Sonoco Products (NYSE: SON) director reports 817 phantom stock units on Form 4
Rhea-AI Filing Summary
Sonoco Products Company director reports phantom stock grant
A director of Sonoco Products Company filed a Form 4 reporting an award of phantom stock units. On 01/02/2026, the reporting person acquired 817 phantom stock units at $44.37 per unit, each unit being the economic equivalent of one share of Sonoco common stock. Following this transaction, the director beneficially owned 9,609.3 phantom stock units, held directly.
The phantom stock units were accrued under the Sonoco Products Company directors deferred compensation plan and are to be settled in Sonoco common stock six months after the reporting person’s retirement.
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FAQ
What insider transaction did Sonoco Products (SON) report on this Form 4?
The filing reports that a director of Sonoco Products Company acquired 817 phantom stock units on 01/02/2026 under the company’s directors deferred compensation plan.
How many Sonoco (SON) phantom stock units does the director hold after this transaction?
After the reported transaction, the director beneficially owned 9,609.3 phantom stock units, held in a direct ownership form.
What is a phantom stock unit in the Sonoco Products (SON) plan?
Each phantom stock unit is described as the economic equivalent of one share of Sonoco Products Company common stock, providing value that tracks the share price.
When will the Sonoco (SON) phantom stock units be settled into common stock?
The phantom stock units accrued under the directors deferred compensation plan are to be settled in Sonoco Products Company common stock six months after the reporting person’s retirement.
What price is associated with the Sonoco (SON) phantom stock units in this filing?
The Form 4 shows the 817 phantom stock units associated with a price of $44.37 per unit in the transaction dated 01/02/2026.
What is the reporting person’s relationship to Sonoco Products (SON)?
The reporting person is identified as a Director of Sonoco Products Company and filed the Form 4 as one reporting person.