Director Fiona Cleland Nielsen Receives RSU Award
What Happened
Fiona Cleland Nielsen, a director of Silgan Holdings Inc. (SLGN), received a grant of 3,254 restricted stock units (RSUs) on May 27, 2026. The filing lists no acquisition price or immediate cash value (N/A). These RSUs are an award/compensation grant rather than a purchase or sale.
Key Details
- Transaction date: 2026-05-27 (reported on Form 4 filed 2026-05-29). Filing appears timely (within typical 2-business-day window).
- Transaction type/code: Award/Grant (A).
- Amount: 3,254 restricted stock units (RSUs). Price/value: N/A in the filing.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: RSUs were granted under the Silgan Holdings Inc. 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 common stock on a 1-for-1 basis upon vesting.
Context
RSUs are compensation that convert into shares on vesting; these units do not represent immediately tradable shares until settlement. Grants to directors are common as part of board compensation and do not by themselves signal buying or selling intent.