Sonoco HR chief exercises 374 RSUs, nets shares
Sonoco Products Company executive Andrea B. White reported equity award activity involving restricted stock units and common stock.
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Rhea-AI Filing Summary
Sonoco Products Company executive Andrea B. White reported equity award activity involving restricted stock units and common stock. She converted 374 restricted stock units into 374 shares of common stock and then delivered 134 shares at $51.67 per share to cover tax obligations, leaving 3,849 shares held directly. She also reports 620 shares of common stock held indirectly through a 401(k) plan. Each restricted stock unit represents a right to receive one share of common stock, vesting over three years in 33%, 33%, and 34% annual installments beginning one year from grant.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 374 | $51.67 | $19K |
| Exercise | Common Stock | 374 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 134 | $51.67 | $7K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Sonoco Products Company common stock.
- F2. The restricted stock units vest beginning one year from date of grant in three annual installments of 33%, 33% and 34%.
FAQ
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What insider transaction did Andrea B. White report at Sonoco (SON)?
How many Sonoco (SON) restricted stock units were converted into common stock?
How do Sonoco (SON) restricted stock units vest for this grant?
What role does Andrea B. White hold at Sonoco (SON)?
AI-generated analysis. How Rhea-AI works. Not financial advice.