Sonoco director receives 747.4 stock-linked units
Each phantom stock unit is the economic equivalent of one Sonoco common share and is scheduled for settlement in common stock six months after retirement.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Sonoco Products Co. director Eleni Istavridis acquired 747.4 phantom stock units on October 1, 2026, at a reported price of $48.50 per unit. The units accrued under the directors deferred compensation plan and are to be settled in Sonoco common stock six months after her retirement. Her reported position after the award was 17,223.8 phantom stock units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F2 | 747.4 | $48.50 | $36K |
Footnotes (2)
- F1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
- F2. 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
Key Terms
phantom stock units financial
directors deferred compensation plan financial
economic equivalent financial
FAQ
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How many phantom stock units did SON director Eleni Istavridis receive?
What do SON phantom stock units represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.