Sonoco (SON) director granted 235.7 phantom stock units as deferred pay

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Drew Theresa J reported acquisition or exercise transactions in this Form 4 filing.

Sonoco Products director Theresa J. Drew received 235.7 Phantom Stock Units credited on a quarterly dividend under the directors' deferred compensation plan. Each phantom share is economically equivalent to one share of Sonoco common stock and will be settled in the future upon her retirement or other termination of service. Following this award, she holds 21,620 phantom units directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Drew Theresa J

Role null

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	235.7	$48.99	$12K

Holdings After Transaction: Phantom Stock Units — 21,620 shares (Direct, null)

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.

Key Figures

Phantom units granted: 235.7 units Equivalent stock: 1 unit = 1 common share Price reference: $48.99 per unit +2 more

5 metrics

Phantom units granted 235.7 units Grant on quarterly dividend, June 10, 2026

Equivalent stock 1 unit = 1 common share Economic equivalence per footnote

Price reference $48.99 per unit Transaction price used for the award

Total phantom units after 21,620 units Holdings following reported transaction

Transaction code A (grant/award acquisition) SEC Form 4 transaction classification

Key Terms

Phantom Stock Units, directors' deferred compensation plan, economic equivalent, grant, award, or other acquisition

4 terms

Phantom Stock Units financial

"security_title: "Phantom Stock Units""

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

directors' deferred compensation plan financial

"Acquired on quarterly dividend on Sonoco Products Company's directors' deferred compensation plan"

economic equivalent financial

"Each share of phantom stock is the economic equivalent of one share"

grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

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Form 4 Insider Transactions: What Each Field Means →

06/12/2026 - 06:21 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^*

Drew Theresa J

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
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⁾	06/10/2026		A		235.7		⁽²⁾	⁽²⁾	Common Stock	235.7	$48.99	21,620	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 Theresa J. Drew	06/12/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Sonoco Products (SON) report for Theresa J. Drew?

Sonoco reported that director Theresa J. Drew received 235.7 Phantom Stock Units as a grant. The award was credited from a quarterly dividend in the directors’ deferred compensation plan and increases her direct phantom holdings to 21,620 units.

Is the Theresa J. Drew Form 4 for Sonoco (SON) an open-market stock purchase?

No, the Form 4 shows a grant of Phantom Stock Units, not an open-market purchase. The units were acquired as part of a quarterly dividend credited under Sonoco’s directors’ deferred compensation plan instead of being bought in the market.

How many Sonoco (SON) Phantom Stock Units does Theresa J. Drew hold after this transaction?

After the transaction, Theresa J. Drew holds 21,620 Phantom Stock Units directly. This total reflects the addition of 235.7 new units credited on the quarterly dividend within Sonoco’s directors’ deferred compensation plan.

What are Sonoco (SON) Phantom Stock Units reported in Theresa J. Drew’s Form 4?

Each Phantom Stock Unit is the economic equivalent of one share of Sonoco common stock. These units track the stock’s value but are part of a deferred compensation plan and are typically settled in cash or stock at retirement or service termination.

When will Theresa J. Drew’s Sonoco (SON) Phantom Stock Units be settled?

The Phantom Stock Units will be settled upon Theresa J. Drew’s retirement or other termination of service. Until then, they remain as deferred compensation tied to the value of Sonoco’s common stock under the directors’ deferred compensation plan.