Sonoco (NYSE: SON) director adds 370 phantom stock units via deferred dividend grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Sonoco Products director Blythe J. McGarvie received a grant of 370 Phantom Stock Units on a deferred basis. Each phantom unit is economically equivalent to one share of common stock and was acquired through a quarterly dividend under the directors' deferred compensation plan. Following this award, McGarvie holds 33,939 phantom stock units directly, which will be settled after retirement or other termination of board service.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MCGARVIE BLYTHE J

Role null

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	370	$48.99	$18K

Holdings After Transaction: Phantom Stock Units — 33,939 shares (Direct, null)

Footnotes (1)

Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock. Acquired on quarterly dividend on Sonoco Products Company's directors' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.

Key Figures

Phantom units granted: 370 units Price equivalent per unit: $48.99 per unit Total phantom units after grant: 33,939 units +2 more

5 metrics

Phantom units granted 370 units Grant on 2026-06-10 under directors' deferred compensation plan

Price equivalent per unit $48.99 per unit Economic equivalent value at grant for Phantom Stock Units

Total phantom units after grant 33,939 units Director’s Phantom Stock Units following 370-unit award

Underlying common stock 370 shares Underlying common stock equivalent for this phantom grant

Conversion price $0.00 Conversion or exercise price for Phantom Stock Units

Key Terms

Phantom Stock Units, directors' deferred compensation plan, economic equivalent, termination of service

4 terms

Phantom Stock Units financial

"security_title: "Phantom Stock Units" and each share is economic equivalent of one share"

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

"Acquired on quarterly dividend on Sonoco Products Company's directors' deferred compensation plan"

economic equivalent financial

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

termination of service financial

"will be settled upon the reporting person's retirement or other termination of service"

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Form 4 Insider Transactions: What Each Field Means →

06/12/2026 - 07:09 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^*

MCGARVIE BLYTHE J

(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)
06/10/2026

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⁾	06/10/2026		A		370		⁽²⁾	⁽²⁾	Common Stock	370	$48.99	33,939	D

Explanation of Responses:

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

2. Acquired on quarterly dividend on Sonoco Products Company's directors' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.

	By: Elizabeth R. Kremer - Power of Attorney for Blythe J. McGarvie	06/12/2026
	** 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 insider transaction did SON director Blythe McGarvie report?

Blythe J. McGarvie reported receiving 370 Phantom Stock Units as a grant. The award stems from a quarterly dividend under Sonoco’s directors’ deferred compensation plan and is economically tied to Sonoco common stock.

What are Phantom Stock Units in the SON Form 4 filing?

Phantom Stock Units are bookkeeping entries whose value tracks Sonoco common stock. In this filing, each phantom share is the economic equivalent of one common share and is settled in the future under a deferred compensation arrangement.

How many Phantom Stock Units does the SON director hold after this grant?

After the grant, Blythe J. McGarvie holds 33,939 Phantom Stock Units. This total reflects the new 370-unit award added to prior phantom holdings, all directly tied to Sonoco’s deferred compensation plan.

How were the new Phantom Stock Units for SON’s director acquired?

The 370 Phantom Stock Units were acquired through a quarterly dividend credited under Sonoco’s directors’ deferred compensation plan. These units accumulate over time instead of paying cash dividends directly to the director.

When will the SON Phantom Stock Units be settled for the director?

The Phantom Stock Units will be settled upon Blythe J. McGarvie’s retirement or other termination of service as a director. Settlement timing is tied to the end of board service rather than the grant date.