Sonoco (NYSE: SON) CFO receives 2,296 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Joachimczyk Paul reported acquisition or exercise transactions in this Form 4 filing.
Sonoco Products Company CFO Paul Joachimczyk received a grant of 2,296 restricted stock units on June 30, 2026. Each unit represents a contingent right to receive one share of Sonoco common stock.
The units vest three years from the grant date, and vested shares will be delivered six months after his retirement or termination of service. Following this award, his reported restricted stock unit holdings from this filing total 2,296 units held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Joachimczyk Paul
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,296 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,296 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock. The restricted stock units vest 3 years from date of grant. Vested shares will be paid to the reporting person six months following retirement or termination of service.
Key Figures
RSU grant size: 2,296 units
RSU-to-share ratio: 1 share per unit
Vesting period: 3 years
+2 more
5 metrics
RSU grant size
2,296 units
Restricted stock units granted on June 30, 2026
RSU-to-share ratio
1 share per unit
Each restricted stock unit equals one share of common stock
Vesting period
3 years
Units vest three years from grant date
Settlement timing
6 months delay
Shares paid six months after retirement or termination
Post-grant RSU holdings
2,296 units
Total restricted stock units reported following transaction
Key Terms
Restricted Stock Units, contingent right, vest, termination of service
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive one share of Sonoco Products Company common stock"
vest financial
"The restricted stock units vest 3 years from date of grant"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
termination of service financial
"Vested shares will be paid to the reporting person six months following retirement or termination of service"
FAQ
What equity award did Sonoco (SON) grant to its CFO in this Form 4?
Sonoco’s CFO, Paul Joachimczyk, received 2,296 restricted stock units. Each unit is a contingent right to one share of common stock, providing equity-based compensation aligned with company performance and long-term shareholder value.
When do the CFO’s 2,296 restricted stock units at Sonoco (SON) vest?
The 2,296 restricted stock units vest three years from the June 30, 2026 grant date. This three-year vesting schedule encourages longer-term retention and aligns the CFO’s incentives with sustained company performance over time.
What does each restricted stock unit represent in Sonoco’s (SON) Form 4 filing?
Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock. Actual share delivery depends on the vesting conditions and timing of the CFO’s retirement or termination of service.
How many restricted stock units does the Sonoco (SON) CFO hold after this grant?
After this grant, the Form 4 shows the CFO holding 2,296 restricted stock units directly. These units are scheduled to vest after three years, with share delivery six months following retirement or termination of service.