Sonoco (SON) senior executive awarded stock and RSUs with tax withholding moves
Rhea-AI Filing Summary
Sonoco Products Company executive James A. Harrell III, President of Global Industrial Paper Packaging, reported equity compensation changes. He received 9,233 Restricted Stock Units and 494 additional Restricted Stock Units II on February 19, 2026, all at a stated price of $0.0000 per unit, reflecting awards rather than open-market purchases.
On the same date, he also acquired 3,556 shares of common stock as a grant at $43.6400 per share. To cover tax obligations, 18 Restricted Stock Units II and 1,080 shares of common stock were disposed of through tax-withholding transactions. Following these moves, he directly held 56,881 shares of common stock and 3,600 Restricted Stock Units II, plus an indirect 3,316.3074 common shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 9,233 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units II | 494 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Restricted Stock Units II | 18 | $56.07 | $1K |
| Grant/Award | Common Stock | 3,556 | $43.64 | $155K |
| Exercise Price or Tax Liability | Common Stock | 1,080 | $43.64 | $47K |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
- F2. The restricted stock units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%.
- F3. The restricted stock units vest on 12/31/2016 and deferred. Vested shares will be paid to the reporting person six months following retirement or termination of service.
- F4. Vested shares will be paid to the reporting person six months following retirement or termination of service.
- F5. Each share of Restricted Stock Unit is the equivalent of one share of Sonoco Products Company common stock. The shares were cashed out to account for withholding taxes.
FAQ
What equity awards did Sonoco (SON) executive James A. Harrell III receive?
What is James A. Harrell III’s direct Sonoco (SON) common stock ownership after these transactions?
How many Restricted Stock Units II does the Sonoco (SON) executive hold after the Form 4 events?
AI-generated analysis. How Rhea-AI works. Not financial advice.