{"schema_version":"secwatch.filing_event.v1","accession":"0000849869-22-000134","form_type":"8-K","ticker":"SLGN","cik":"0000849869","company_name":"SILGAN HOLDINGS INC","filed_at":"2022-11-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.716702+00:00","generated_at":"2026-06-21T12:55:19.231362+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Silgan removes co-founders' contractual right to nominate all board directors","bullets":["New agreement removes co-founders Silver & Horrigan's right to nominate entire board; they held >28.6M shares.","Co-founders retain right to nominate one director as long as they own ≥5% of common stock.","Board formed a Nominating Committee of all independent directors to identify board candidates."],"urls":{"canonical":"https://secwatch.observer/filing/0000849869-22-000134","json":"https://secwatch.observer/filing/0000849869-22-000134.json","markdown":"https://secwatch.observer/filing/0000849869-22-000134.md","text":"https://secwatch.observer/filing/0000849869-22-000134.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/849869/000084986922000134/0000849869-22-000134-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/849869/000084986922000134/slgn-20221128.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T12:55:19.231362+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"be50f22d37891b7eb5a03a314db44d5f3e505b08","claim":"SILGAN HOLDINGS INC amended Second Amended and Restated Stockholders Agreement with R. Philip Silver and D. Greg Horrigan valued at Removed the Group's contractual right to nominate all directors, retaining the right to nominate one (effective 2022-11-28).","evidence_excerpt":"On November 28, 2022, Silgan Holdings Inc. (the “Company”), R. Philip Silver and D. Greg Horrigan entered into a Second Amended and Restated Stockholders Agreement (the “New Stockholders Agreement”). The New Stockholders Agreement amends and restates the existing Amended and Restated Stockholders Agreement, dated as of November 6, 2001, by and among the Company and Messrs. Silver and Horrigan, which replaced in its entirety that certain stockholders agreement dated as of February 14, 1997 by and among Messrs. Silver and Horrigan and the other parties thereto. The New Stockholders Agreement amends the existing Amended and Restated Stockholders Agreement by removing the contractual right of the Group (as defined in the New Stockholders Agreement and generally including Messrs. Silver and Horrigan and their affiliates, family members, trusts and estates) to nominate for election all Directors of the Company so long as the Group holds an aggregate of one-half of the number of shares of com","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/849869/000084986922000134/0000849869-22-000134-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Counterparty","value":"R. Philip Silver and D. Greg Horrigan"},{"label":"Value","value":"Removed the Group's contractual right to nominate all directors, retaining the right to nominate one"},{"label":"Effective","value":"2022-11-28"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}