Sonoco Products (NYSE: SON) director adds 172.9 phantom stock units via dividend
Rhea-AI Filing Summary
Sonoco Products Company director Eleni Istavridis reported a routine change in her deferred equity holdings. On 12/10/2025, she acquired 172.9 phantom stock units, each economically equivalent to one share of Sonoco common stock, through a quarterly dividend credited to the directors' deferred compensation plan at a reference price of $41.93 per share. Following this transaction, she beneficially owns 13,858.4 phantom stock units, which are scheduled to be settled in Sonoco common stock upon her retirement or other termination of service.
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FAQ
What insider transaction did Sonoco Products (SON) report for 12/10/2025?
On 12/10/2025, Sonoco Products Company director Eleni Istavridis reported acquiring 172.9 phantom stock units tied to Sonoco common stock under the directors' deferred compensation plan.
How many Sonoco (SON) phantom stock units does the reporting person hold after this Form 4?
After the reported transaction, the director beneficially owns 13,858.4 phantom stock units, all recorded as direct ownership.
What are phantom stock units in the Sonoco Products (SON) directors' plan?
Each phantom stock unit is the economic equivalent of one share of Sonoco Products Company common stock, tracking its value without being an actual share until settlement.
How were the new Sonoco (SON) phantom stock units acquired in this filing?
The 172.9 phantom stock units were acquired through a quarterly dividend credited under Sonoco Products Company's directors' deferred compensation plan.
When will the Sonoco (SON) phantom stock units reported by the director be settled?
The filing states that the phantom stock units will be settled upon the reporting person's retirement or other termination of service from Sonoco Products Company.
What price per share reference is shown in this Sonoco (SON) Form 4 transaction?
The Form 4 lists a reference price of $41.93 per share of Sonoco Products Company common stock for the reported phantom stock unit transaction.