Sonoco counsel granted dividend and phantom units
A senior officer at Sonoco Products Co received additional stock-based units tied to SON common stock that will settle at retirement or other termination of service.
Rhea-AI Filing Summary
For Sonoco Products Co (SON), officer John M. Florence, who serves as Gnl Council, Secy, VP, reported two equity-based compensation acquisitions on September 10, 2026. He received 420.4000 Dividend Equivalents on Restricted Stock Units and 535.8000 Phantom Stock Units, each economically equivalent to one share of Sonoco common stock and to be settled upon retirement or other termination of service. Following these awards, his direct holdings total 5,153.9000 Dividend Equivalent units and 48,575.7000 Phantom Stock Units; no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalents on Restricted Stock Units F1, F2 | 420.4 | $48.43 | $20K |
| Grant/Award | Phantom Stock Units F3, F4 | 535.8 | $48.43 | $26K |
Footnotes (4)
- 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.
- F3. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
- F4. Acquired on quarterly dividend on Sonoco Products Company's officers' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.
Key Figures
Key Terms
Dividend Equivalents on Restricted Stock Units financial
Restricted Stock Units financial
Phantom Stock Units financial
deferred compensation plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did SON report for John M. Florence on September 10, 2026?
How many Dividend Equivalent units in SON does John M. Florence hold after this Form 4?
How many Phantom Stock Units in SON does John M. Florence hold after this filing?
Were the SON awards to John M. Florence market purchases or compensation grants?
Does this SON Form 4 indicate a Rule 10b5-1 trading plan for John M. Florence?
What is the economic relationship between the SON units and common stock in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.