Sonoco VP awarded 172.2 dividend-equivalent units
A Sonoco Products Co vice president received additional dividend equivalent units linked to restricted stock, to be settled at retirement or service termination.
Sentiment and the balance of points
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Rhea-AI Filing Summary
SONOCO PRODUCTS CO (SON) reported that officer Adam Wood, Vice President Paper Products Europe, received an acquisition of 172.2 dividend equivalent units tied to Restricted Stock Units on September 10, 2026. These dividend equivalents are economically equivalent to common stock and will be settled upon his retirement or other termination of service, bringing his directly held related units to 4,439.3.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalents on Restricted Stock Units F1, F2 | 172.2 | $48.43 | $8K |
Footnotes (2)
- 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.
Key Figures
Key Terms
Dividend Equivalents financial
Restricted Stock Units financial
economic equivalent financial
termination of service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SON executive Adam Wood report on this Form 4 for SON?
What type of security was involved in Adam Wood’s SON Form 4 filing?
When will Adam Wood’s SON dividend equivalent rights be settled?
Was Adam Wood’s SON Form 4 transaction made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.