STOCK TITAN

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.

(Neutral)
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Form Type
4

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.

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Negative

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Insider Clark Scott A
Role Director
Type Security Shares Price Value
Grant/Award Phantom Stock Units F1, F2 33 $48.43 $2K
Holdings After Transaction: Phantom Stock Units — 2,990.4 contracts (Direct)
Footnotes (2)
  1. F1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
  2. 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.
Phantom stock units acquired 33 units Grant/award on September 10, 2026
Reference value per phantom stock unit $48.43 per unit Value associated with the September 10, 2026 grant
Total phantom stock units after transaction 2,990.4 units Director’s direct phantom holdings following the September 10, 2026 grant
Underlying common stock equivalent 33 shares Each phantom stock unit equals one share of common stock
Phantom Stock Units financial
"Each share of phantom stock is the economic equivalent of one share"
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"
termination of service regulatory
"will be settled upon the reporting person's retirement or other termination of service"

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)?

He reported an acquisition of 33 Phantom Stock Units on September 10, 2026, as a grant or award under Sonoco Products' directors' deferred compensation plan, economically equivalent to 33 shares of common stock.

At what reference value were the 33 Phantom Stock Units for SON recorded?

The 33 Phantom Stock Units were recorded at a reference value of $48.43 per unit, according to the Form 4, providing the economic basis for the grant tied to Sonoco Products' common stock.

How many phantom stock units does Scott A. Clark hold in Sonoco Products (SON) after this transaction?

After the September 10, 2026 acquisition, Scott A. Clark holds a total of 2,990.4 Phantom Stock Units directly, each economically equivalent to one share of Sonoco Products common stock.

What are Phantom Stock Units in the context of Sonoco Products (SON)?

Each Phantom Stock Unit is the economic equivalent of one share of Sonoco Products common stock. These units track the value of the stock but are settled later, typically in shares, rather than being current shares themselves.

How and when will Scott A. Clark’s SON Phantom Stock Units be settled?

The Phantom Stock Units were acquired on a quarterly dividend under the directors' deferred compensation plan and will be settled upon his retirement or other termination of service, consistent with the plan’s terms.

Was the SON insider transaction made under a Rule 10b5-1 trading plan?

No. The filing indicates that the Rule 10b5-1 checkbox is not checked, and there is no footnote stating that the September 10, 2026 phantom stock grant was made pursuant to a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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*
Clark Scott A

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/10/2026
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
Phantom Stock Units(1)09/10/2026A33 (2) (2)Common Stock33$48.432,990.4D
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 Scott Clark09/14/2026
** 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)

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