Ramdev Niharika 4
Research Summary
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Silgan (SLGN) Director Ramdev Niharika Receives Award
What Happened Ramdev Niharika, a director of Silgan Holdings Inc. (SLGN), received a grant of 3,254 restricted stock units (RSUs) on May 27, 2026 (transaction code A: Award). No purchase price or cash value is reported in the filing; the RSUs will convert to common shares on a 1-for-1 basis when they vest. This is a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: May 27, 2026; Form 4 filed May 29, 2026 (appears timely within the typical reporting window).
- Amount: 3,254 restricted stock units (RSUs); price listed as N/A.
- Shares owned after transaction: not reported in this filing.
- Footnote: RSUs granted under the Silgan Holdings Inc. Second Amended and Restated 2004 Stock Incentive Plan; they become fully vested on the date of the next annual meeting of stockholders and will be settled in shares of common stock on a 1-for-1 basis upon vesting.
Context This is a typical equity compensation grant to an insider and does not represent a market purchase or sale. Such awards are commonly used for director compensation and do not, by themselves, indicate buy/sell intent.