SON insider Form 4: RSUs and dividend equivalents reported
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sonoco Products (SON) filed a Form 4 showing officer Ernest D. Haynes reported derivative transactions on 11/03/2025. Two entries list Transaction Code F involving derivative awards tied to common stock.
The first covers Dividend equivalents on Restricted Stock Units with 8 underlying shares at $40.57, leaving 682.3 derivative securities beneficially owned. The second involves Restricted Stock Units with 60 underlying shares at $40.57, with 1,650 derivative securities beneficially owned after the transaction. Each RSU represents a contingent right to receive one share, and dividend equivalent rights settle upon retirement or termination, with RSUs vesting three years from grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Haynes Ernest D III
Role
Pres. Consumer Pkg Americas
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Dividend Equivalents on Restricted Stock Units | 8 | $40.57 | $324.56 |
| Tax Withholding | Restricted Stock Units | 60 | $40.57 | $2K |
Holdings After Transaction:
Dividend Equivalents on Restricted Stock Units — 682.3 shares (Direct);
Restricted Stock Units — 1,650 shares (Direct)
Footnotes (1)
- Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock Dividend equivalents rights on Restricted Stock will be settled upon the reporting person's retirement or other termination of service. Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock. The restricted stock units vest 3 years from date of grant. Vested shares will be paid to the reporting person six months following retirement or termination of service.
FAQ
What did Sonoco (SON) disclose in this Form 4?
An officer reported two derivative transactions on 11/03/2025 with Transaction Code F involving RSUs and dividend equivalents.
What prices are associated with the Form 4 entries?
Both transactions reference a price of $40.57.
How many derivative securities does the reporting person hold after the transactions?
The filing shows 682.3 for dividend equivalents and 1,650 RSUs beneficially owned following the transactions.
Who is the reporting person and their role at Sonoco (SON)?
The reporting person is Ernest D. Haynes, listed as Pres. Consumer Pkg Americas.
What do the dividend equivalent and RSU notes say?
Dividend equivalents are economically equivalent to common stock and settle at retirement or termination; RSUs vest three years from grant.