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  4. [Form 4] SONOCO PRODUCTS CO Insider Trading Activity

Sonoco (SON) VP Adam Wood receives 168.4 dividend equivalent rights on RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Wood Adam reported acquisition or exercise transactions in this Form 4 filing.

Sonoco Products Company executive Adam Wood reported a routine compensation-related transaction. He received 168.4000 dividend equivalent rights tied to his restricted stock units on Dividend Equivalents on Restricted Stock Units, each economically equal to one share of common stock at a reference value of $48.9900 per unit. These dividend equivalents accumulate on his existing restricted stock awards and will be settled in common stock when he retires or otherwise leaves the company. Following this grant, Wood now holds 4,267.1000 dividend equivalent units directly, reflecting ongoing participation in Sonoco’s long-term incentive program rather than an open-market purchase or sale.

Positive

  • None.

Negative

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Insider Wood Adam
Role VP Paper Products Europe
Type Security Shares Price Value
Grant/Award Dividend Equivalents on Restricted Stock Units 168.4 $48.99 $8K
Holdings After Transaction: Dividend Equivalents on Restricted Stock Units — 4,267.1 shares (Direct, null)
Footnotes (1)
  1. Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement or other termination of service.
Dividend equivalent units granted 168.4000 units Grant of dividend equivalents on restricted stock units
Reference price per unit $48.9900 Reported transaction price per dividend equivalent unit
Total units after transaction 4,267.1000 units Dividend equivalent units held following grant
Transaction date 2026-06-10 Date dividend equivalent rights were acquired
Dividend Equivalents on Restricted Stock Units financial
"Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share"
economic equivalent financial
"is the economic equivalent of one share of Sonoco Products Company common stock"
restricted stock financial
"dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Wood Adam
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP Paper Products Europe
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Dividend Equivalents on Restricted Stock Units$0.0000(1)06/10/2026A168.4 (2) (2)Common Stock168.4$48.994,267.1D
Explanation of Responses:
1. Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock
2. Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement or other termination of service.
By:Elizabeth R. Kremer-Power of Attorney for Adam Wood06/12/2026
** Signature of Reporting PersonDate
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 Sonoco (SON) executive Adam Wood report?

Adam Wood reported receiving 168.4000 dividend equivalent rights on restricted stock units. Each right is economically equal to one Sonoco common share and reflects dividends credited on his long-term equity awards rather than an open-market stock purchase or sale.

How many Sonoco (SON) dividend equivalent units does Adam Wood hold after this Form 4?

After the reported transaction, Adam Wood holds 4,267.1000 dividend equivalent units. These units mirror Sonoco common stock performance and dividend accruals and are tied to his restricted stock awards as part of his long-term compensation package.

What is a dividend equivalent on restricted stock units at Sonoco (SON)?

A dividend equivalent on restricted stock units is an economic right equal to one Sonoco common share. It credits the value of dividends that would have been paid on unvested restricted stock, aligning executive compensation with shareholder returns over time.

When will Adam Wood’s Sonoco (SON) dividend equivalents be settled?

According to the filing, Adam Wood’s quarterly dividend equivalent rights on restricted stock will be settled upon his retirement or other termination of service. Settlement is deferred, meaning these awards function as long-term incentives rather than immediate cash or share payments.

Did Adam Wood buy or sell Sonoco (SON) stock in this Form 4?

The Form 4 does not show any open-market buying or selling. Instead, it reports an acquisition coded “A” for 168.4000 dividend equivalent rights on restricted stock units, a routine compensation-related award rather than a discretionary trade in Sonoco shares.

What price is associated with Adam Wood’s Sonoco (SON) dividend equivalents?

The dividend equivalent grant is reported with a reference price of $48.9900 per unit. This value is used for reporting purposes and reflects the economic equivalence to Sonoco common stock rather than a transaction price in an open market trade.