Sonoco (SON) director gains 666.1 phantom stock units in deferred award

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Form Type

Rhea-AI Filing Summary

WHIDDON THOMAS E reported acquisition or exercise transactions in this Form 4 filing.

Sonoco Products Company director Thomas E. Whiddon received 666.1 phantom stock units on a quarterly dividend credit under the directors’ deferred compensation plan. Each phantom unit is the economic equivalent of one share of Sonoco common stock at a reference price of $53.29 per share.

After this grant, Whiddon holds a total of 67,645.8 phantom stock units, all directly. These units track the value of Sonoco common stock and will be settled when he retires from, or otherwise leaves, board service.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider WHIDDON THOMAS E

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	666.1	$53.29	$35K

Holdings After Transaction: Phantom Stock Units — 67,645.8 shares (Direct)

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.

Form 4 Insider Transactions: What Each Field Means →

03/11/2026 - 07:06 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^*

WHIDDON THOMAS E

(Last)

(First)

(Middle)

ONE NORTH SECOND ST

P O BOX 160

(Street)

HARTSVILLE

29551-0160

(City)

(State)

(Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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⁾	03/10/2026		A		666.1		⁽²⁾	⁽²⁾	Common Stock	666.1	$53.29	67,645.8	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 Thomas E. Whiddon	03/11/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Sonoco Products (SON) report for Thomas E. Whiddon?

Sonoco Products reported that director Thomas E. Whiddon received 666.1 phantom stock units as a grant. The award was credited as a quarterly dividend under the directors’ deferred compensation plan and increases his total phantom unit holdings to 67,645.8.

What are phantom stock units in the Sonoco Products (SON) Form 4 filing?

Phantom stock units are bookkeeping entries economically equivalent to Sonoco common shares. They track the stock’s value but do not provide current share ownership, and are typically settled in cash or stock upon retirement or other termination of board service.

At what value were Thomas Whiddon’s new phantom stock units recorded at Sonoco (SON)?

Thomas Whiddon’s 666.1 phantom stock units were recorded at a reference value of $53.29 per unit. This amount reflects the economic value per unit, matching one share of Sonoco Products common stock for compensation accounting purposes.

How many phantom stock units does Thomas Whiddon now hold at Sonoco (SON)?

Following the latest quarterly dividend credit, Thomas Whiddon now holds 67,645.8 phantom stock units. This balance reflects cumulative deferred director compensation that will be settled when his service on Sonoco Products’ board ends.

Is the Sonoco (SON) Form 4 transaction a market buy or sale of common stock?

No, the Form 4 shows a compensation-related grant of phantom stock units, not an open-market trade. Whiddon did not buy or sell Sonoco common shares; instead, his deferred compensation balance increased through additional phantom units.

When will Thomas Whiddon’s Sonoco (SON) phantom stock units be settled?

The phantom stock units will be settled upon Thomas Whiddon’s retirement or other termination of service as a director. At that time, the accumulated units are typically paid out based on the then-current value linked to Sonoco common stock.