Sonoco (SON) executive exercises 958 RSUs and withholds 476 shares for taxes
Rhea-AI Filing Summary
Sonoco Products executive Ernest D. Haynes III reported equity transactions involving restricted stock units and common stock. On February 13, 2026, he exercised 958 restricted stock units at an indicated value of $51.67 per unit, receiving 958 shares of common stock at $0 per share as part of the conversion. To cover the exercise price or related tax obligations, 476 common shares were disposed of at $51.67 per share in a tax-withholding transaction, rather than an open-market sale. After these transactions, he held 8,278 shares of common stock directly and 35.2594 shares indirectly through a 401(k) account. The filing notes that restricted stock units vest over three years in installments of 33%, 33% and 34% beginning one year after grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 958 | $51.67 | $49K |
| Exercise | Common Stock | 958 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 476 | $51.67 | $25K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The restricted stock units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%.
FAQ
What insider transactions did SON executive Ernest D. Haynes III report?
What price is associated with the SON restricted stock unit exercise and tax disposition?
How do the SON restricted stock units reported by Haynes vest over time?
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