STOCK TITAN

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.

(Neutral)
(Neutral)
Form Type
4

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 Joachimczyk Paul
Role CFO
Type Security Shares Price Value
Grant/Award Dividend Equivalents on Restricted Stock Units F1, F2 55.9 $48.43 $3K
Holdings After Transaction: Dividend Equivalents on Restricted Stock Units — 167.8 contracts (Direct)
Footnotes (2)
  1. F1. Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock
  2. F2. 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 acquired 55.9 units Grant on September 10, 2026 to CFO as derivative acquisition
Reference value per dividend equivalent unit $48.43 per unit Recorded transaction price per unit for the September 10, 2026 grant
Total dividend equivalent units after transaction 167.8 units Directly held by the CFO following the reported acquisition
Underlying common shares per unit 1 share per unit Each dividend equivalent unit is the economic equivalent of one common share
Conversion or exercise price $0.00 Dividend equivalent rights on RSUs have no stated exercise price
Dividend equivalents financial
"Each share of Dividend equivalents on Restricted Stock units is the economic"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Restricted Stock Units financial
"Dividend equivalents on Restricted Stock Units is the economic equivalent"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
economic equivalent financial
"is the economic equivalent of one share of Sonoco Products Company"
termination of service financial
"will be settled upon the reporting person's retirement or other termination"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Sonoco (SON) disclose for its CFO?

Sonoco reported that CFO Paul Joachimczyk acquired 55.9 dividend equivalent units on Restricted Stock Units on September 10, 2026, as part of his deferred equity-based compensation.

What are the dividend equivalents reported in Sonoco (SON)’s Form 4?

The filing describes dividend equivalents on Restricted Stock Units, each being the economic equivalent of one share of Sonoco Products Company common stock, credited in connection with quarterly dividends.

How many dividend-equivalent units does the Sonoco (SON) CFO hold after this transaction?

After the September 10, 2026 acquisition, the CFO holds a total of 167.8 dividend equivalent units on Restricted Stock Units, representing deferred rights economically equivalent to Sonoco common shares.

At what price were the new Sonoco (SON) dividend-equivalent units valued?

The 55.9 dividend equivalent units were recorded at a reference value of $48.43 per unit, with each unit economically equivalent to one share of Sonoco Products Company common stock.

When will the Sonoco (SON) CFO’s dividend equivalents be settled?

According to the filing, the quarterly dividend-equivalent rights on Restricted Stock will be settled upon the reporting person’s retirement or other termination of service, rather than immediately.

Does this Sonoco (SON) Form 4 involve open-market buying or selling?

No. The Form 4 reports a grant or award acquisition of dividend-equivalent rights on Restricted Stock Units, not an open-market purchase or sale of Sonoco common shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
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*
Joachimczyk Paul

(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)
CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/10/2026
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(1)$0.0000(1)09/10/2026A55.9 (2) (2)Common Stock55.9$48.43167.8D
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 Paul Joachimczyk09/14/2026
** 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)

Keep reading