Sonoco CEO awarded 805.2 dividend units
Sonoco Products Company’s President & CEO R. Howard Coker received an automatic compensation-related award.
Sentiment and the balance of points
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalents on Restricted Stock Units | 805.2 | $48.99 | $39K |
Footnotes (2)
- F1. Each share of Dividend equivalents on Restricted Stock units is the economic equivalent of one share of Sonoco Products Company common stock
- F2. Acquired quarterly dividend equivalent rights on Restricted Stock which will be settled upon the reporting person's retirement or other termination of service.
Key Figures
Key Terms
Dividend Equivalents on Restricted Stock Units financial
economic equivalent financial
restricted stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Sonoco (SON) CEO R. Howard Coker report in this Form 4?
How many dividend equivalent units does the Sonoco (SON) CEO hold after this transaction?
What is the economic value reference for the Sonoco (SON) CEO’s new units?
When will the Sonoco (SON) CEO’s dividend equivalent units be settled?
AI-generated analysis. How Rhea-AI works. Not financial advice.