Sonoco Products (NYSE: SON) director reports 817 phantom stock units
Rhea-AI Filing Summary
Sonoco Products Company director Thomas E. Whiddon reported a compensation-related equity transaction. On 01/02/2026, he acquired 817 phantom stock units tied to Sonoco common stock at a reference price of
The units were accrued under the company’s directors deferred compensation plan and are scheduled to be settled in Sonoco common stock 6 months after the reporting person’s retirement. Following this transaction, Whiddon beneficially owned 66,979.7 derivative securities directly, reflecting his accumulated phantom stock position.
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FAQ
What insider transaction did Sonoco Products (SON) disclose for January 2, 2026?
Sonoco Products Company disclosed that director Thomas E. Whiddon acquired 817 phantom stock units on 01/02/2026. These units are tied to Sonoco common stock and were reported on a Form 4.
Who is the reporting person in this Sonoco Products (SON) Form 4 filing?
The reporting person is Thomas E. Whiddon, identified in the filing as a Director of Sonoco Products Company. The Form 4 is filed for one reporting person.
How many phantom stock units did the Sonoco director acquire and at what price?
The director acquired 817 phantom stock units with a listed price of
What are the terms of the phantom stock units reported by Sonoco Products (SON)?
The filing states that each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock. The phantom stock units were accrued under the directors deferred compensation plan and are to be settled in common stock 6 months after the reporting person’s retirement.
How many derivative securities does the Sonoco director own after this transaction?
After the reported acquisition, the director beneficially owned 66,979.7 derivative securities, held with direct (D) ownership according to the Form 4 entry.
Is this Sonoco Products (SON) Form 4 transaction part of a Rule 10b5-1 trading plan?
The form includes a checkbox to indicate if a transaction was made under a Rule 10b5-1(c) plan, but the provided content does not show this box as checked for the reported phantom stock transaction.
Who signed the Sonoco Products (SON) Form 4 for this transaction?
The Form 4 was signed “By: Elizabeth R. Kremer - Power of Attorney for Thomas E. Whiddon” with a signature date of 01/06/2026.