Sonoco director granted 33 phantom stock units
SONOCO PRODUCTS CO (SON) reported that director Scott A. Clark acquired 33 Phantom Stock Units on September 10, 2026, as a grant/award under a directors' deferred compensation plan at a referenced value of $48.43 per unit.
Rhea-AI Filing Summary
SONOCO PRODUCTS CO (SON) reported that director Scott A. Clark acquired 33 Phantom Stock Units on September 10, 2026, as a grant/award under a directors' deferred compensation plan at a referenced value of $48.43 per unit. Each phantom stock unit is economically equivalent to one share of common stock and will be settled in stock upon his retirement or other termination of service, bringing his reported direct phantom stock holdings to 2,990.4 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F2 | 33 | $48.43 | $2K |
Footnotes (2)
- F1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
- F2. 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
Key Terms
Phantom Stock Units financial
directors' deferred compensation plan financial
economic equivalent financial
termination of service regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SON director Scott A. Clark report for Sonoco Products (SON)?
At what reference value were the 33 Phantom Stock Units for SON recorded?
How many phantom stock units does Scott A. Clark hold in Sonoco Products (SON) after this transaction?
What are Phantom Stock Units in the context of Sonoco Products (SON)?
How and when will Scott A. Clark’s SON Phantom Stock Units be settled?
Was the SON insider transaction made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.