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Sonoco (SON) CEO granted 805.2 dividend equivalent RSU units

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

Rhea-AI Filing Summary

Sonoco Products Company’s President & CEO R. Howard Coker received an automatic compensation-related award. He acquired 805.2 dividend equivalent rights on restricted stock units on common stock at a reference price of $48.99 per unit. After this grant, he holds 19,707.7 such units directly. Each dividend equivalent unit is economically equal to one share of common stock and will be settled in the future upon his retirement or other termination of service.

Positive

  • None.

Negative

  • None.
Insider Coker R. Howard
Role President & CEO
Type Security Shares Price Value
Grant/Award Dividend Equivalents on Restricted Stock Units 805.2 $48.99 $39K
Holdings After Transaction: Dividend Equivalents on Restricted Stock Units — 19,707.7 shares (Direct, null)
Footnotes (1)
  1. Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement or other termination of service.
Dividend equivalent units granted 805.2 units Grant of dividend equivalents on restricted stock units on 10 Jun 2026
Reference price per unit $48.99 per unit Transaction price per dividend equivalent unit
Units held after transaction 19,707.7 units Total dividend equivalent restricted stock units following grant
Dividend Equivalents on Restricted Stock Units financial
"security_title: "Dividend Equivalents on Restricted Stock Units""
economic equivalent financial
"Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share"
restricted stock financial
"Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Coker R. Howard
(Last)(First)(Middle)
ONE NORTH SECOND ST
P O BOX 160
(Street)
HARTSVILLE SOUTH CAROLINA 29551-0160
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
SONOCO PRODUCTS CO [ SON ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Dividend Equivalents on Restricted Stock Units$0.0000(1)06/10/2026A805.2 (2) (2)Common Stock805.2$48.9919,707.7D
Explanation of Responses:
1. Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock
2. Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement or other termination of service.
By: Elizabeth R. Kremer - Power of Attorney for R. Howard Coker06/12/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Sonoco (SON) CEO R. Howard Coker report in this Form 4?

R. Howard Coker reported receiving 805.2 dividend equivalent rights on restricted stock units tied to Sonoco common stock. These compensation-related units increase his deferred equity-based holdings and are not open-market share purchases or sales.

How many dividend equivalent units does the Sonoco (SON) CEO hold after this transaction?

After the June 10, 2026 award, the CEO holds 19,707.7 dividend equivalent restricted stock units directly. Each unit is economically equivalent to one Sonoco common share and is scheduled to settle at retirement or other termination of service.

Was there any open-market buying or selling of Sonoco (SON) shares in this Form 4?

No open-market trades were reported. The filing shows an acquisition coded “A,” reflecting a grant of dividend equivalent rights on restricted stock units, not a purchase or sale of common shares in the market.

What is the economic value reference for the Sonoco (SON) CEO’s new units?

The 805.2 dividend equivalent units were recorded at a reference price of $48.99 per unit. Each unit is described as the economic equivalent of one Sonoco common share, with settlement deferred until retirement or other termination.

When will the Sonoco (SON) CEO’s dividend equivalent units be settled?

The filing notes that the quarterly dividend equivalent rights on restricted stock will be settled upon the CEO’s retirement or other termination of service. This means the economic benefit is deferred rather than immediately realized.