Sonoco CFO granted 55.9 dividend-equivalent units
Sonoco’s CFO received additional dividend-equivalent units tied to RSUs, modestly increasing his deferred, stock-linked compensation.
Rhea-AI Filing Summary
SONOCO PRODUCTS CO (symbol: SON) is the issuer of record for a Form 4 filing submitted to the SEC. Joachimczyk Paul reported acquisition or exercise transactions in this Form 4 filing.
Sonoco Products Co (SON) reported that its chief financial officer, Paul Joachimczyk, received an automatic grant of 55.9 dividend equivalent units tied to Restricted Stock Units on September 10, 2026. These derivative units, economically equivalent to common shares, increased his directly held dividend-equivalent balance to 167.8 units and will be settled in common stock upon retirement or other termination of service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalents on Restricted Stock Units F1, F2 | 55.9 | $48.43 | $3K |
Footnotes (2)
- F1. Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock
- F2. Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement or other termination of service.
Key Figures
Key Terms
Dividend equivalents financial
Restricted Stock Units financial
economic equivalent financial
termination of service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sonoco (SON) disclose for its CFO?
What are the dividend equivalents reported in Sonoco (SON)’s Form 4?
How many dividend-equivalent units does the Sonoco (SON) CFO hold after this transaction?
At what price were the new Sonoco (SON) dividend-equivalent units valued?
When will the Sonoco (SON) CFO’s dividend equivalents be settled?
Does this Sonoco (SON) Form 4 involve open-market buying or selling?
AI-generated analysis. How Rhea-AI works. Not financial advice.