Phantom stock units credited to Sonoco (NYSE: SON) board director

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Form Type

Rhea-AI Filing Summary

DAVIES PAMELA LEWIS reported acquisition or exercise transactions in this Form 4 filing.

Sonoco Products Company director Pamela Lewis Davies received 666.1 phantom stock units under the company’s directors’ deferred compensation plan. Each phantom unit is the economic equivalent of one share of Sonoco common stock and was credited at a reference price of $53.29 per unit.

Following this grant, Davies holds a total of 67,645.7 phantom stock units. These units are designed to track the value of Sonoco stock and, according to the plan terms, will be settled in the future upon her retirement or other termination of board service, rather than through an immediate cash or stock transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider DAVIES PAMELA LEWIS

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	666.1	$53.29	$35K

Holdings After Transaction: Phantom Stock Units — 67,645.7 shares (Direct)

Footnotes (1)

Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock. Acquired on quarterly dividend on Sonoco Products Company's directors' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.

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Form 4 Insider Transactions: What Each Field Means →

03/11/2026 - 06:43 PM

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^*

DAVIES PAMELA LEWIS

(Last)

(First)

(Middle)

ONE NORTH SECOND ST

P O BOX 160

(Street)

HARTSVILLE

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)
03/10/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock Units	⁽¹⁾	03/10/2026		A		666.1		⁽²⁾	⁽²⁾	Common Stock	666.1	$53.29	67,645.7	D

Explanation of Responses:

1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.

2. Acquired on quarterly dividend on Sonoco Products Company's directors' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.

	By: Elizabeth R. Kremer - Power of Attorney for Pamela L. Davies	03/11/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Sonoco (SON) director Pamela Lewis Davies report?

Pamela Lewis Davies reported receiving 666.1 phantom stock units as a compensation-related award. The units were credited under Sonoco’s directors’ deferred compensation plan at a reference price of $53.29 per unit, increasing her total phantom holdings to 67,645.7 units.

What are phantom stock units in Sonoco (SON)’s director compensation plan?

Sonoco’s phantom stock units are bookkeeping entries that mirror the value of one share of common stock each. They accumulate value like actual shares but are paid out later, typically at retirement or service termination, rather than through immediate share delivery or cash payments.

How many phantom stock units does Pamela Lewis Davies now hold at Sonoco (SON)?

After the latest award, Pamela Lewis Davies holds 67,645.7 phantom stock units tied to Sonoco’s common stock. This total reflects long-term deferred compensation that tracks the company’s share value until future settlement when her board service ends.

Did the Sonoco (SON) Form 4 show an open-market stock purchase by the director?

No, the Form 4 shows a grant of 666.1 phantom stock units, not an open-market stock purchase. The units were acquired through a quarterly dividend credit in the directors’ deferred compensation plan, reflecting non-cash, compensation-related accumulation rather than a market trade.

When will Sonoco (SON) director Pamela Lewis Davies receive value from these phantom stock units?

According to the disclosure, the phantom stock units will be settled upon her retirement or other termination of service as a director. At that time, the accumulated units, which track Sonoco’s share value, are expected to convert into the form specified by the deferred compensation plan.