Sonoco director granted 326.7 phantom stock units
HILL ROBERT R JR reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
HILL ROBERT R JR reported acquisition or exercise transactions in this Form 4 filing.
Sonoco Products director Robert R. Hill Jr. received a grant of 326.7 Phantom Stock Units on the company’s deferred compensation plan. Each phantom unit is economically equivalent to one share of Sonoco common stock and will be settled in the future when he retires or his board service ends.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 326.7 | $48.99 | $16K |
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
grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sonoco Products (SON) report for Robert R. Hill Jr.?
What are Phantom Stock Units in the Sonoco Products (SON) Form 4 filing?
How many Sonoco Products (SON) Phantom Stock Units does Robert R. Hill Jr. hold after this grant?
How were the new Phantom Stock Units for Sonoco Products (SON) director Robert R. Hill Jr. earned?
When will Robert R. Hill Jr.’s Sonoco Products (SON) Phantom Stock Units be settled?
AI-generated analysis. How Rhea-AI works. Not financial advice.