Sonoco (SON) director awarded 657 phantom stock units under deferred pay plan

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Sonoco Products director Philippe Guillemot received a grant of phantom stock units that mirror common shares. He acquired 657.1 phantom stock units on the transaction date at an assigned value of $55.17 per unit, bringing his total phantom stock holdings to 28,688.5 units.

Each phantom stock unit is economically equivalent to one share of Sonoco Products Company common stock and was accrued under the company’s directors deferred compensation plan. These units are scheduled to be settled in Sonoco common stock six months after his retirement, aligning director compensation with long-term shareholder value.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Guillemot Philippe

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	657.1	$55.17	$36K

Holdings After Transaction: Phantom Stock Units — 28,688.5 shares (Direct)

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 units granted: 657.1 units Unit value: $55.17 per unit Total phantom units after grant: 28,688.5 units +1 more

4 metrics

Phantom units granted 657.1 units Grant of phantom stock units to director on transaction date

Unit value $55.17 per unit Reporting price for phantom stock unit grant

Total phantom units after grant 28,688.5 units Director’s phantom stock balance following the transaction

Underlying common stock equivalence 1 unit = 1 share Each phantom stock unit equals one Sonoco common share economically

Key Terms

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

4 terms

Phantom Stock Units financial

"security_title: "Phantom Stock Units""

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

"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"

settled in common stock financial

"to be settled in Sonoco Products Company common stock 6 months after"

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 04:49 PM

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^*

Guillemot Philippe

(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)
04/01/2026

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⁾	04/01/2026		A		657.1		⁽²⁾	⁽²⁾	Common Stock	657.1	$55.17	28,688.5	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.

	Elizabeth R Kremer Power of Attorney for Philippe Guillemot	04/02/2026
	** 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 Philippe Guillemot report in this Form 4?

Philippe Guillemot reported receiving 657.1 phantom stock units as a compensation grant. These units are tied to Sonoco common stock value and increase his total phantom holdings to 28,688.5 units, reinforcing long-term, stock-based director compensation.

How many phantom stock units did the Sonoco (SON) director acquire?

He acquired 657.1 phantom stock units in this transaction. Each unit is economically equivalent to one share of Sonoco Products Company common stock, increasing his total phantom stock position to 28,688.5 units under the directors deferred compensation plan.

What is the value per phantom stock unit in the Sonoco (SON) Form 4?

The Form 4 shows a value of $55.17 per phantom stock unit for this grant. This value is used for reporting the compensation award and reflects the economic equivalence to Sonoco Products Company common stock on the transaction date.

When will the Sonoco (SON) phantom stock units be settled?

The phantom stock units are to be settled in Sonoco Products Company common stock six months after Philippe Guillemot’s retirement. This deferred settlement structure is part of the company’s directors deferred compensation plan, promoting long-term alignment with shareholder interests.

What are phantom stock units in the context of Sonoco (SON)?

For Sonoco, each phantom stock unit is the economic equivalent of one common share. These units are bookkeeping entries accrued under the directors deferred compensation plan and are ultimately settled in actual Sonoco common stock at a specified time after retirement.