STOCK TITAN

Sonoco Products (NYSE: SON) director reports 817 phantom stock units

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

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 $44.37 per unit. Each phantom stock unit is the economic equivalent of one share of Sonoco common stock.

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.

Positive

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Negative

  • None.
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*
WHIDDON THOMAS E

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026
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
Phantom Stock Units (1) 01/02/2026 A 817 (2) (2) Common Stock 817 $44.37 66,979.7 D
Explanation of Responses:
1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
2. 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.
By: Elizabeth R. Kremer - Power of Attorney for Thomas E. Whiddon 01/06/2026
** 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 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 $44.37 per unit. Each unit is economically equivalent to one share of Sonoco Products Company common stock.

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.

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