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Sonoco (SON) HR chief granted dividend equivalent rights on RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

White Andrea B. reported acquisition or exercise transactions in this Form 4 filing.

Sonoco Products Company’s Chief Human Resources Officer, Andrea B. White, received an automatic compensation-related award of 24.8 dividend equivalent units tied to restricted stock units on common stock. Each unit is economically equivalent to one share of common stock and increases her balance to 100.3 units.

These dividend equivalent rights are credited quarterly and will be settled in common stock when she retires or her service otherwise ends, rather than through an immediate cash transaction or open-market share purchase or sale.

Positive

  • None.

Negative

  • None.
Insider White Andrea B.
Role Chief Human Resources Officer
Type Security Shares Price Value
Grant/Award Dividend Equivalents on Restricted Stock Units 24.8 $53.29 $1K
Holdings After Transaction: Dividend Equivalents on Restricted Stock Units — 100.3 shares (Direct)
Footnotes (1)
  1. Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement or other termination of service.
SEC Form 4
FORM 4 UNITED 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*
White Andrea B.

(Last) (First) (Middle)
ONE NORTH SECOND ST
P O BOX 160

(Street)
HARTSVILLE SC 29551-0160

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SONOCO PRODUCTS CO [ SON ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Human Resources Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Dividend Equivalents on Restricted Stock Units $0.0000(1) 03/10/2026 A 24.8 (2) (2) Common Stock 24.8 $53.29 100.3 D
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 Andrea White 03/11/2026
** Signature of Reporting Person Date
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.

FAQ

What did Sonoco (SON) executive Andrea B. White report in this Form 4?

Andrea B. White reported receiving 24.8 dividend equivalent units linked to restricted stock units. Each unit equals one Sonoco common share economically, increasing her total to 100.3 units, to be settled in stock upon retirement or other service termination.

Is Andrea B. White buying or selling Sonoco (SON) stock in this filing?

This filing does not show an open-market buy or sell. It records a compensation-related acquisition of 24.8 dividend equivalent units on restricted stock units, which will convert into Sonoco common shares at retirement or another service-ending event.

What are dividend equivalents on restricted stock units for Sonoco (SON)?

Dividend equivalents on restricted stock units are credits that mirror Sonoco’s dividends as additional units. Each unit is economically equivalent to one common share and is typically settled in stock at retirement or when the executive’s service otherwise ends.

When will the Sonoco (SON) dividend equivalent units be settled for Andrea B. White?

The dividend equivalent units for Andrea B. White will be settled in Sonoco common stock upon her retirement or other termination of service. Until that time, they function as deferred compensation tracking the value and dividends of Sonoco shares.
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97.49M
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United States
HARTSVILLE