STOCK TITAN

Sonoco (NYSE: SON) director John R. Haley awarded 1,835 phantom stock units

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sonoco Products director John R. Haley received a grant of phantom stock units as compensation. On the reported date, he acquired 1,835.2 phantom stock units, each economically equivalent to one share of Sonoco Products Company common stock at a reference price of $55.17 per unit.

These phantom stock units were accrued under the company’s directors deferred compensation plan and are scheduled to be settled in Sonoco common stock six months after his retirement. Following this grant, Haley’s total phantom stock unit balance reported in this filing is 83,803.8 units.

Positive

  • None.

Negative

  • None.
Insider Haley John R
Role Director
Type Security Shares Price Value
Grant/Award Phantom Stock Units 1,835.2 $55.17 $101K
Holdings After Transaction: Phantom Stock Units — 83,803.8 shares (Direct)
Footnotes (1)
  1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock. The phantom stock units were accrued under the Sonoco Products Company directors deferred compensation plan and are to be settled in Sonoco Products Company common stock 6 months after the reporting person's retirement.
Phantom stock units granted 1,835.2 units Grant of phantom stock units on April 1, 2026
Reference price per unit $55.17 per unit Economic equivalent of Sonoco common stock
Total phantom units after grant 83,803.8 units Phantom stock balance following the reported transaction
Underlying security shares 1,835.2 shares Underlying Sonoco common stock equivalent to granted units
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
"were accrued under the Sonoco Products Company directors deferred compensation plan"
economic equivalent financial
"Each share of phantom stock is the economic equivalent of one share"
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*
Haley John R

(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)
04/01/2026
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)04/01/2026A1,835.2 (2) (2)Common Stock1,835.2$55.1783,803.8D
Explanation of Responses:
1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.
2. The phantom stock units were accrued under the Sonoco Products Company directors deferred compensation plan and are to be settled in Sonoco Products Company common stock 6 months after the reporting person's retirement.
By: Elizabeth R. Kremer - Power of Attorney for John R. Haley04/02/2026
** 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)

FAQ

What insider transaction did Sonoco (SON) director John R. Haley report?

John R. Haley reported receiving 1,835.2 phantom stock units as a compensation grant. These units are tied to Sonoco Products Company common stock and were issued under the directors deferred compensation plan, increasing his reported phantom stock balance to 83,803.8 units.

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

The phantom stock units are instruments whose value equals one share of Sonoco common stock. They track the stock’s economic value but do not represent immediate share ownership, and are instead credited under a deferred compensation plan for directors until a future settlement date.

At what value were John R. Haley’s Sonoco (SON) phantom stock units credited?

Haley’s 1,835.2 phantom stock units were credited at $55.17 per unit, matching the economic value of Sonoco common stock. This reference price is used for the deferred compensation accounting, not as an open-market purchase or sale price.

How and when will Sonoco (SON) settle John R. Haley’s phantom stock units?

The phantom stock units will be settled in Sonoco common stock six months after Haley’s retirement. Until then, the units remain as deferred compensation entries, economically tracking the value of Sonoco’s common shares without current share delivery.

What is John R. Haley’s total phantom stock position at Sonoco (SON) after this grant?

After this compensation grant, Haley holds 83,803.8 phantom stock units according to the filing. Each unit reflects the economic value of one Sonoco common share, forming a significant deferred compensation position linked to the company’s equity performance.