STOCK TITAN

Sonoco (NYSE: SON) director adds 326.7 phantom stock units via dividend credit

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

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.

Positive

  • None.

Negative

  • None.
Insider HILL ROBERT R JR
Role null
Type Security Shares Price Value
Grant/Award Phantom Stock Units 326.7 $48.99 $16K
Holdings After Transaction: Phantom Stock Units — 29,969 shares (Direct, null)
Footnotes (1)
  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.
Phantom Stock Units granted 326.7 units Grant on 2026-06-10 under directors’ deferred compensation plan
Reference price per unit $48.99 per unit Price field associated with 326.7 Phantom Stock Units grant
Total phantom units after grant 29,969 units Phantom Stock Units held following the reported transaction
Underlying common stock equivalent 326.7 shares Each phantom unit equals one Sonoco common share economically
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
"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"
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
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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*
HILL ROBERT R JR

(Last)(First)(Middle)
1 N SECOND ST

(Street)
HARTSVILLE SOUTH CAROLINA 29550

(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)
06/10/2026
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)06/10/2026A326.7 (2) (2)Common Stock326.7$48.9929,969D
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 Robert R Hill06/12/2026
** 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 Products (SON) report for Robert R. Hill Jr.?

Sonoco Products reported that director Robert R. Hill Jr. acquired 326.7 Phantom Stock Units. These units were awarded under the directors’ deferred compensation plan and increase his deferred, equity-linked compensation balance with the company.

What are Phantom Stock Units in the Sonoco Products (SON) Form 4 filing?

The Phantom Stock Units are derivative awards whose value equals one share of Sonoco common stock. They track the stock’s economic performance but are settled later, typically in cash or stock, under the deferred compensation plan’s terms.

How many Sonoco Products (SON) Phantom Stock Units does Robert R. Hill Jr. hold after this grant?

After this grant, Robert R. Hill Jr. holds 29,969 Phantom Stock Units. This figure reflects his total deferred units under Sonoco’s plan, including the 326.7 units added through the recent dividend-based award.

How were the new Phantom Stock Units for Sonoco Products (SON) director Robert R. Hill Jr. earned?

The 326.7 Phantom Stock Units were acquired through a quarterly dividend credited under Sonoco’s directors’ deferred compensation plan. Instead of receiving cash, the dividend was converted into additional phantom units tied to Sonoco’s common stock.

When will Robert R. Hill Jr.’s Sonoco Products (SON) Phantom Stock Units be settled?

The Phantom Stock Units will be settled upon Robert R. Hill Jr.’s retirement or other termination of board service. At that point, the deferred units are paid out according to Sonoco’s directors’ deferred compensation plan provisions.