Sonoco (SON) director receives 1,803.2 phantom stock units award

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Haley John R reported acquisition or exercise transactions in this Form 4 filing.

Sonoco Products Company director John R. Haley received a grant of 1,803.2 Phantom Stock Units on Sonoco stock. These units were awarded at a reference price of $56.15 per unit and increase his phantom stock balance to 86,531.8 units. Each phantom unit is economically equivalent to one share of Sonoco common stock and will be settled in common shares six months after his retirement under the company’s directors deferred compensation plan.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Haley John R

Role null

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	1,803.2	$56.15	$101K

Holdings After Transaction: Phantom Stock Units — 86,531.8 shares (Direct, null)

Footnotes (1)

Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock. The phantom stock units were accrued under the Sonoco Products Company directors deferred compensation plan and are to be settled in Sonoco Products Company common stock 6 months after the reporting person's retirement.

Key Figures

Phantom Stock Units granted: 1,803.2 units Grant reference price: $56.15 per unit Total Phantom Units after grant: 86,531.8 units +2 more

5 metrics

Phantom Stock Units granted 1,803.2 units Grant on 2026-07-01 under directors deferred compensation plan

Grant reference price $56.15 per unit Economic value per Phantom Stock Unit on grant date

Total Phantom Units after grant 86,531.8 units Director’s phantom stock balance following this award

Conversion ratio 1:1 vs common stock Each phantom unit equals one Sonoco common share economically

Settlement timing 6 months after retirement Phantom Stock Units settle into Sonoco common stock

Key Terms

Phantom Stock Units, directors deferred compensation plan, economic equivalent, settled in common stock

4 terms

Phantom Stock Units financial

"Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock."

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

directors deferred compensation plan financial

"The phantom stock units were accrued under the Sonoco Products Company directors deferred compensation plan"

A directors deferred compensation plan lets a board member postpone receiving part or all of their cash fees or stock-based pay until a future date, often retirement, allowing taxes to be delayed and payouts to be structured over time. Investors care because these plans change a company’s future cash obligations and reveal how the board’s pay is aligned with long-term performance—like choosing to take a paycheck later to tie personal reward to the company’s future results.

economic equivalent financial

"Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock."

settled in common stock financial

"are to be settled in Sonoco Products Company common stock 6 months after the reporting person's retirement."

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 06:03 AM Accepted by SEC EDGAR 07/06/2026 - 06:01 AM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Haley John R

(Last)

(First)

(Middle)

ONE NORTH SECOND ST

P O BOX 160

(Street)

HARTSVILLE

SOUTH CAROLINA

29551-0160

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SONOCO PRODUCTS CO [ SON ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock Units	⁽¹⁾	07/01/2026		A		1,803.2		⁽²⁾	⁽²⁾	Common Stock	1,803.2	$56.15	86,531.8	D

Explanation of Responses:

1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.

2. The phantom stock units were accrued under the Sonoco Products Company directors deferred compensation plan and are to be settled in Sonoco Products Company common stock 6 months after the reporting person's retirement.

	By: Elizabeth R. Kremer - Power of Attorney for John R. Haley	07/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Sonoco (SON) director John R. Haley report on this Form 4?

He reported receiving 1,803.2 Phantom Stock Units as a compensation grant. These derivative units track Sonoco common stock value and are part of the directors deferred compensation plan.

Is the Sonoco (SON) Form 4 transaction an open-market stock purchase or sale?

No, the transaction is a grant of Phantom Stock Units, not an open-market trade. It reflects compensation awarded to the director rather than a discretionary market buy or sell.

How many Phantom Stock Units does John R. Haley hold after this Sonoco (SON) grant?

After the grant, he holds 86,531.8 Phantom Stock Units. Each unit is economically equivalent to one share of Sonoco common stock under the deferred compensation plan.

At what reference price were the new Sonoco (SON) Phantom Stock Units granted?

The 1,803.2 Phantom Stock Units were granted at a reference price of $56.15 per unit. This price is used to determine the economic value of the phantom stock award.

When will the Sonoco (SON) Phantom Stock Units be settled into common stock?

The Phantom Stock Units are scheduled to be settled in Sonoco common stock six months after John R. Haley’s retirement. Settlement timing is defined by the directors deferred compensation plan.

What does it mean that Sonoco (SON) Phantom Stock Units are economically equivalent to common stock?

It means each phantom unit mirrors the value of one share of Sonoco common stock. While not actual shares now, the units track share price and convert into stock at settlement.