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SON Form 4: Director accrues 842.2 phantom stock units to be settled in shares

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

Rhea-AI Filing Summary

Steven L. Boyd, a director of Sonoco Products Company (SON), was granted 842.2 phantom stock units on 10/01/2025 under the company's directors' deferred compensation plan. Each phantom unit is the economic equivalent of one share of Sonoco common stock and the units are to be settled in Sonoco common stock six months after the reporting person's retirement. The filing reports the aggregate beneficial ownership after the grant as 8,682.6 shares and shows a per-share reference price of $43.04. The Form 4 was submitted by power of attorney on behalf of Mr. Boyd on 10/02/2025.

Positive

  • 842.2 phantom stock units granted to a director under the deferred compensation plan
  • Phantom units are settled in common stock, aligning compensation with shareholder equity
  • Beneficial ownership increased to 8,682.6 shares following the grant

Negative

  • None.
Insider Boyd Steven L
Role Director
Type Security Shares Price Value
Grant/Award Phantom Stock Units 842.2 $43.04 $36K
Holdings After Transaction: Phantom Stock Units — 8,682.6 shares (Direct)
Footnotes (1)
  1. 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 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.
Form 4 Insider Transactions: What Each Field Means →
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).
1. Name and Address of Reporting Person*
Boyd Steven L
(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)
10/01/2025
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) 10/01/2025 A 842.2 (2) (2) Common Stock 842.2 $43.04 8,682.6 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 Steven L Boyd 10/02/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Steven L. Boyd report on the Form 4 for Sonoco (SON)?

Mr. Boyd reported an award of 842.2 phantom stock units on 10/01/2025, increasing his beneficial ownership to 8,682.6 shares.

How and when will the phantom stock units be settled?

The units were accrued under the directors' deferred compensation plan and are to be settled in Sonoco common stock six months after the reporting person's retirement.

What is the reference price shown in the filing for the phantom units?

The Form 4 lists a per-share reference price of $43.04 for the underlying common stock.

When was the Form 4 filed for this transaction?

The Form 4 was signed by power of attorney and filed on 10/02/2025.

Does each phantom stock unit equal one share of Sonoco common stock?

Yes. The filing states each phantom stock unit is the economic equivalent of one share of Sonoco common stock.